First Home Owners Grant Doubled

Big News for First Home Owners

2 March 2017

Article heading image for  First Home Owners Grant Doubled

The State Government has doubled the first home owners grant for young regional Victorians looking to get into the market.


Currently people purchasing a new home or land and home package, valued up to $750 thousand receives $10 thousand from the State  as of July 1  that will increase to $20 thousand dollars.


It's expected this will help address housing affordability for the younger generation in regional towns and cities -- and promote decentralisation by attracting homebuyers out of Melbourne and surrounds

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