Guide to the First Home Owners Grant in Melbourne

The First Home Owners Grant in Melbourne is a government initiative that supports eligible buyers purchasing their first home. It’s designed to make home ownership more achievable by offering financial assistance when buying or building a new residential property. This grant is available for properties that are brand new and have not been previously lived in.

To qualify, applicants must meet certain criteria, including being an Australian citizen or permanent resident, purchasing the property as an individual (not a company or trust), and living in the home as their main residence for a required period. The grant must be applied for through approved channels, such as your lender or the relevant government office.

Understanding the application process and eligibility rules is important to ensure you receive the support you’re entitled to. Whether you're building a house or buying a newly constructed apartment, the First Home Owners Grant can provide valuable assistance as you step into the property market for the first time in Melbourne. Read more