From the inner suburbs to the growth corridors, Melbourne's property market has its own rhythms. I work with Melbourne buyers by phone and video, and I know which lenders move fastest when you need to act.
Reviewed by Jonathan Al Aaraj · October 2026
| First Home Owner Grant | $10,000 for an eligible new home anywhere in Victoria (not just regional areas), subject to a $750,000 price cap |
| Stamp duty relief | Full exemption up to $600,000, concessional rate between $600,000 and $750,000 |
| Federal First Home Guarantee | 5% deposit, no LMI, with its own price cap for Melbourne. The separate Regional First Home Buyer Guarantee closed on 1 October 2025 and merged into this scheme, which now has no income cap or place limit. |
Source: sro.vic.gov.au and firsthomebuyers.gov.au · Last checked: October 2026.
Melbourne has one of Australia's highest auction clearance rates. Walking in without pre-approval is a real risk, I turn these around quickly so you're ready when the right property comes up.
Melbourne's north, west and south-east growth corridors see a lot of land-and-house packages and new townhouse developments, which need progress-payment-friendly lenders, not the same panel you'd use for an established inner-city purchase.
Some lenders restrict inner-city apartments under 50sqm, or buildings with a high concentration of investors. I know which lenders are flexible on Melbourne apartments before anything gets submitted.
Victoria charges motor vehicle duty based on the vehicle's value and type, with a lower rate for zero and low-emission vehicles. [TODO: confirm the current VIC motor vehicle duty rates and EV concession with the State Revenue Office before quoting a figure.] If you're cross-shopping an EV, that lower rate can shift the maths more than people expect.
Melbourne's economy centres on finance, manufacturing and education in the CBD and inner suburbs, with logistics and manufacturing strong through the western and northern industrial corridors. The lender that suits a CBD consultancy rarely suits a Laverton logistics operator, matching that is most of the value I add.
I work with clients across all of Greater Melbourne, including:
A free 15-minute call. I'll sort your pre-approval, check your first home buyer benefits, and compare rates across 40+ lenders.