Regional areas

Doubling the First Home Owner Grant in regional areas

$50 million

over four years - new initiative since 2016-17 Budget Update

We want to make it easier for young people in regional Victoria to buy and live in their community. It’s why the Government will double the First Home Owner Grant for new homes to $20,000, commencing 1 July 2017 (and applying for a 3 year period).

This will help these first home buyers save more for their deposit and give them more to put towards their purchase of a new home in regional Victoria.

It’s good for those trying to buy in their community or moving to regional Victoria, and it’s good for jobs too.

Incentivising first home buyers to build in the regions will mean more jobs for regional Victoria.

At the same time, we want to make sure people in regional Victoria have the same opportunities as everywhere else.

We’re boosting V/Line and regional buses, upgrading local roads and building more schools and hospitals.

This will be administered by the State Revenue Office.

Fact sheet - Double the First Home Owner Grant for regional Victoria Fact sheet - Double the First Home Owner Grant for regional VictoriaDOC (1.48 MB)

Regional councils where first home buyers will qualify for the $20,000 FHOG

  • Alpine Shire Council
  • Ararat Rural City Council
  • Ballarat City Council
  • Bass Coast Shire Council
  • Baw Baw Shire Council
  • Benalla Rural City Council
  • Buloke Shire Council
  • Campaspe Shire Council
  • Central Goldfields Shire Council
  • Colac Otway Shire Council
  • Corangamite Shire Council
  • East Gippsland Shire Council
  • Gannawarra Shire Council
  • Glenelg Shire Council
  • Golden Plains Shire Council
  • Greater Bendigo City Council
  • Greater Geelong City Council
  • Greater Shepparton City Council
  • Hepburn Shire Council
  • Hindmarsh Shire Council
  • Horsham Rural City Council
  • Indigo Shire Council
  • Latrobe City Council
  • Loddon Shire Council
  • Macedon Ranges Shire Council
  • Mansfield Shire Council
  • Mildura Rural City Council
  • Mitchell Shire Council
  • Moira Shire Council
  • Moorabool Shire Council
  • Mount Alexander Shire Council
  • Moyne Shire Council
  • Murrindindi Shire Council
  • Northern Grampians Shire Council
  • Pyrenees Shire Council
  • Borough of Queenscliffe
  • South Gippsland Shire Council
  • Southern Grampians Shire Council
  • Strathbogie Shire Council
  • Surf Coast Shire Council
  • Swan Hill Rural City Council
  • Towong Shire Council
  • Wangaratta Rural City Council
  • Warrnambool City Council
  • Wellington Shire Council
  • West Wimmera Shire Council
  • Wodonga City Council
  • Yarriambiack Shire Council

First home buyers - regional Victoria

Brad and Ying are looking at buying a new home in Ballarat as their first home purchase. The home is worth $400,000. Previously the couple would have paid $8,185 in stamp duty. However, under the new arrangements, they will no longer pay stamp duty at all.

Additionally, as a result of the doubling of the First Home Owner Grant they will receive $20,000 to help pay off their home.