First Home Buyers Grant Victoria (VIC)
First Home Buyers in Victoria may be eligible to receive both the federal government’s $7,000 First Home Owner Grant (FHOG) and an additional payment known as the First Home Bonus when purchasing or constructing properties where the value does not exceed $500,000.
How Much is the First Home Bonus?
The First Home Bonus applies to only newly-constructed properties. The total grant amounts available to Victorian first home buyers, depending on your property type and location, is summarised in the below table.
| Property Type | First Home Owner Grant# | First Home Bonus* | Regional Bonus* | TOTAL |
| Established Homes | $7,000 | $0 | $0 | $7,000 |
| Newly Constructed Homes – Metro Areas | $7,000 | $13,000 | $0 | $20,000 |
| Newly Constructed Homes – Regional Areas | $7,000 | $13.000 | $6,500 | $26,500 |
#For contracts entered into after 1 January 2010, to qualify for the Grant, the price of the property or construction of the home must not exceed $750,000.
*For contracts entered into between 1 July 2009 to 30 June 2011, to qualify for the Bonus, the value of the property must not exceed $600,000.
As a first home buyer you may also be eligible for stamp duty concessions as an alternative to the First Home Bonus. Check with your mortgage broker for more information.
Get Help With the First Home Buyers Grant and First Home Bonus
Get help with your first home buyer entitlements, including completing any relevant paperwork, and even find out which home loan options are in your best interest. Simply call us on 13 94 62 (or direct on +61 2 9249 3739) or email us the form on this page.
Home Loans in VIC – Mortgage Brokers Profiles
- Adam Nelson
- Adam Zahra
- Adelio Antonio
- Alex Cedeno
- Alex Shumsky
- Alexander Heifetz
- Andrew Rizio
- Andy McGorlick
- Ari Syngeniotis
- Astrid Caddeo
- Ben Marsden
- Beth Poyser
- Beti Butrakoska
- Bhavesh Shah
- Bill Armistead
- Brendon Quan
- Bruce Scaf
- Bryan Ng
- Carl Scheriani
- Chelsea Croxford
- Claude Rotstein
- Clint Bravo
- Daniel Turski
- Daniel Vella
- David Le
- David Yu
- Dean Castleton
- Dean Pieterse
- Diana Todaro
- Diane Clarke
- Dimi Panagopoulos
- Dom Perrone
- Doug Owens
- Frank Chillura
- Gabrielle Schubert
- Gavin Hunt
- Gianni Benvenuto
- Giles Bray
- Grant Rheuben
- Ian Mackinnon
- Jack Yu
- Jamil Allouche
- Jason Diggins
- John Konidaris
- John Park
- John Reynolds
- John Vitone
- Jude Miranda
- Kara Fedele
- Katherine Howlett
- Kerren Goodwin
- Kerry Davies
- Kim Huynh
- Lance Ractliffe
- Laurent Poirier
- Liz Antonellos
- Liz Horsley
- Lynne Tompkins
- Mai-Linh Tran
- Mal Purton
- Marios Rokka
- Mark De Martino
- Mark Yancos
- Martin Fedmowski
- Marty Smith
- Matt Hanrahan
- Matt Roulston
- Matthew May
- Matthew Middleton
- Michael Mobbs
- Michael Phillips
- Nick Gurry
- Paul Moulday
- Peter Armstrong
- Peter Elliott
- Peter Fay
- Peter Piccione
- Peter Vinci
- Philip Mathew
- Rakesh Gupta
- Rick Caffari
- Rob Lee
- Robert Di Mieri
- Rod Sherman
- Rodney Mcleod
- Ross Mavor
- Sanchez Mahendranathan
- Sandra Mallia
- Sarah Thomson
- Shanker Bala
- Shawkat Gaafar
- Sherren Mcgregor
- Simon Szmerling
- Stephen O'Reilly-Nugent
- Ted Ongarezos
- Terry Cochrane
- Tim Hansen
- Toby Edmunds
- Tony Ciancio
- Tony Spies
- Trev Shand
- Trevor Buultjens
- Trevor Giacometti
- Trish Rotstein
- Troy Erickson
- Vida Lowry
More information and home loan help
For more information on how and where to find a better home loan deal from an extensive panel of Australian banks and secure mortgage lenders, or to speak to your local area mortgage expert, contact us on 13 94 62 (direct +61 2 9249 3739)
