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What is the First Home Owner Grant?

The First Home Owner Grant is a $10,000 payment to help eligible first home buyers buy or build a new home in Victoria to live in. It applies to newly constructed or never-occupied properties valued up to $750,000. It supports first home buyers entering the property market. 

As a first home buyer you may also be eligible for a land transfer (stamp) duty exemption or concession.

Last modified: 10 October 2025

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