If you’re looking to make the exciting leap into home ownership, we’re here to help you make the most of it. You’ll have a dedicated Beachwood Sales Consultant and Customer Support Co-ordinator to guide you through the process, but here’s what you need to know to get started and feel confident in making decisions along your home buying journey.
Explore the links below to get started.
Transforming ideas and lines on a page into your dream home can be a complex process, especially if it’s your first time. There’s a lot to think about, so we’ve created an easy-to-follow guide for you to understand what will happen behind the scenes, and exactly what you’ll need to do and when – and of course, you’ll have a dedicated Beachwood Team to guide you every step of the way.
Visit our comprehensive building process and timeline page.
If you don’t already have your own mortgage broker, we can put you in touch with one of our trusted mortgage and finance partners. They can ask you all the right questions to understand your current financial situation and give you the advice you need to get the most suitable, affordable loan and apply for the First Home Owner Grant.
A mortgage and finance expert will work with you to
Use our savings and loan calculators to estimate how much you’ll need to save, and how much to set aside for weekly or monthly mortgage repayments.
The Victorian Government’s First Home Owner Grant is a financial incentive that can make your first home more affordable, and give you a quicker, easier way into the property market. You’ll find a basic overview below, but the process to apply for the grant is detailed, so if you want the best result, speak with a home finance professional first.
The grant provides up to $10,000 if the home you’re buying is within Melbourne’s metropolitan area, and up to $20,000 if you choose to buy in regional Victoria. Depending on your unique circumstances, you might also save money through stamp duty exemptions. For the most up-to-date information, visit the State Revenue Office Victoria website.
Generally, first home buyers purchasing a new home in Victoria up to the value of $750,000 can apply for the grant. Visit the State Revenue Office Victoria for detailed criteria and an easy-to-use online tool to check your eligibility.
It’s best to seek advice from a home finance professional before you lodge your application through an approved agent or directly at the State Revenue Office Victoria. We can put you in touch with one of our trusted finance partners, who will step you through the process and help you prepare your documentation ready for lodging.
The grant is usually provided in stages, and when it will be paid will depend on your unique circumstances: how you apply and through whom, and whether you’re building or buying a pre-existing (but still new) home and land package. More information is available on State Revenue Office Victoria’s online First Home Owner Grant lodgement guide.
The First Home Buyers range has everything you need in a first home:
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