First Home Buyers Grant

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First Home Buyers Grant Australian Capital Territory (ACT)

If you are buying your first home in the ACT, you may be entitled to the Home Buyer Concession Scheme (HBCS) in addition to the First Home Buyers Grant. Under the scheme, you receive a stamp duty concession on eligible properties that do not exceed $412,000 in value.

First Home Buyers Grant and home buyer concession Applications

For assistance with your HBCS and your First Home Buyers Grant application or to find out which home loan options are right for you, get your local mortgage broker to help. Simply email us the form on this page or call at any time on 13 XINC or direct on +61 2 9249 3739 and we will contact you within 2 business hours.

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home buyer concession scheme eligibility criteria

Eligible Property (Residential Home)

Dutiable value

Concessional duty payable

$333,000 or less

$20 (minimum duty)

more than $333,000 but less than $412,000

$19.80 for each $100 or part thereof by which the dutiable value exceeds $333,000 ($20 minimum duty).

$412,000 or more

No concession

Eligible Vacant Block (Land)

Dutiable value

Concessional duty payable

$185,300 or less

$20 (minimum duty)

more than $185,300 but less than $227,600

$15.60 for each $100 or part thereof by which the dutiable value exceeds $185,300 ($20 minimum duty).

$227,600 or more

No concession

Home Buyer Concession scheme (HBCS) Eligibility

To be eligible for the concession:

  • the HBCS application must be lodged within the required time;
  • applicants must satisfy a current and previous property ownership test;
  • the total value of the property must be less than the upper property value threshold amount;
  • the total gross income of all applicants must not be greater than the relevant income threshold amount;
  • applicants must satisfy a residency test; and
  • applicants are generally required to be at least 18 years old.

Australian Capital Territory Revenue Office

The Australian Capital Territory Revenue Office (ACTRO) fully funds or administers the first home buyers grant and home buyer concessions in the ACT. They can be contacted on (02) 6207 0028.

specific first home buyers Information

For more information specific to first home buyers, visit these pages:

First Home Buyers | ACT | New South Wales | Victoria | Queensland | Western Australia | Northern Territory | Tasmania | South Australia

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Diane Boese
Dependent upon your situation, you may be able to buy an investment property and still get the First Home Owners Grant! talk to this broker


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