VIC first home buyers
First home buyer guide: Victoria
Grants, stamp duty savings and eligibility for first home buyers in Victoria, checked against official government sources on 13 October 2026.
First home owner grant: $10,000
First Home Owner Grant for new homes worth up to $750,000 that will be your principal place of residence. Not available for established homes.
Stamp duty savings
- Any home or vacant land: no land transfer duty up to $600,000.
- From $600,001 to $750,000: a reduced rate of duty applies on a sliding scale.
The State Revenue Office calculates the reduced duty with its own calculator — confirm the exact amount there.
Who is eligible?
- Buy as an individual aged 18 or over who is an Australian citizen or permanent resident, at market value.
- You can't have owned residential property before 1 July 2000, or lived in a home you owned for 6 months or more since then.
- Move in within 12 months of settlement and live there for at least 12 months.
This is a summary. Full rules and exceptions are on the official pages linked above.
Other help
- Australian Government 5% Deposit Scheme — A federal scheme for first home buyers with a deposit from 5% (2% for eligible single parents). Run by Housing Australia, not the state.
Fixed-fee conveyancing for your first home
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Estimate your VIC stamp duty
Estimated VIC land transfer duty (general rate, before your first home concession)
$40,070.00
A reduced first home rate applies to this price, so you'll pay less than this. The State Revenue Office calculates the reduced duty with its own calculator — confirm the exact amount there.
About 5.34% of the price
Estimate only, using the State Revenue Office Victoria's published rates and first home thresholds (checked 13 October 2026). It does not apply other concessions, foreign purchaser duty or surcharges. Confirm with the State Revenue Office Victoria before signing.
Other states: Queensland · New South Wales
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