Victorian Property Fund

The Victorian Property Fund

$100 million

over four years - initiative includes supplementary funding since 2016-17 Budget Update

The Victorian Property Fund (VPF) is a trust fund administered by Consumer Affairs Victoria, with money coming from the interest paid on estate agents’ and conveyancers’ trust accounts.

The VPF provides grants to support a range of related programs, including housing assistance for vulnerable Victorians. Up to $100 million in new grants will be provided over the next four years.

Recent grants have included:

  • $5.5 million for 20 affordable units for women aged over 55, including women and children escaping family violence
  • $2.7 million for Common Equity Housing for acquisition of units at Harmony Village
  • $1.6 million for the Victorian Women’s Housing Association for affordable housing for women with low incomes in Coburg
  • $1.4 million to Housing Choices Australia for veterans' accommodation
  • $2.6 million to Kids Under Cover for prevention of youth homelessness.