VIC Guide · FY 25/26
Victoria First Home Buyer Benefits
Track the Victorian duty exemptions, tapered concessions, and new-home grants with a clear, conversion-ready layout.
Max Stamp Duty Exemption
$600k
Full relief for eligible first home buyers.
Max FHOG Amount
$10,000
Available for new homes and builds.
Price Caps
Up to $750k
Duty concession and FHOG apply up to $750k.
Detailed rules
Established homes
- Full stamp duty exemption up to $600,000.
- Tapered concession applies between $600,000 and $750,000.
- No FHOG is paid on established homes.
New builds & off-the-plan
- $10,000 FHOG for eligible new homes up to $750,000.
- Duty concessions mirror the $600k–$750k taper band.
- Vacant land builds qualify when the build contract is included.
Real-World Scenarios
Scenario A — The Geelong Townhouse
Mark and Chloe are buying a new townhouse in Geelong for $550,000.
- FHOG: $10,000 for an eligible new home.
- Stamp duty: $0 (full exemption under $600k).
- Deposit: $27,500 (5% with the federal guarantee).
Scenario B — The Metro Upgrade
A first home buyer buys an established home in Melbourne for $700k.
- FHOG: $0 (established homes are not eligible).
- Stamp duty: concessional (partial relief in the $600k–$750k band).
- Total impact: duty savings without a cash grant.
See your VIC results instantly
Open the calculator to confirm the exact duty reduction and FHOG outcome.
Open Calculator