Planning to Live Northside? Check What Support You Could Be Eligible For.

Buying a home in Melbourne’s inner north may be closer than you think. A range of Australian and Victorian Government initiatives could help eligible buyers reduce upfront costs, making it easier to get into a new home in a neighbourhood they love.

From low deposit options to grants and stamp duty savings, government support is opening more doors for people ready to put down roots in the neighbourhoods they love. Official government eligibility checkers also make it easy to understand the criteria for each initiative, so you can see what support may be available to you.

What Support May Be Available?

You may already be familiar with some first home buyer grants and schemes. But depending on your circumstances, the below eligible initiatives may be used together to help reduce your upfront costs and make buying your first home more achievable.

• The Australian Government 5% Deposit Scheme (formally the Home Guarantee Scheme) to purchase with as little as a 5% deposit and no Lenders Mortgage Insurance – Check eligibility HERE

• The Help to Buy Scheme offering shared equity to reduce your loan and repayments - Check eligibility HERE

• The First Home Owner Grant when buying a new home – Check eligibility HERE

• Stamp duty concessions or exemptions - Check eligibility HERE

• The First Home Super Saver Scheme to use eligible super contributions towards your deposit – Check eligibility HERE

Eligibility criteria, price caps and availability apply, and places in some schemes are limited.

See an example of how eligible support pathways could work together.

Take the Next Step at The Avenue

If you are exploring what is achievable, now is the time to check your eligibility and see what homes are now selling at The Avenue – Coburg.

Thoughtfully designed and set within a vibrant, walkable neighbourhood just moments from Sydney Road, The Avenue offers a connected way to live northside, close to culture, green spaces and everyday convenience.

Checking your eligibility with a lender is a great first step. If you need support or guidance along the way, our team can help point you in the right direction and talk through options at The Avenue.

Book an appointment with our sales team to start your journey.

Buyers should obtain independent professional advice or more information in relation to Government concessions and grants (including eligibility requirements) or any other stamp duty matters before making any purchasing decision.