To have a Victorian Mortgage Alliance Finance Consultant contact you to discuss the First Home Owners Grant or the best Home Loan options for First Home Buyers please fill in our contact form by clicking here Or simply contact us by email or phone on the numbers listed below
Email:
info@vicmortgage.com.au
Telephone:
1300 889 169
If you are a first home owner you may be entitled to receive one or more of the following:
First Home Owner Grant (the Grant),
First Home Bonus (the Bonus),
First Home Owner Boost (the Boost) (for contracts entered into on or after 14 October 2008 and before 1 January 2010).
A regional bonus
The tables below set out the different amounts that first home buyers in Victoria may be eligible for:
The information in these tables is to be used as a guide only.
Contract Date (1 July 2010 - 30 June 2011)
Conditions
First Home Owner Grant (FHOG)
First Home Bonus
First Home Owner Regional Bonus
Total
Established homes only
$7,000#
$0.00
$0.00
$7,000
Newly constructed homes in Metropolitan Victoria only
$7,000#
$13,000*
$0.00
$20,000
Newly constructed homes in Regional Victoria only
$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.
Contract Date (1 January 2010 - 30 June 2010)
Conditions
First Home Owner Grant (FHOG)
First Home Bonus
First Home Owner Regional Bonus
Total
Established homes only
$7,000#
$2,000*
$0.00
$9,000
Newly constructed homes in Metropolitan Victoria only
$7,000#
$11,000*
$0.00
$18,000
Newly constructed homes in Regional Victoria only
$7,000#
$11,000*
$4,500*
$22,500
*For contracts entered into between 1 July 2009 to 30 June 2010, the value of the property must not exceed $600,000.
#For contracts entered into after 1 January 2010, the price of the property or construction of the home must not exceed $750,000.
Contract Date (1 October 2009 - 31 December 2009)
Conditions
First Home Owner Grant (FHOG)
New First Home Owner Boost
First Home Bonus
First Home Owner Regional Bonus
Total
Established homes only
$7,000
$3,500
$2,000*
$0.00
$12,500
Newly constructed homes in Metropolitan Victoria only
$7,000
$7,000
$11,000*
$0.00
$25,000
Newly constructed homes in Regional Victoria only
$7,000
$7,000
$11,000*
$4,500*
$29,500
*For contracts entered into between 1 July 2009 to 30 June 2010, the value of the property must not exceed $600,000.
