Your Home calculator

Our extensive suite of calculators is the perfect tool to help you gain a better understanding about your financial position and is a great starting point when considering your various finance options.

Australian Capital Territory's Home Buyer Concession Scheme

On July 1 2019, the First Home Owner Grant was replaced with the Home Buyer Concession Scheme (HBCS). Eligible applicants for the HBCS who enter into a transaction to purchase property on or after 1 July 2019 are entitled to a full or reduced duty concession. This scheme applies to vacant residential land and both new and established homes, anywhere in the ACT and at any price.

In order to pay no stamp duty on your new home purchase, the following eligibility criteria must be met:

  • All buyers of the home or land must be at least 18 years of age.
  • All buyers including their partners (if any) must not have owned any other property in the last two years.
  • At least one buyer must live in the home continuously for at least one year, starting within 12 months of the date of completion (settlement date) or the date that a certificate of occupancy has been issued.
  • The total gross income of all buyers, including their partners (if any), over the full financial year before the transaction date must be less than or equal to the income thresholds below.

Income Threshold for Transactions From 1 July 2022

Dependent ChildrenGross Income
Number of dependent children: 0
Total gross income threshold: $170,000
Number of dependent children: 1
Total gross income threshold: $173,330
Number of dependent children: 2
Total gross income threshold: $176,660
Number of dependent children: 3
Total gross income threshold: $179,990
Number of dependent children: 4
Total gross income threshold: $183,320
Number of dependent children: 5 or more
Total gross income threshold: $186,650


Income Threshold for Transactions from 1 July 2019 to 30 June 2022

Dependent ChildrenGross Income
Number of dependent children: 0
Total gross income threshold: $160,000
Number of dependent children: 1
Total gross income threshold: $163,330
Number of dependent children: 2
Total gross income threshold: $166,660
Number of dependent children: 3
Total gross income threshold: $169,990
Number of dependent children: 4
Total gross income threshold: $173,320
Number of dependent children: 5 or more
Total gross income threshold: $176,650


More Information:

https://www.revenue.act.gov.au/home-buyer-assistance/home-buyer-concession-scheme

Check out our first home buyer range

Our Retreat Range features stunning homes that were previously thought out of reach for those entering the property market. The Retreat Range provides affordable homes that suit various blocks of land and include everything you could ever want in your first home.

Find out more

Home builders ACT

By subscribing you are agreeing to Hotondo Homes' Terms & Conditions and Privacy Collection Notices information. *