First Home Buyer

The state government will double the first home owners grant for regional Victoria in a bid to draw more young buyers into the regions and counter the capital’s housing affordability crisis. First home buyers building new homes in regional Victoria will be entitled to $20,000 as of July 1 this year, up from $10,000 for new homes valued up to $750,000. Treasurer Tim Pallas said he expected the new grant would increase buyer interest in regional cities like Ballarat and […]