Property Price Caps

Maximum purchase prices (property price caps set by Government legislation) are applicable for eligible properties purchased under the Home Guarantee Scheme (HGS).

The property price caps are the same for all HGS Guarantees.

Property price caps vary according to which financial year is applicable to a Scheme place, and where the property is located (in a capital city, large regional centre or regional area). All property price caps are displayed in Australian dollars.

The price caps for the HGS are listed in the tables below or use the postcode search tool to look up price caps by suburb or postcode.

First Home Guarantee and Family Home Guarantee Property Price Cap Table

The price caps for the FHBG and FHG are listed in the table below.

* Regional centres are Newcastle and Lake Macquarie, Illawarra, Geelong, Gold Coast and Sunshine Coast.
State Capital City and Regional Centre* Rest of State
NSW $900,000 $750,000
VIC $800,000 $650,000
QLD $700,000 $550,000
WA $600,000 $450,000
SA $600,000 $450,000
TAS $600,000 $450,000
Territory All areas
ACT $750,000
NT Regional $600,000
Jervis Bay Territory & Norfolk Island $550,000
Christmas Island and Cocos (Keeling) Islands $400,000

Regional First Home Buyer Guarantee Property Price Cap Table

The price caps for the RFHBG are listed in the table below.

State# Regional Centre* All other Regional Areas
NSW $900,000 $750,000
VIC $800,000 $650,000
QLD $700,000 $550,000
WA $450,000
SA $450,000
TAS $450,000
Territory# Regional area
ACT Not applicable
NT Regional $600,000
Jervis Bay Territory & Norfolk Island $550,000
Christmas Island and Cocos (Keeling) Islands $400,000

To find the property price cap for a suburb, start typing the postcode or suburb of the property in the box below. Select the pre-filled suburb and postcode, then select 'Search'.  All property price caps are displayed in Australian dollars.

This tool is provided as a guide for home buyers and does not confirm that a home buyer will secure a Guarantee or loan from a Participating Lender.

If the suburb or postcode you wish to search does not appear, or if you have a query regarding the results, please contact us.

The property price cap tool can help home buyers determine the relevant property price caps. Advice is general in nature and does not constitute a determination of eligibility. 

Home buyers (and those advising them) should consider consulting with a Participating Lender, and seeking independent financial and legal advice about whether a particular home loan or property, and the terms of the HGS suit personal circumstances and objectives.

Before entering into a home loan agreement, home buyers should consider talking with their lender (or broker) about the potential implications of changing interest rates or house prices on individual circumstances.

NHFIC, its employees and agents will not be responsible for any claims for direct or indirect loss allegedly caused by or arising from the use of this tool. All monetary figures displayed are in Australian dollars.