The First Home Owner Grant (FHOG) is a $10,000 cash payment from the Victorian Government for eligible first home buyers who purchase or build a new home valued at $750,000 or less. It applies to new builds only — not established properties. It’s paid at settlement and can contribute toward your deposit or upfront costs. Paddy confirms your eligibility and helps you apply as part of your loan process. Note: scheme details can change — confirm current eligibility with Paddy.