Tuesday, November 24, 2009

First Home Owner Grant #2: How much is it?

The First Home Owner Grant (FHOG) in Victoria is actually made of several grants including:
  1. Original FHOG;
  2. New First Home Owner Boost
  3. First Home Bonus
  4. First Home Owner Regional Bonus

Total FHOG Payments:

From 1 January 2010 to 30 June 2010:

Established homes in Metro Victoria - total $9,000
Newly constructed homes in Metropolitan Victoria only - total $18,000
Newly constructed homes in Regional Victoria only -total $22,500

From 1 October 2009 to 31 December 2009:

Established homes in Metropolitan Victoria - total $12,500
Newly constructed homes in Metropolitan Victoria only - total $25,000
Newly constructed homes in Regional Victoria only - total $29,500

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