What Is the First Home Owner Grant in Victoria?

Friday 31 July 2026

Buying your first home is an exciting milestone, but it also comes with significant upfront costs. To help make home ownership more accessible, the Victorian Government offers the First Home Owner Grant (FHOG) to eligible buyers purchasing or building a new home.

If you're considering building your first home, understanding how the grant works, who is eligible and how to apply can help you make the most of the assistance available.

What Is the First Home Owner Grant in Victoria?

The First Home Owner Grant (FHOG) is a $10,000 one off payment available to eligible first home buyers who purchase or build a new home in Victoria.

The grant is designed to encourage the construction of new homes while helping eligible buyers reduce some of the upfront costs associated with entering the property market.

To be eligible, the new home must generally have a total value of $750,000 or less, and applicants must meet the Victorian Government's current eligibility requirements. As these requirements may change over time, it's important to check the latest information before applying.

Who Is Eligible for the First Home Owner Grant?

To receive the First Home Owner Grant in Victoria, applicants must meet a range of eligibility criteria.

These generally include:

  • Being an Australian citizen or permanent resident.

  • Purchasing or building your first home.

  • Buying or building a new home valued at $750,000 or less.

  • Living in the home as your principal place of residence for the required occupancy period.

  • Satisfying all current Victorian Government eligibility requirements.

If you're purchasing with another person, everyone included on the application must also meet the relevant eligibility requirements.

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What Properties Qualify?

The grant is available for eligible buyers purchasing or building a newly built home in Victoria. Established homes generally do not qualify.

Eligible properties may include:

  • A newly completed home.

  • A house and land package.

  • Certain off the plan purchases.

  • A home built under a building contract.

Many first home buyers choose a house and land package because it combines the land purchase and home construction into one solution while allowing eligible buyers to access government incentives.

Before signing a contract, it's worth confirming that both the property and your circumstances meet the current First Home Owner Grant requirements.

How Do You Apply for the First Home Owner Grant?

The application process will depend on how you're purchasing your home.

Many buyers apply through their approved lender as part of the home loan process, while others may apply directly through the State Revenue Office Victoria.

You'll generally need to provide documents confirming your identity, eligibility and details of your contract of sale or building contract.

Submitting your application early can help ensure everything is in place before settlement or construction commences.

Can You Receive Other First Home Buyer Benefits?

In many cases, eligible buyers may also qualify for additional government incentives alongside the First Home Owner Grant.

Depending on your circumstances, these may include:

  • Stamp duty concessions.

  • First home buyer concessions.

  • Other Victorian Government incentives.

Understanding the assistance available before purchasing can help reduce your upfront costs and make buying your first home more affordable.

Why Eight Homes

Building Your First Home With Eight Homes

Many eligible buyers choose to use the First Home Owner Grant when building a new home rather than purchasing an established property.

At Eight Homes, many of our house and land packages and new home designs may be eligible for the grant, provided you meet the Victorian Government's requirements. Building a new home can also provide access to other first home buyer incentives, helping reduce the upfront cost of entering the property market.

Because every buyer's circumstances are different, it's important to understand which grants and concessions you may qualify for before signing your contracts. Eight Homes works with trusted finance partner Innovayt, who can help you understand your borrowing capacity, available government incentives and finance options, so you can move forward with confidence.

Making the Most of the First Home Owner Grant

The First Home Owner Grant can significantly reduce the upfront cost of buying or building your first home if you're eligible.

Understanding the grant amount, eligibility requirements and application process before you commit to purchasing or building can help you make informed decisions and avoid unnecessary delays.

If you're considering building your first home, speaking with experienced finance professionals like our partners at Inovayt and your builder early can help ensure you're making the most of the grants and incentives available.

Frequently Asked Questions