It's just unfortunate that those grants in Victoria ($2 Billion +) have now disappeared into thin air or fat pockets.
Example for those that bought in October 2009:
New Point Cook Home = $450,000
Grants received on new home
FH Grant = $7,000
FH Bonus = $11,000
FH Boost = $7,000
Total = $25,000
Fast forward to 2011
6% decline(Melbourne Average) = $27,000
Point Cook House is now worth = $423,000
