Property price caps
Supporting first home buyers
Property price caps
Maximum purchase prices (property price caps) are applicable for eligible properties purchased under the First Home Loan Deposit Scheme in capital cities, large regional centres and regional areas.
Note: Higher property price caps apply for eligible properties purchased under the FHLDS (New Homes). If you are unsure of the relevant price cap for the property you are looking to purchase, please contact a participating lender to confirm.
Search property price cap by suburb
Please note that this tool is provided as a guide only and does not mean that you will receive either a guarantee or a loan from a participating lender. Please confirm the relevant property price cap for your circumstances with a participating lender.
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, state and postcode, then click Submit.
Overview of property price caps across Australia
The below table shows the maximum purchase price under the Scheme and the FHLDS (New Homes) for Australian capital cities, large regional centres and regional areas:
|
Region ID |
Region |
FHLDS |
FHLDS (New Homes) only |
|
1 |
NSW - capital city |
$700,000 |
$950,000 |
|
2 |
NSW - regional centre (Newcastle and Lake Macquarie) |
$700,000 |
$950,000 |
|
3 |
NSW – regional centre (Illawarra) |
$700,000 |
$950,000 |
|
4 |
NSW – other |
$450,000 |
$600,000 |
|
5 |
VIC – capital city |
$600,000 |
$850,000 |
|
6 |
VIC – regional centre (Geelong) |
$600,000 |
$850,000 |
|
7 |
VIC – other |
$375,000 |
$550,000 |
|
8 |
QLD – capital city |
$475,000 |
$650,000 |
|
9 |
QLD – regional centre (Gold Coast) |
$475,000 |
$650,000 |
|
10 |
QLD – regional centre (Sunshine Coast) |
$475,000 |
$650,000 |
|
11 |
QLD – other |
$400,000 |
$500,000 |
|
12 |
WA – capital city |
$400,000 |
$550,000 |
|
13 |
WA – other |
$300,000 |
$400,000 |
|
14 |
SA – capital city |
$400,000 |
$550,000 |
|
15 |
SA – other |
$250,000 |
$400,000 |
|
16 |
TAS – capital city |
$400,000 |
$550,000 |
|
17 |
TAS – other |
$300,000 |
$400,000 |
|
18 |
ACT |
$500,000 |
$600,000 |
|
19 |
Northern Territory |
$375,000 |
$550,000 |
|
20 |
Jervis Bay Territory & Norfolk Island |
$450,000 |
$600,000 |
|
21 |
Christmas Island & Cocos (Keeling) Island |
$300,000 |
$400,000 |
The capital city price caps apply to large regional centres with a population over 250,000 (the Gold Coast, Newcastle and Lake Macquarie, the Sunshine Coast, Illawarra (Wollongong) and Geelong), recognising that dwellings in large regional centres tend to be significantly more expensive than other regional areas.
Download a fact sheet
Learn more about the FHLDS (New Homes)
Apply now
Apply directly with a participating lender
Be inspired
Meet some of our first home buyers who have benefited from the Scheme
Questions?
Contact a participating lender if you have questions or would like to apply for a Scheme place.
General inquiries
Have a general question about the Scheme?