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What is the First Home Buyer Collection?

Villawood Properties has curated a collection of enticing house and land packages for First Home Buyers.

Price wise and offering all the features that Villawood is famous for – expansive open space with public artworks, high quality amenity and a genuine sense of community – these homes are the perfect first step into home ownership.

Villawood is working with Australia’s best volume builders to ensure the home you build is nothing short of the one of your dreams.

About First Home Buyer Incentives

Both the State and Federal Governments are both running initiatives aimed at helping First Home Buyers get into the property market.

The First Home Owners Grant is an initiative run through the State Government that first time homebuyers can apply for when buying or building a new home valued up to $750,000. First home buyers in Metropolitan Melbourne are eligible to a grant of $10,000 while those in regional Victoria (including Geelong and Bendigo) are eligible for up to $20,000.

In addition to the First Home Owners Grant, the Federal Government has announced its First Home Loan Deposit Scheme, which will allow eligible first home buyers to purchase a home with a deposit of as little as 5 per cent. The scheme will be available to first home buyers applying for owner-occupied loans on a principal and interest basis, who are on an income of up to $125,000 per annum for singles and up to $200,000 per annum combined for couples.

There is a price cap on eligible properties, which is calculated based on location. For Melbourne metro and regional centres across Victoria – i.e. Geelong – the price cap is $600,000.

The scheme commences 1 January 2020 and will support up to 10,000 loans each financial year.

For more on the First Home Owners Grant or the First Home Loan Deposit Scheme, click on the links.

About Aspire

Aspire, Fraser Rise, is a rare gem to the West of Melbourne. Already home to over 850 families the new development will be built around existing infrastructure and offers an established sense of community.

Just 30km from the CBD, Aspire II will consist of approximately 850 further lots, catering to families seeking balance, contentment and a healthy lifestyle – along with plenty of room to grow and larger than average lot sizes!

Like what you see?
Register To Access The First Home Buyer Collection.

See below some of the amazing land and house & land options that we put together in the First Home Buyer Collection.

Aspire’s First Home Buyer Collection

No house & land packages found

About Villawood

From modest beginnings in 1989 developing small subdivisions in Bendigo, today Villawood Properties predominately concentrates on large scale master planned communities which incorporate a combination of mixed-use town centres, residents’ clubs, educational facilities, large display villages and the creation of high quality parks and open spaces. We understand there is much more to creating a living, breathing community than simply constructing a housing allotment, and are committed to going that extra mile to deliver vibrant communities where residents form strong and lasting relationships.

Like what you see?
Register To Access The First Home Buyer Collection.

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