From 1 July 2019, more home buyers in the ACT will pay no duty, and they will have more freedom to buy the first home that's right for them.
All properties in the ACT are eligible for this scheme. Unlike the previous concession scheme, it now applies to vacant residential land and both new and established homes, anywhere in the ACT and at any price.
From 1 July 2019 the FHOG will change. Eligible applicants who enter into a transaction with a commencement date on or after this date will not be entitled to the FHOG payment.
According to SQM research, investment hotspots are generally located close to town centres that are still nearby to Canberra CBD. Be sure to look out for:
Concessions, rebates, etc
General
Canberra
Canberra