Victoria First Home Owner Grant
The First Home Owner Grant (FHOG) is a cash grant designed to help people who have never owned property buy their first home. Every state and territory offers their own version of the First Home Owner Grant.
People’s Choice is an Approved Agent for the First Home Owner Grant in Victoria, which gives eligible first home buyers a grant of up to $10,000.
You may be eligible for this if you are buying a new home that has not been previously sold as a place of residence, occupied as a home, or leased out or used for short-term accommodation.
There are a number of additional criteria including the value of the property, which can be found on Victoria’s State Revenue Office website.
If you’re interested in applying for this grant, please use our enquiry form and our friendly team will be in touch to discuss your options.
National schemes
Australian Government 5% Deposit Scheme
If you're a first home buyer or you haven't owned a property in Australia in the last ten years, we could help you into your own home sooner.
First home buyer guide: grants, schemes and incentives
If you’re a first home buyer, People’s Choice can help with a range of Government schemes and grants.
A step-by-step example of what to expect
Step 1
Reach out to a People’s Choice Home Loan Adviser to enquire about any grants or schemes you may be eligible for and where you can find more information about what’s available.Step 2
Your Home Loan Adviser will determine your eligibility for the various schemes or grants available and advise what you will need to provide to confirm eligibility.Step 3
If you are eligible, your Home Loan Adviser will reserve your place for the scheme and/or grant and issue your pre-approval (provided application and lending criteria are met). They will also provide you with timing requirements, specific dates, and depending on the grant or scheme, type of property you can purchase.Step 4
House hunting! Before you enter into a home loan agreement, you should consider talking with your People’s Choice Home Loan Adviser about the potential implications of changing interest rates or house prices on your individual circumstances that might have changed since gaining pre-approval.Step 5
Once you’ve found your property, your Home Loan Adviser will obtain formal approval and finalise any paperwork and checks for your home loan which includes the schemes and grants you are eligible for.Step 6
Settlement, congratulations! You are now a homeowner! Your Home Loan Adviser will provide you with additional information you may need to know now your home loan has settled.