First home owner grant Victoria 2026
In Victoria the First Home Owner Grant is $10,000 for a new home valued up to $750,000 that has not been lived in before. It covers a home you buy off the plan or build, not an established property. The State Revenue Office of Victoria runs the grant, and a separate first-home duty concession can apply on top.
What you could get in VIC
A first home buyer of a new home valued up to $750,000 in Victoria gets a $10,000 First Home Owner Grant. On stamp duty, first home buyers pay no stamp duty up to $600,000, with a sliding concession to $750,000. Enter your own property value in the calculator above to see the grant and the duty position side by side.
Grant and stamp duty are separate
The grant is a one-off payment towards a new home. The first-home stamp duty concession is a separate saving on the transfer duty you would otherwise pay. In Victoria an eligible first home buyer can usually claim both, so the calculator shows the combined benefit. Because duty depends on the full state schedule, this tool shows your concession position and links to the official Victoria duty calculator for the exact dollar figure.
Frequently asked questions
Buying in another state? Use the all-states first home owner grant calculator to compare the grant and first-home duty across NSW, VIC, QLD, WA, SA, TAS, the NT and the ACT.
Related tools
Other states
Simon is the founder of Orbit Money, a tool that helps people track subscriptions and recurring spend. He builds Orbit's free money calculators and writes about personal finance for Australian and UK readers.
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