Canberra: Buying Property In

: Eligible first-home buyers pay $0 stamp duty on residential properties valued up to $1,020,000 as of July 2025. For properties between $1,020,000 and $1,455,000, concessional rates apply.

: If the property is not your primary residence, you will face higher annual land costs and fees than in many other states, which can significantly impact investment yields. 4. The Buying Process Step-by-Step

: A 10% deposit is standard, though 5% can sometimes be negotiated. buying property in canberra

: Legally binding at the fall of the hammer with no cooling-off period .

: Typically occurs 30 to 90 days after exchange. Title is officially transferred, and keys are handed over. A Guide to Buying Real Estate in the ACT : Eligible first-home buyers pay $0 stamp duty

: Detached housing continues to outperform the apartment sector, with house values rising 7.7% annually compared to just 1.0% for units as of March 2026.

: Secure financing before searching. Pre-approvals typically last 3 months. : Typically occurs 30 to 90 days after exchange

: Negotiate price with the agent. Includes a 5-day cooling-off period .