Preparing financially
Victorian First Home Owner Grant
A one-off grant for eligible first-home buyers of a new home in Victoria — what counts as 'new', and how it differs from the duty exemption.
- The Grant applies only to new homes — newly built, substantially renovated, or never previously occupied or sold as a residence.
- It does not apply to established (previously lived-in) homes.
- A property price cap applies.
- It is separate from, and can potentially be combined with, the Victorian duty exemption/concession — but each has its own eligibility rules.
What the Grant pays and who qualifies
The Victorian First Home Owner Grant pays $10,000 (State Revenue Office Victoria, verified 29 Jul 2026) to eligible first-home buyers of a new home — newly constructed, substantially renovated, or never previously occupied or sold as a place of residence. It does not apply to established (previously lived-in) homes, and a property price cap applies.
How it differs from the duty exemption
The Grant is a one-off cash payment toward your purchase, separate from the Victorian first-home buyer duty exemption or concession covered in its own guide. Established-home buyers may still be eligible for the duty exemption/concession even though they cannot receive the Grant, which only applies to new homes — a distinction worth checking carefully before assuming either benefit applies.
Practical checklist
Before assuming the Grant applies
- Confirm the property's occupancy and sale history qualifies it as 'new'
- Check the property's price against the current cap
- Confirm every applicant meets the first-home buyer eligibility criteria
- Ask your conveyancer or the SRO to confirm eligibility before relying on the Grant in your budget
Relevant Delora tool
Questions for a professional
- Does this specific property qualify as 'new' for First Home Owner Grant purposes?
- What is the current price cap, and does this property fall under it?
- Can I receive the Grant and the duty exemption on the same purchase?
Official resources
Sources and methodology
- First Home Owner Grant — State Revenue Office Victoria (retrieved 29 Jul 2026)
Figures on this page are drawn from Delora's local knowledge graph, refreshed from these primary sources and checked for changes on a regular schedule. If a figure here looks out of date, the official source above is always the authority — please let us know.