$10,000 State Revenue Office Victoria
First Home Owner Grant — Victoria
Victoria pays a flat $10,000 for a newly constructed or never-occupied property valued up to $750,000 — and the same $750,000 line also unlocks stamp duty savings.
| What | VIC |
|---|---|
| Grant | $10,000 |
| Paid by | State Revenue Office Victoria |
| Type of home | New / never occupied |
Worth knowing: Victoria is the simplest of the large states: one amount, one value cap, and it is the same in Melbourne and regional Victoria.
The detail that decides it
- It applies to newly constructed or never-occupied property — a home nobody has lived in.
- The property must be valued up to $750,000.
- The same $750,000 threshold also brings land transfer (stamp) duty savings, which are often worth more than the grant itself.
- It is paid for a home you will live in — not an investment property.
Frequently asked questions
How much is the first home owner grant in Victoria?
$10,000, for a newly constructed or never-occupied home valued up to $750,000.
Is the grant different in regional Victoria?
No. Victoria pays the same $10,000 regardless of where the property is, which makes it simpler than the states that ran regional boosts.
Is there more than the grant?
Usually, yes. The stamp duty savings for first home buyers apply to homes up to $750,000 as well, and on an $700,000 purchase the duty saving can be larger than the $10,000 grant. Do not value the grant without valuing the concession.
Can I buy an established home and still get the grant?
No — it has to be newly constructed or never occupied. Established homes may still attract duty concessions, but not the grant.
Compare the other states
The grant is a state payment, so the same house can attract a very different amount depending on the border you are on.
| State | Grant |
|---|---|
| New South Wales | $10,000 |
| Victoria | $10,000 |
| Queensland | $30,000 or $15,000 |
| Western Australia | $10,000 |
| South Australia | Up to $15,000 |
| Tasmania | $20,000 for 2026–27 |
| Australian Capital Territory | No grant since 1 July 2019 |
| Northern Territory | Multiple schemes |
Related
- Land tax calculator — the other state tax that follows a property purchase
- Rental bond calculator
- Take-home pay calculator
- Property depreciation calculator
From State Revenue Office Victoria, checked 12 October 2026. General information only — eligibility is assessed by the revenue office.