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First Home Owner Grant (FHOG) ACT

The First Home Owners Grant in the ACT is a one-off payment of $7,000 designed to help first home buyers in Canberra with the cost of buying a home. The FHOG in the ACT is only available on new homes purchased before 30 June 2019. From 1 July 2019, the FHOG ACT will be replaced by valuable savings on stamp duty.


Frequently asked questions about FHOG ACT

Up until 30 June 2019, the FHOG ACT is only available if you buy or build a newly home valued at $750,000 or below. The First Home Owner Grant in Canberra can also be used if you’re buying off-the-plan, or if you buy a substantially renovated home. ‘Substantial renovations’ mean all or most of the building has been removed or replaced. Renovations to just one part of the home such as a new kitchen or bathroom don’t count as substantial renovations.

It’s important to note that the FHOG scheme in the ACT will no longer be available from 1 July 2019. Instead, the FHOG ACT will be replaced with exemptions on stamp duty, which could add up to a lot more than the current $7,000 FHOG.

To be eligible for the FHOG in Canberra, you’ll need to meet several conditions:

  • You or your spouse/partner must not have previously received a FHOG in Australia
  • You must live in the home you buy for at least 12 months within 12 months of settling on the property (this is when the keys are handed to you) or from when the home is fully built
  • You must be aged 18 years or over and be an Australian citizen or permanent resident.

Specific rules apply to having previously owned property. You may not be eligible to claim the FHOG in the ACT if:

  • You owned residential property anywhere in Australia before 1 July 2000, or
  • You owned residential property in Australia between 1 July 2000 and 1 January 2004, and lived there for any period of time, or
  • You owned residential property in Australia after 1 January 2004, which you lived in for six months or more.

Applying for the First Home Owner Grant in the ACT is easy, and your Mortgage Choice broker can guide you through the paperwork. Simply fill out the form below and a local expert will be in contact with you shortly. 

Before 1 July 2019

Until 30 June 2019, first home buyers in Canberra can take advantage of the Home Buyer Concession Scheme (HBCS). It provides savings on stamp duty to first home owners who buy a new home or a vacant land to build on.  Off the plan purchases are eligible for stamp duty savings however substantially renovated homes are not covered by the HBCS.

Until 30 June 2019, the savings on stamp duty depend on how much you pay for your block of land or newly built home.

Vacant land

  • No stamp duty is payable if pay $281,200 or less for a block of land to build on.
  • Savings on stamp duty apply if you buy a vacant block costing between $281,200 and $329,500. For instance, if your land costs $300,000, as a first home buyer you’ll pay stamp duty of $2,312, a saving of $2,588.
  • Normal rates of stamp duty apply if you pay over $329,500 for your land.

New home

  • No stamp duty is payable if you’re a first home buyer in Canberra and you pay $470,000 or less for a new home.
  • If your new home costs between $470,000 and $607,000, you’re entitled to a discount on stamp duty. For example, if you pay $500,000 for a new home, the stamp duty cost will be $3,705, which is a saving of $8,395.
  • Normal rate of duty apply if you pay $607,000 or more for a new home.

After 1 July 2019

From 1 July 2019, the FHOG in Canberra will be scrapped. In its place, stamp duty will be abolished altogether for first home owners who buy either a new or existing home. This saving is available for any type of property at any purchase price. To be eligible, first home owners in the ACT must have a household income below $160,000.

Fill out the form below to find out if you qualify for a FHOG

First Home Owner Grant questionnaire

Tell us about yourself:

Has each applicant on or after 1 July 2000:

Contact details

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