$10,000
First Home Owner Grant
Victoria’s First Home Owner Grant offers $10,000 towards a brand-new home valued up to $750,000. It applies to newly built homes — exactly what Prime Nest Homes delivers.
First home buyers
First Home Buyer Grant guide
Buying your first home is a big step. Government grants and savings for new homes can bring it much closer — here’s how they work and how Prime Nest Homes can help.
Support available in Victoria
Help to get into your first home sooner
Up to 100%
Stamp duty savings
Eligible first home buyers may pay no stamp duty on properties valued up to $600,000, with a reduced rate between $600,000 and $750,000. On house-and-land, duty is generally paid on the land only.
From 5%
Low-deposit options
The Australian Government’s 5% Deposit Scheme may let eligible first home buyers purchase with as little as a 5% deposit and no Lenders Mortgage Insurance.
Why build new with us
Make your grant go further
Built new, built for the grant
The First Home Owner Grant is designed for new homes. Our house-and-land packages and build-on-your-land options are made to fit.
Savings on stamp duty
With house-and-land, stamp duty is typically calculated on the land value rather than the full package price — a meaningful saving.
Brand-new and low-maintenance
Modern design, new fixtures and builder warranties mean fewer surprise costs in your first years of ownership.
Guided from day one
Our team walks you through packages, budgets and the build so your first home feels clear and achievable.
Your path to ownership
Five steps to your first home
01
Check your eligibility
Confirm you meet the grant criteria with the State Revenue Office Victoria or your lender.
02
Get pre-approval
Speak with a broker or lender to understand your budget and deposit options.
03
Choose your home
Explore our house-and-land packages or talk to us about building on your land.
04
Apply for the grant
Your lender typically lodges the grant application on your behalf.
05
Build and move in
We build your new home and hand you the keys.
*Information is a general guide only and current schemes, amounts and eligibility criteria can change. It is not financial or legal advice. Please confirm your eligibility with the State Revenue Office Victoria, Housing Australia and your lender or financial adviser.
Start a conversation
Ready to buy your first home?
Talk to Prime Nest Homes about first-home-friendly house-and-land packages and how to make the most of the support available.