First Home Buyers Australia

Buying your first home is an exciting journey, but it can also feel overwhelming. Thankfully, the First Home Buyers Grant in Victoria offers financial support to help you take that first step toward homeownership. This guide will break down everything you need to know, including eligibility, benefits, and tips for making the most of the grant. What Is the First Home Buyers Grant in Victoria? The First Home Owners Grant (FHOG) is a government initiative to help first-time buyers purchase their first property. In Victoria, eligible buyers can receive up to $10,000 for buying or building a new home valued at $750,000 or less. For those in regional Victoria, the grant increases to $20,000. This financial boost can make a significant difference, especially when paired with other incentives like stamp duty concessions. Who Is Eligible for the First Home Buyers Grant Victoria? Eligibility for the first home grant VIC depends on several criteria. To qualify: You must be a first-time buyer : ...