Stamp Duty in Australian Capital Territory
The ACT has some of the lowest stamp duty rates in Australia and is actively transitioning away from stamp duty toward a land-based tax system. Rates range from 0.6% to 5%, with a flat rate of 4.45% applying above $1.455M. The ACT also has no foreign buyer surcharge — the only jurisdiction on the mainland without one.
First Home Buyer Concessions — ACT
The ACT's Home Buyer Concession Scheme provides a full stamp duty exemption for properties up to $1,020,000 (2025–26, indexed annually to CPI). However, the scheme is income-tested — both partners' incomes are assessed for eligibility. The ACT does not offer a separate First Home Owner Grant, having replaced it with the stamp duty exemption scheme.
Additional Information
The ACT's transition away from stamp duty means rates are being gradually reduced while land tax increases. For buyers planning to hold long-term, the stamp duty savings now may be offset by higher ongoing land tax. The threshold increase to $1,020,000 for 2025–26 was indexed from $1,000,000.
Property Market
Canberra's median house price of around $950,000–$1M means many first home buyers fall under the generous $1.02M exemption threshold.
Use our Stamp Duty Calculator to get an exact estimate, or check the First Home Buyer Calculator to see your total benefits including grants and concessions. For your exact liability, consult a licensed conveyancer or your state revenue office.