first home owners grant
Aldgate Lawyers is especially attentive to the needs of first home buyers. Our team of lawyers and conveyancing executives understand that being a first home buyer is exciting as well as being somewhat overwhelming; that is why we are always here to answer every question you may have and discuss the process in detail with you so you understand exactly what is happening with your purchase.First home buyers are entitled to a suite of government concessions and Aldgate Lawyers will assist you with all the forms and requirements at no extra charge – it is all included in our low-fixed fee. Please refer to the chart below to see how much you might be eligible for.
Even if you are still looking for the right property, please feel free to contact us to ask any questions you might have about being a first home buyer, including asking us to review a contract or Vendor Statement for you – for your peace of mind, we do not charge for those services.
Contract Date |
Conditions |
First Home Owner Grant (FHOG) |
New First Home Owner Boost |
First Home Bonus |
First Home Owner |
Total |
From 1 January 2010 to 30 June 2010 |
Established homes only |
$7,000 |
$0.00 |
$2,000‡ |
$0.00 |
$9,000 |
Newly constructed homes in Metropolitan Victoria only |
$7,000 |
$0.00 |
$11,000‡ |
$0.00 |
$18,000 |
|
Newly constructed homes in Regional Victoria only |
$7,000 |
$0.00 |
$11,000‡ |
$4,500‡ |
$22,500 |
|
From 1 October 2009 to 31 December 2009 |
Established homes only |
$7,000 |
$3,500 |
$2,000‡ |
$0.00 |
$12,500 |
Newly constructed homes in Metropolitan Victoria only |
$7,000 |
$7,000 |
$11,000‡ |
$0.00 |
$25,000 |
|
Newly constructed homes in Regional Victoria only |
$7,000 |
$7,000 |
$11,000‡ |
$4,500‡ |
$29,500 |
|
From 1 July 2009 to 30 September 2009 |
Established homes only |
$7,000 |
$7,000 |
$2,000‡ |
$0.00 |
$16,000 |
Newly constructed homes in Metropolitan Victoria only |
$7,000 |
$14,000 |
$11,000‡ |
$0.00 |
$32,000 |
|
Newly constructed homes in Regional Victoria only |
$7,000 |
$14,000 |
$11,000‡ |
$4,500‡ |
$36,500 |
|
From 14 October 2008 to 30 June 2009 |
Established homes only |
$7,000 |
$7,000 |
$3,000# |
$0.00 |
$17,000 |
Newly constructed homes in Metropolitan Victoria only |
$7,000 |
$14,000 |
$5,000# |
$0.00 |
$26,000 |
|
Newly constructed homes in Regional Victoria only |
$7,000 |
$14,000 |
$5,000# |
$3,000# |
$29,000 |
|
From 6 May 2008 to 13 October 2008 |
Established homes only |
$7,000 |
$0.00 |
$3,000# |
$0.00 |
$10,000 |
New homes in Metropolitan Victoria only |
$7,000 |
$0.00 |
$5,000# |
$0.00 |
$12,000 |
|
New homes in Regional Victoria only |
$7,000 |
$0.00 |
$5,000# |
$3,000# |
$15,000 |
|
From 1 January 2007 |
Established homes only |
$7,000 |
$0.00 |
$3,000# |
$0.00 |
$10,000 |
New homes only |
$7,000 |
$0.00 |
$5,000# |
$0.00 |
$12,000 |
|
From 1 January 2006 to 31 December 2006 |
Established and New homes |
$7,000 |
$0.00 |
$3,000# |
$0.00 |
$10,000 |
From 1 May 2004 to 31 December 2005 |
Established and New homes |
$7,000 |
$0.00 |
$5,000# |
$0.00 |
$12,000 |
Additional Conditions for Bonus and Regional Bonus:
# For contracts entered into up to 30 June 2009, the value of the property must not exceed $500,000.
‡ For contracts entered into between 1 July 2009 to 30 June 2010, the value of the property must not exceed $600,000.
The information provided in the above table is to be used as a guide only.
Table from http://www.sro.vic.gov.au/sro/SROWebSite.nsf/rebates_fhog_overview.htm#overviewtable
1300 557 667 | |
richmond: | 03 9095 8655 |
bentleigh: | 03 9095 8755 |
geelong: | 03 5249 5588 |
hampton park: | 03 9095 8055 |