Discover Government support options available to fast-track home ownership
Discover the Government support pathways that could make home ownership more achievable, from low deposit schemes to grants that may help reduce upfront costs.
Understanding what support may be available can feel overwhelming at first, especially when each scheme has different rules and eligibility criteria. Our buyers guide breaks down the key options in a simple, practical way so you can better understand what may apply to you and where to start.
At Olearia, we’re here to help make the process clearer. Whether you’re considering a land lot or a compliant house-and-land package, our team can help point you in the right direction.
Australian Government 5% Deposit Scheme
The Australian Government 5% Deposit Scheme may help eligible buyers purchase sooner with a lower deposit and without paying Lenders Mortgage Insurance, helping reduce upfront costs.
Australian Government Help to Buy
The Australian Government Help to Buy Scheme may allow eligible buyers to purchase with a minimum 2% deposit, with the Australian Government contributing up to 30% for an existing home or up to 40% for a newly built home through a shared equity arrangement.
Victorian First Home Owner Grant
The Victorian First Home Owner Grant is a $10,000 grant for eligible first home buyers purchasing or building a new home in Victoria, subject to the current eligibility rules and value cap.
Victorian stamp duty support
Eligible first home buyers in Victoria may receive a full land transfer duty exemption for homes up to $600,000 or a concession for homes from $600,001 to $750,000.
Together, these supports may help reduce upfront costs and make home ownership feel more achievable. Eligibility, price caps and scheme settings can change, so the best next step is to review the guide, then speak with a lender, broker or conveyancer to understand what may suit your circumstances.
Contact Us
At every stage, the Olearia sales team is here to help explain available homes and packages, guide you through the process and help you take the next step with more confidence.
Contact George Demetrios on 0413 776 303 or george@stockdaleleggo.com.au
