What's available to you in Victoria
$10,000 Grant
For new homes up to $750k
Zero Stamp Duty
Complete exemption up to $600k
New & Existing
Stamp duty relief for all property types
Property type: Eligible buyers can receive stamp duty relief on new or existing homes.
Federal scheme options in VIC
Nationwide| Scheme | Deposit | Who it suits | Key benefit |
|---|---|---|---|
| 5% Deposit Scheme (General stream) | 5% | First home buyers (or not owned in 10 years) | Avoid LMI via government guarantee |
| 5% Deposit Scheme (Single Parent stream) | 2% | Single parents/guardians with a dependent | No LMI; not restricted to first home |
| Help to Buy (shared equity). Try the calculator | 2%+ | Low‑to‑middle income buyers | Government equity lowers loan size and repayments |
| First Home Super Saver (FHSS) | N/A | Savers building a deposit | Tax‑advantaged savings via super |
Help to Buy is live in Victoria. Check current income/price caps and availability with Housing Australia or your broker. Reviewed July 2026.
VIC 5% Deposit Scheme Property Price Caps
Regional centres include Geelong. Reviewed July 2026.
See what this could mean in dollars: my free cost to complete calculator estimates VIC stamp duty, first home buyer concessions and the total cash you may need to complete a purchase at your price point.
Victoria programs
First Home Owner Grant (new homes)
- Grant: $10,000 for new homes.
- Property cap: Up to $750,000 value.
- Includes: New builds and off-the-plan purchases.
- Residency: Must occupy as principal place of residence.
Stamp duty relief
- Full exemption: Up to $600,000 for new and existing homes.
- Tapered concession: From $600,001 to $750,000.
- Coverage: Both new and established properties qualify.
- Off-the-plan: Temporary concession for eligible apartments and townhouses, for contracts entered into before 21 April 2027.
Victoria stamp duty savings examples
Stamp duty relief applies to both new and existing homes, giving you flexibility in property choice.
Combining support
Save for the deposit
Use First Home Super Saver for tax-efficient savings. Target 5% for HGS or 2% if you're a single parent.
Check guarantee eligibility
Eligible buyers can apply for the Australian Government 5% Deposit Scheme through a participating lender. Lender assessment still applies.
Claim Victorian benefits
Check whether a new home qualifies for the $10k grant and whether your purchase qualifies for stamp duty relief.
Check the eligibility and application requirements for each program before relying on it.
Important things to know
You need to live there
Must be your main home for at least 12 months. Keep records to prove residency.
True first-timer only
Neither you nor your partner can have had a first home grant or duty concession before, owned a home in Australia before 1 July 2000, or owned and lived in a home for six months or more since then. Owning a property you never lived in doesn't rule you out on its own.
Property price caps
$10k grant only for new homes up to $750k. Stamp duty relief caps at $750k for both new and existing.
Contract timing matters
Eligibility is determined when you sign the contract, not when you settle. Get advice first.
Help to Buy is live
The Australian Government's shared equity scheme is open in Victoria. See what it could mean for your numbers.
Check your Victorian eligibility
I'll help check which Victorian programs may apply and estimate your duty and buying costs.
Still working it out? See how the process works, step by step, or start with the First Home Buyer Guide.
Stamp duty at each price
Duty for investors, home buyers and first home buyers at 27 prices, with the rate tables and worked examples: Victoria stamp duty figures.
Official sources
- First Home Owner Grant, State Revenue Office Victoria
- First home buyer duty exemption or concession, State Revenue Office Victoria
- Strata apartments and townhouses temporary concession, State Revenue Office Victoria
Main figures on this page were checked against these sources on 18 October 2026.