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Incredible Government First Home Buyers Grant Victoria References

Incredible Government First Home Buyers Grant Victoria References

Government First Home Buyers Grant Victoria. And as property values rise or change, so will the state’s share or interest in. A $10,000 first home owner grant (fhog) is available when you buy or build your first new home.

PPT First Home Owners Grant Assistance Guide Help with FHBA
PPT First Home Owners Grant Assistance Guide Help with FHBA from www.slideserve.com

If you meet all the eligibility criteria. First home buyers will then be able to take out a loan that is worth 70% of the value of the home (thanks to their 5% deposit and the government’s 25%. Let’s say matt buys his first home for $580,000.

PPT First Home Owners Grant Assistance Guide Help with FHBA

The $20,000 regional first home owner grant ended on 30 june 2021. This means the victorian government will still provide a $20,000 grant to those first home buyers purchasing or building new properties in regional victoria up to the value of $750,000. This means a grand total of $20,000. The home must be valued at $750,000 or less, the sale must be the first of the property as residential premises and the home must be less than five years old.