First home buyer grant uptake jumps after stamp duty rebate change
The ACT government's expanded rebate has lifted applications by a third year on year.
By Hannah Wu16 June 20265 min read AI assisted
AI illustrationProperty
Illustration: AI-generated for What's On Canberra. Not a photograph; no real people or places are depicted.
Treasury data released this week shows first home buyer grant applications across the ACT have lifted 33 per cent year on year since the stamp duty rebate threshold was raised to $850,000 in February.
The rebate covers full stamp duty for eligible buyers below the threshold, with a sliding scale extending to $1.05 million.
Industry groups argue the threshold still excludes most family homes inside the inner ring. Treasurer Anna Chen has flagged a further review for the November budget update.
Share
Related stories
Free weekly events digest
Get the week's best events in your inbox.
One free email every Thursday with the best gigs, markets, food and family things to do in Canberra. No spam, unsubscribe anytime.
Free. Independent. No paywall, ever.