What is the First Home Owners Grant (FHOG)?

The First Home Owners Grant (FHOG) is a one-off grant paid to first home buyers looking to buy or build a new home – provided you meet all the eligibility criteria.

In Victoria, the grant is funded and administered by the State Revenue Office (SRO) – Victoria.

How much is the First Home Owners Grant in Victoria?

The FHOG amount is $20,000 for first home buyers looking to buy in regional Victoria (all the areas of the state of Victoria outside of Melbourne).

For those buying a home in Melbourne the grant is $10,000.

Do I qualify for the FHOG in Victoria?

Our First Home Owners Grant (FHOG) calculator is designed to work out which government benefits such as grants and stamp duty exemptions that you may be eligible for.

Please note that we’ve assumed that you’ve met standard first home buyer criteria.

Are you ready to apply for the FHOG?

We’ve helped thousands of first home buyers apply for the FHOG and buy their first home.

Whether you’re buying new or building, talk to one of our specialist mortgage brokers by giving us a call on 1300 889 743 or by filling in our online assessment form to find out if you qualify for a home loan.


What is the eligibility criteria for the FHOG in VIC?

To be eligible for the First Home Owners Grant in Victoria, you or your spouse/partner:

  • Must never have received the FHOG anywhere in Australia
  • Must not have owned a home or other residential property in Australia either jointly or separately prior to 1 July 2000
  • Must not have lived in a home in Australia which either of you owned or part-owned on or after 1 July 2000, for a continuous period of at least six months.

These criteria apply even if your spouse/partner is not an applicant with you for the FHOG.

Interestingly, you may still be eligible for the FHOG if you or your spouse/partner bought a property but have not lived there as your home. For example, if James bought his first property in 2010 and always rented it out. As he never lived there himself, this house is not considered to be his first residential home and he may be eligible for the FHOG in Victoria.

Additionally:

  • All FHOG applicants must be at least 18 years old at settlement or completion of construction
  • You (or at least one applicant) must be an Australian citizen or permanent resident
  • You (or at least one applicant) must occupy the home as your PPR for at least 12 months, commencing within 12 months of settlement or completion of construction. Defense personnel are exempt from this residency requirement
  • Must be a ‘natural’ person (in other words, not a company or a trust)

What properties are eligible for the FHOG in Victoria (VIC)?

Most properties such as a house, townhouse, apartment, unit or similar are eligible for the first home buyers grant in Victoria.

However, the home you’re buying must be:

  • valued at $750,000 or less (that is, the contract price of the construction)
  • less than five years old
  • the first sale of the property as a residential property

Established properties are no longer eligible for the grant. However, you may be eligible for stamp duty exemption or discounts in Victoria provided you meet all other eligibility criteria.

Can a couple both get first home buyers grants?

Unfortunately, no.

Even if you and your partner are both eligible only one one person will be granted the first home buyers grant.


How to apply for the First Home Owners Grant (FHOG)

In almost all cases, the bank or lender that you’re getting the home loan from will lodge the First Home Owners Grant (FHOG) application on your behalf. Lenders act as an approved agent on behalf of the state government and will process the payment of your grant with your loan funds.

Make sure that your bank/lender is lodging the FHOG application on your behalf.

If you require the grant for settlement or first draw down/progress payment, you must lodge your application with an approved agent.

You can only lodge your application directly with the State Revenue Office (SRO) Victoria if an approved agent is not lodging the FHOG application form on your behalf.

We recommend that you apply through a solicitor/conveyancer in such cases. When doing so, you or your solicitor must send them the original application form, which needs to be downloaded, printed and completed in blue or black ink, together with copies of your supporting documents. Applications cannot be lodged with the SRO until after the completion of the eligible transaction.

Please refer to our full guide on lodging your First Home Owners Grant (FHOG) for more information.


FAQs: FHOG Victoria

When does the first home owners grant get paid in VIC?

In Victoria, the date that the grant is paid depends on whether you’re building or buying new and whether you’re applying through an approved agent (your finance provider) or yourself.

When is the FHOG grant paid? Through an approved agent (your finance provider)
Off-the-plan purchases The grant will be paid on the date of settlement.
Contract to build The grant will be paid at the date of the first progress payment.
Owner builder The grant will be paid on receipt of the Certificate of Occupancy.
Terms contract Applications for purchases under a terms contract must be made directly to the SRO.

Payment will be made within 14 days of lodging your application.

If you’re lodging your FHOG application directly with the State Revenue Office, then applications are only considered after settlement or after the Certificate of Occupancy has been issued.

Can you use the FHOG as a deposit?

Yes, you can use the First Home Owners Grant (FHOG) as a deposit. However, it isn’t normally enough on its own.

Generally, you’ll need 5% to 10% of the purchase price, including the FHOG.

Also, if you’re building a home then your grant isn’t available until construction commences.

However, you don’t need any savings whatsoever, if you have a guarantor.

Not sure where to begin? Start with our first home buyers guide.

Can New Zealand citizens get the First Home Owners Grant (FHOG)?

Yes, New Zealand citizens also qualify for the First Home Owners Grant (FHOG).

This is because the Australian government’s First Home Owners Grant (FHOG) and other benefits are available to permanent residents, as if they are citizens of Australia.

Since the Australian Department of Immigration automatically grants New Zealanders living in Australia a Special Category Visa (SCV) and because New Zealand citizens are considered – for all intents and purposes – to be permanent residents of Australia, they are eligible for the grant.

To be eligible as a NZ citizen in Victoria, you must be living in Australia when the eligible transaction is completed.

However in most circumstances, the grant is not available for an NZ permanent resident, unless you have a spouse or partner who is an Australian citizen.

Can I use the FHOG along with the $25,000 HomeBuilder Grant?

Yes, you can apply for both the FHOG and the $25,000 HomeBuilder Grant provided you meet the eligibility criteria for both grants.

The HomeBuilder grant has a few additional criteria you must meet which will render some potential applicants ineligible. Moreover, it also requires that you must enter into a contract before 31 December 2020.

Please go through full criteria listed on your HomeBuilder Grant webpage.


Are you ready to apply for the FHOG?

We’ve helped thousands of first home buyers apply for the FHOG and buy their first home.

Whether you’re buying new or building, talk to one of our specialist mortgage brokers by giving us a call on 1300 889 743 or by filling in our online assessment form to find out if you qualify for a home loan.

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