Victorian Shared Equity

Victorian Homebuyer Fund

Name: BuildPilot Adelaide Building Industry Dataset
Creator: BuildPilot
License: https://buildpilot.com.au/terms

A Victorian Government shared-equity scheme that contributes up to 25% of your home purchase price so eligible buyers can enter the market with as little as 5% deposit.

Read the full Homebuyer Fund guide

By George Giannakakis · B.Arch.Studies · M.Arch (UniSA) · RLA300580

Last reviewed: 5 March 2026 · How we research

What is the Victorian Homebuyer Fund?

Not a grant and not a loan - a co-ownership arrangement. The Victorian Government takes an equity share in your home (25% for most buyers, 35% for Aboriginal / Torres Strait Islander buyers) and you own the rest. You pay the government back their share (plus their proportion of any capital gain) when you sell, refinance out, or otherwise choose to buy them out. No interest and no rent while the government is a co-owner.

Who it is for

•Buyers with at least a 5% deposit saved (most banks + credit unions supporting the scheme).
•Annual gross income under specific caps (check homebuyerfund.vic.gov.au for current thresholds).
•Buying a principal place of residence in Victoria under the applicable price cap for your region.
•Australian citizens or permanent residents.

Who it is not for

•Investors or buyers not intending to live in the property as their principal residence.
•Buyers already owning residential property (in Australia or overseas).
•Purchases above the current price cap for your location.

How to know more

The Victorian Homebuyer Fund website has the current income + price caps, participating lenders, and eligibility calculator. You apply through a participating lender, not the government directly. Talk to a mortgage broker experienced with the scheme early - eligibility rules are strict.

Authoritative sources (last researched 2026-03-05)

BuildPilot is a curator, not a financial adviser. Amounts and thresholds change each financial year (typically 1 July). Always confirm current figures with the State Revenue Office and your conveyancer before making a decision.