Government grants & bonuses
Are you thinking about buying or building a home in Victoria? You could be eligible for a number of home buyer grants, bonuses and duty reductions worth thousands of dollars, including:
- First Home Owner Grant
- First Home Bonus
- Regional new home bonus
- Stamp duty reduction
Want to know if you could be eligible for these? Contact us.
First Home Owner Grant in Victoria
The First Home Owner Grant is available for first home buyers in Victoria who build or purchase a new home, a payment of up to $10,000 is available for those eligible.
This federal government initiative is administered and funded by the Victorian State Government.
Find out if you can get the First Home Owner Grant in Victoria here.
First Home Bonus in Victoria
On top of the First Home Owner Grant, if you’re a first home buyer in Victoria, you may also be eligible for the First Home Bonus.
The additional $13,000 First Home Bonus is paid on top of the First Home Owner Grant for new homes in Victoria only.
Find out more about Victoria's First Home Bonus for new homes here.
Regional new home bonus in Victoria
You may also be eligible for a regional new home bonus of $6,500 on top of first home buyer grants if you’re going to purchase or build a new home in a regional area of Victoria.
You don’t need to be a first home buyer to receive this grant.
Find out if your chosen community is eligible for the regional Victoria new home bonus.
Stamp duty reduction for first home buyers
Finally, along with the other first home buyer grants and bonuses, the Victoria government may also reduce the land transfer duty you pay.
If you’re buying your first home in Victoria to live in (not as an investment), you could be eligible for a percentage reduction on your Stamp Duty.
Find out more about first home buyer stamp duty reduction here.
With all these free home owner bonuses, grants and discounts from the government to help you, now’s the ideal time to buy or build your new home.