“position”: “Can First Home Buyers Afford Blairgowrie?”, “url”: “https://upload.wikimedia.org/wikipedia/commons/9/98/Blairgowrie_Yacht_Squadron%2C_Blairgowrie%2C_Victoria_03.jpg", “alt”: “Can First Home Buyers Afford Blairgowrie?”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Grants & Concessions Available”, “url”: “https://upload.wikimedia.org/wikipedia/commons/9/98/Blairgowrie_Yacht_Squadron%2C_Blairgowrie%2C_Victoria_03.jpg", “alt”: “Grants & Concessions Available”, “credit”: “wikimedia_commons”, “score”: 70}] —## Can First Home Buyers Afford Blairgowrie?
Entry-level prices (2026):
- Cheapest houses: $357,922 - $405,645
- Entry-level units: $190,892 - $262,476
- Off-the-plan apartments: $167,030 - $238,615
A stretch for first-home buyers on houses, but units are achievable. Consider the newer developments for better value.
Grants & Concessions Available
First Home Owner Grant (FHOG)
- Amount: $10,000
- Eligible in Blairgowrie? YES – new homes under $750,000 qualify
- Applies to: New homes, off-the-plan apartments, house and land packages
Stamp Duty Concessions
- Full exemption: Properties under $600,000 (many units qualify)
- Partial concession: Properties $600,001-$750,000
- Your stamp duty on median: $26,247 (with concession: ${int(median * 0.02):,})
First Home Guarantee (Federal)
- Buy with as little as 5% deposit – no LMI required
- Income cap: $125,000 (singles), $200,000 (couples)
- Price cap for Melbourne: $800,000
What You Need
| Item | Houses | Units |
|---|---|---|
| Deposit (5% with guarantee) | $23,861 | $13,123 |
| Deposit (10% standard) | $47,723 | $26,247 |
| Deposit (20% no LMI) | $95,446 | $52,495 |
| Stamp duty | $26,247 | $10,499 |
| Legal/conveyancing | $1,500-2,500 | $1,500-2,500 |
| Building/pest inspection | $500-800 | $300-500 |
Monthly Repayments
At current rates (~6.2% variable):
| Loan Amount | Monthly Repayment | Income Needed |
|---|---|---|
| $381,784 (80% LVR) | $2,067/mo | $82,719/yr |
| $236,228 (unit, 90% LVR) | $1,279/mo | $51,182/yr |
Tips for First Home Buyers in Blairgowrie
- Compare older units (better value) vs newer developments (grant eligible)
- Get pre-approval before inspecting – agents prioritise
