By Chaice Paterson, CEO & Founder, Low Deposit Homes | Updated June 2026

Comparing like-for-like — a brand-new 4-bedroom home with a second living space and a double garage — house-and-land packages in Truganina start from about $700,000 in 2026. Truganina, in Melbourne’s Wyndham growth corridor about 25km west of the CBD, is one of Victoria’s most accessible first home buyer markets. Because it sits inside metropolitan Melbourne, the federal 5% Deposit Scheme applies up to a $950,000 price cap, the $10,000 First Home Owner Grant applies to new homes under $750,000, and — because Victorian duty is assessed on the land — eligible first home buyers pay $0 stamp duty. Here is exactly how the numbers work.

How much deposit do you need to buy a first home in Truganina in 2026?

You typically need around $36,000 for a 5% deposit on a $720,000 new 4-bedroom build in Truganina, plus roughly $3,500 in fees — about $39,500 total cash, before the $10,000 grant is applied. Under the 5% Deposit Scheme you pay a 5% deposit with no Lenders Mortgage Insurance, and you pay $0 stamp duty because the land value sits under the $600,000 first-home exemption. A 20%-deposit buyer would need about $144,000 on the same home, so the scheme stack removes well over $100,000 of upfront cost. Run your own figure with the free Grant Eligibility Calculator.

What does a like-for-like new home cost in Truganina?

A brand-new 4-bedroom house-and-land package with a second living area and a double garage prices from about $700,000 to $760,000 in Truganina in 2026. The suburb’s overall house median (near $670,000) is lower, but that figure reflects smaller and older established homes — not the comparable new family product most first home buyers want. New-build supply is strong because Wyndham is among the highest-growth municipalities in the country, which keeps the new 4-bedroom product comfortably below the $950,000 5% Scheme cap and, where you choose to, under the $750,000 grant cap.

Which first home buyer grants and schemes apply in Truganina?

All four main schemes can apply to a Truganina new build, and which ones fit depends on your package price.

Do you pay stamp duty on a new home in Truganina?

No — most first home buyers pay $0 stamp duty in Truganina. Victorian transfer duty on a house-and-land package is calculated on the land value (you buy the land and build under a separate fixed-price contract), and Truganina lots sit under the $600,000 first-home exemption. So even though the completed 4-bedroom package is around $700,000 or more, there is no duty to pay. On a larger premium lot above $600,000, a sliding concession applies to the land value only.

Which new estates in Truganina have house-and-land packages?

Truganina has dozens of active land estates in 2026, including large master-planned communities such as Mt Atkinson and Allura, alongside other releases across the Wyndham corridor. These communities release titled and registering land suited to first home buyers, with 4-bedroom house-and-land packages from about $700,000, plus parks, schools and growing local centres. We match you to a registering lot and a fixed-price build so your scheme eligibility and timeline are protected. Truganina is one example of where we build — we build across Victoria and Queensland — and you can see the corridor overview in our Melbourne West house-and-land guide.

What’s the realistic cash-on-hand for a first home in Truganina?

Indicative example — a couple buying a $720,000 Truganina 4-bedroom new build under the 5% Scheme: 5% deposit $36,000; $0 stamp duty (land under the exemption); $0 LMI (5% Scheme); about $3,500 in fees — roughly $39,500 total cash, before the $10,000 First Home Owner Grant is credited at settlement. These figures are indicative; check how much you could borrow with the Borrowing Power Calculator and confirm your grants with the Grant Eligibility Calculator.

Is Truganina a good suburb for first home buyers?

Yes — Truganina suits first home buyers who want a brand-new home at one of the lowest entry costs in metropolitan Melbourne. It offers strong new-build supply (so the 5% Scheme, the $10,000 grant and the $0 stamp duty all apply), master-planned parks, schools and transport, and a new-build product well below the inner-Melbourne average. The trade-off is the outer-west commute and an area still maturing as infrastructure catches up. For most first home buyers locked out by the deposit gap rather than income, that trade-off is well worth it.

How Low Deposit Homes helps Truganina first home buyers

We map your eligibility across every scheme, match you to a registering Truganina lot under the right price cap, structure the build to keep the $10,000 grant in play where it applies, and coordinate the finance through a licensed broker so your 5% Scheme place and timeline stay protected. The service is free to you — Low Deposit Homes is paid by the builder, not the buyer.

Frequently asked questions

Q: How much deposit do I need to buy a house in Truganina?
About 5% — roughly $36,000 on a $720,000 new 4-bedroom build — with no LMI under the 5% Deposit Scheme, plus around $3,500 in fees, before the $10,000 grant.

Q: Do I pay stamp duty on a new home in Truganina?
No. Victorian duty is assessed on the land value, which sits under the $600,000 first-home exemption, so most first home buyers pay $0.

Q: Can I get the $10,000 First Home Owner Grant in Truganina?
Yes, on a new home under $750,000. A 4-bedroom Truganina package can be kept under the cap.

Q: What’s the 5% Deposit Scheme price cap in Truganina?
$950,000, because Truganina sits within metropolitan Melbourne. New 4-bedroom packages price comfortably below this.

Q: Do permanent residents qualify in Truganina?
Yes. Permanent residents are treated as equivalent to citizens for the 5% Scheme, the First Home Owner Grant and the stamp duty rules (Help to Buy is citizens-only).

Low Deposit Homes is not a lender or mortgage broker, and is free to buyers. All calculations are indicative and not financial advice. Eligibility is confirmed with a licensed broker.