Victoria launches shared equity scheme for homebuyers
Victorians who don’t own property could be eligible for a 25 per cent contribution to the purchase price of a home, under a $500 million initiative unveiled by the state government.
Homebuyers across Melbourne and most of regional Victoria are eligible to participate in the scheme. Photo: Shutterstock (Image source: Shutterstock.com)
Victorians who don’t own property could be eligible for a 25 per cent contribution to the purchase price of a home, under a $500 million initiative unveiled by the state government.
Treasurer Tim Pallas today launched the Victorian Homebuyer Fund, a shared equity arrangement designed to make it easier for people to buy a home.
Participants in the scheme only require a deposit of 5 per cent, with the state government to provide up to 25 per cent…
