FIRST HOME BUYERS GRANT
|
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# |
$0 |
$0 |
$0 |
$7,000 |
|
Newly constructed homes in Metropolitan Victoria only |
$7,000# |
$0 |
$13,000* |
$0 |
$20,000 |
|
Newly constructed homes in Regional Victoria only |
$7,000# |
$0 |
$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 | |||||
