The four candidates who contested the Eildon seat in last month’s State Election are set to receive a financial windfall.

Now that votes have been finalised with the Victorian Electoral Commission, hundreds of thousands of dollars to all four contenders.

Candidates who poll more than four per cent receive $1.75 for every first preference vote they received, with all four Eildon candidates polling above the threshold.

Independent candidate Michelle Dunscombe, who polled 5.46 per cent of the vote, stands to receive $3697.75, for her 2113 votes.

Australian Greens candidate Ken Deacon, who received 4035 votes (10.42 per cent) will receive a cheque for $7061.25 for his party.

Australian Labor Party candidate Sally Brennan, who collected 13,850 votes (35.77 per cent) will receive $24,237.50.

The winning candidate, Cindy McLeish (Liberal), stands to receive $32,754.75, after she claimed 18,717 first preference votes (48.35 per cent).

The money is intended to compensate for the cost of campaigning and blunt the power of donations to influence independents and political parties.

Under legislation passed earlier this year, the amounts will more than triple to $6 per vote at the next Victorian state election.

The Electoral Legislation Amendment Bill 2018 also contains new funding to contribute to the running of a member of Parliament’s office.