First Home Owner Grant (FHOG) VIC

The FHOG Victoria is only available if you buy a newly built home or if you choose to build a home from scratch. The FHOG is worth $10,000 and can be a house, townhouse, apartment, or unit.

The property must be valued at $750,000 or less, and it must be a new home – being sold as a home for the first time.

There are a few rules to be eligible for the First Home Owner Grant in VIC, these conditions are:

• You or your spouse/partner must not have previously received a FHOG in Australia
• You must not have owned a home or other residential property in Australia, either jointly or separately, before 1 July 2000. However, you may still be eligible for the FHOG if you or your spouse/partner owned property on or after 1 July 2000 but did not live there as your home.
• You must occupy the home for at least 12 months within 12 months of settling on the property (this is when the keys are handed to you) or from when the home is fully built.
• You must be aged 18 or over and be an Australian citizen or permanent resident either by the time you settle or when the home is ready to be occupied.

Applying for the First Home Owner Grant is easy, and your Mortgage Choice broker can guide you through the paperwork. Simply fill out the form below and a local expert will be in contact with you shortly.

Yes, the $10,000 can be used towards a deposit, though it likely will not be enough by itself.

There are many different ways you can go about buying your first home. The best way is to get in touch with a mortgage broker, who can show you the state grants that you're eligible for and can help with your home loan application. Check out our Steps to Buying your First Home for more information on how to buy your first home.