Market Research

Updated 7 min read

How much does it cost to build a house in Australia? (2026)

House plans and a tape measure lie on a timber workbench at a construction site in Australia.

Updated

Building a new house in Australia costs $474,939 on average for the structure alone, based on the latest ABS completion data1. Add land at the national median lot price of $403,5702 and the total comes to around $878,500, climbing past $1.2 million in Sydney. Costs are still rising: ABS new dwelling prices rose 4.7% in the year to September 2026, driven by project builders passing on higher labour and materials costs3.

The advertised price is rarely the final cost. Builders' base quotes often leave out site works, footing upgrades for difficult soils and soft costs such as design and permit fees.

Avg construction cost (2024⁠–⁠25)
$474,939
Excl. land · ABS Building Activity
New dwelling price inflation (Sep 2026)
+4.7%
Annual rate · ABS monthly CPI
Total new house spend (2025)
$53.9B
Up 54% in nominal terms since 2020
How long does it take to build a house in Australia?How long does it take to build a house in Australia?The average time from approval to handover is now about 10.7 months for a house, 13.8 months for a townhouse and almost 33 months for an apartment in Australia.How many homes are built in Australia each year?How many homes are built in Australia each year?Australia's annual private sector housing completions rose from 146,008 in 2010 to a peak of 215,102 in 2018, before falling back to 169,059 in 2025.

Section 01 · State Snapshot

Cost to build a house by state (2026)

Sydney's total land-and-build package sits at $1.23 million, while Adelaide comes in at $815,500. That $418,000 gap between the two is driven mostly by land, not construction. The per-metre build rate across standard homes overlaps considerably across states; it's the land beneath that separates affordable markets from expensive ones. Perth's forecast construction cost rise of 6.5% for 2026 is the highest of any capital in the table below, while Brisbane's forecast has eased to 5.0%4.

Build cost Australia by state: Construction vs land split, 2026Construction = midpoint of 200 m² standard-build range. Land = total package minus construction midpoint.Construction (200 m² standard midpoint)Implied land component200K400K600K800K690,000543,600700,000251,800600,000315,700550,000340,300630,000233,900550,000265,500NSWACTQLDVICWASAState
Estimated build cost by state: construction vs land split (2026). Construction = midpoint of 200 m² standard-build range. Land = total package minus construction midpoint.
Total includes land at current capital city median values. Tasmania excluded from total as consistent median land data is not available. Construction ranges cover a 200 m² footprint at standard to premium specification.
StateTotal (incl. land)Construction /m²200 m² standard build2026 forecast
NSW (Sydney)$1,233,600$2,400–$4,500+$480,000–$900,0004.0%4
ACT (Canberra)$951,800$2,500–$4,500+$500,000–$900,0004.7%4
QLD (Brisbane)$915,700$2,200–$3,800+$440,000–$760,0005.0%4
VIC (Melbourne)$890,300$1,800–$3,700+$360,000–$740,0004.0%4
WA (Perth)$863,900$2,300–$4,000+$460,000–$800,0006.5%4
SA (Adelaide)$815,500$2,100–$3,400+$420,000–$680,0005.1%4
TASn/a$2,400–$4,200+$480,000–$840,000n/a

Source · ABS Building Activity, Australia, Dec 2025; Altus Group Q4 2025; RLB Market Intelligence Q1 2026. 2026 forecast: RLB Tender Price Index forecast for each capital city, Australia Market Intelligence Q3 2026 (no forecast published for Hobart).

Section 02 · 15-Year History

Average cost to build a house in Australia, 2010–2025

Construction costs held relatively steady through most of the 2010s, then rose sharply in the years after the pandemic. House costs rose 77% nationally from 2010–11 to 2024–25, townhouses more than doubled at +105%1, and the steepest single-year jump hit 14.5% between 2021–22 and 2022–23. Apartment data covers NSW, VIC and QLD only; the ABS does not publish apartment figures for other states due to insufficient completions. Apartment costs also carry a measurement bias because the ABS divides total building cost across all dwellings in a block, including shared lobbies and common areas.

House cost increase since 2010⁠–⁠11
+77%
$268,613 to $474,939 national avg
Townhouse cost increase since 2010⁠–⁠11
+105%
$211,903 to $435,089 · fastest of all types
Biggest single-year jump (houses)
+14.5%
2021–22 to 2022–23 nationally
Average dwelling completion cost by type, 2010-11 to 2024-25National average. Construction cost only, excl. land. Private sector dwellings.HousesTownhousesApartments (NSW/VIC/QLD)ABS Building Activity, Australia (Cat. 8752.0), Dec 2025; ABS Characteristics of New ResidentialDwellings, 15-Year Summary.200K400K600K201120122013201420152016201720182019202020212022202320242025Financial Year Ending
Average completion cost per dwelling by type, 2010–11 to 2024–25. National average. Construction cost only, excl. land. Private sector dwellings.
Average floor area per dwelling by type, 2010–11 to 2024–25 (m²)National average. Apartment area = total building floor area ÷ number of dwellings, incl. common areas.HousesTownhousesApartments (NSW/VIC/QLD)ABS Characteristics of New Residential Dwellings, 15-Year Summary.50100150200250201120122013201420152016201720182019202020212022202320242025Financial Year Ending

Australian houses are virtually the same size today as they were in 2010: 241.5 m² in 2024–25 against 240.0 m² in 2010–115. Costs nearly doubled while floor area barely moved. The rise reflects higher costs per square metre rather than larger homes. Townhouses grew modestly from 148 m² to 174.5 m², partly reflecting a shift toward larger terrace-style builds in inner-city markets.

NSW and ACT consistently record the highest average build costs nationally. ACT's $645,052 average in 2024–251 partly reflects a project mix skewed toward larger, higher-spec builds. At the other end, SA's average of $389,949 is the lowest of any state. The tables below show average build cost and average floor area by state for each dwelling type.

Avg Build Cost - Houses
Houses (Average Build Cost)
Financial yearNSWVICQLDSAWATASNTACTNational
2010–11$307,262$254,236$277,475$219,904$273,108$224,366$363,074$285,092$268,613
2011–12$314,320$274,796$287,295$228,912$299,387$248,132$364,020$317,314$284,739
2012–13$321,148$284,756$279,295$241,079$283,711$259,282$375,768$310,628$288,097
2013–14$302,125$278,664$278,471$236,618$282,923$257,675$359,826$344,831$282,801
2014–15$308,854$277,560$266,427$233,820$286,921$249,971$382,020$325,598$281,508
2015–16$322,446$287,773$293,191$247,811$281,321$255,154$379,050$372,205$293,042
2016–17$325,620$315,075$283,264$263,826$301,406$274,367$365,311$401,409$305,959
2017–18$348,264$316,537$289,319$270,979$297,428$291,538$356,110$431,504$313,715
2018–19$349,960$327,687$289,621$275,364$298,272$285,220$365,364$440,772$320,170
2019–20$399,478$345,201$312,857$279,083$316,846$302,974$354,256$450,478$345,410
2020–21$371,755$338,677$322,628$293,329$311,484$319,770$360,208$463,090$338,051
2021–22$400,728$343,478$324,125$295,292$293,958$340,891$376,957$455,259$344,656
2022–23$432,039$412,090$389,911$310,737$335,550$374,822$434,325$452,472$394,579
2023–24$520,907$433,431$450,807$371,627$380,874$411,797$471,006$563,824$443,333
2024–25$565,749$485,292$458,868$389,949$407,114$420,756$475,310$645,052$474,939

Source · ABS Building Activity, Australia (Cat. 8752.0), Dec 2025. Completion costs and floor areas for new private-sector dwellings by state, nominal dollars, land excluded. Apartment data covers NSW, VIC and QLD only.

Section 03 · Cost per square metre

Cost per square metre to build a house, by state

Western Australia has the lowest build cost per square metre of any state based on ABS 2024–25 completions, at $1,585/m² implied, despite Perth's rapidly rising land prices. NSW is the most expensive mainland state at $2,396/m². Tasmania's implied rate of $2,538/m² tops even NSW, driven by a small sample size and the elevated cost of remote materials delivery. Across all states, ABS-implied rates reflect contracts signed 12–24 months earlier, so most sit below current quantity surveyor (QS) quotes for new work.

StateAvg house cost (2024–25)Avg floor area (2024–25)Implied cost/m² (ABS)Current QS range (2026)
NSW$565,749236.1 m²$2,396/m²$2,400–$4,500+
ACT$645,052298.2 m²$2,163/m²$2,500–$4,500+
QLD$458,868230.9 m²$1,987/m²$2,200–$3,800+
VIC$485,292253.5 m²$1,914/m²$1,800–$3,700+
WA$407,114256.8 m²$1,585/m²$2,300–$4,000+
SA$389,949218.1 m²$1,788/m²$2,100–$3,400+
TAS$420,756165.8 m²$2,538/m²$2,400–$4,200+
NT$475,310206.5 m²$2,302/m²$2,600–$4,800+

Source · ABS Building Activity, Australia, Dec 2025; Altus Group Q4 2025; RLB Q1 2026. Implied cost/m² = ABS 2024–25 state average completion cost divided by state average floor area. Current QS ranges are 2026 industry estimates for new contracts, which mostly exceed the ABS-implied rate.

Section 04 · Budget tiers

Cost per square metre for volume, custom and architect-designed homes

Volume builders keep the floor low. Standard project homes with production-line designs and minimal selections sit at the bottom of these ranges. Moving to a semi-custom or architect-designed build can more than double the rate in NSW or the ACT. Three things consistently push a project out of its intended tier, regardless of state:

  • Slope and site access. Sloping blocks need engineered retaining walls and split-level slabs. Narrow inner-city sites may require crane hire for material delivery. Either can add $30,000–$80,000+ before a single room is framed.
  • Soil conditions. Reactive clay or uncompacted fill requires deep bored piers or heavily reinforced slabs instead of a standard footing. Geotechnical risk is rarely priced into a builder's base quote.
  • Soft costs. Design fees, structural engineering, energy compliance reports, planning permits and surveying typically consume 10–15% of the total project budget before construction begins and rarely appear in a builder's base price.
StateStandard / VolumeMid-range / Semi-customPremium / Fully custom
NSW (Sydney)$2,400–$3,200$3,200–$4,500$4,500–$8,000+
VIC (Melbourne)$1,800–$2,500$2,500–$3,700$3,700–$8,000+
QLD (Brisbane / SEQ)$2,200–$2,900$2,900–$3,800$3,800–$6,500+
WA (Perth)$2,300–$3,100$3,100–$4,000$4,000–$6,000+
SA (Adelaide)$2,100–$2,700$2,700–$3,400$3,400–$5,500+
Tasmania$2,400–$3,200$3,200–$4,200$4,200–$6,500+
ACT (Canberra)$2,500–$3,300$3,300–$4,500$4,500–$7,000+
NT (Darwin)$2,600–$3,500$3,500–$4,800$4,800–$7,500+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Rates are per m² and assume a flat, accessible site with M-class soil. Sloping blocks, reactive soils or remote locations will push costs beyond these ranges.

Section 05 · The capital cities

Cost to build a house in each capital city (2026)

These ready reckoners multiply each capital city's 2026 builder rates per square metre by common home sizes, from a compact 150 m² single-storey home to a 300 m² family home. They cover construction only, on a flat, accessible block with M-class soil: land, site works, landscaping and soft costs are extra. Rates come from the budget-tier table above; Hobart and Darwin use the Tasmania and Northern Territory rates.

Cost to build a house in Sydney

Building a new house in Sydney costs $2,400–$3,200/m² for a standard volume build in 2026, $3,200–$4,500/m² for mid-range and $4,500–$8,000+/m² for a premium custom home. ABS completions imply $2,396/m²1 across NSW in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Sydney construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$360,000–$480,000$480,000–$675,000$675,000–$1,200,000+
200 m²$480,000–$640,000$640,000–$900,000$900,000–$1,600,000+
250 m²$600,000–$800,000$800,000–$1,125,000$1,125,000–$2,000,000+
300 m²$720,000–$960,000$960,000–$1,350,000$1,350,000–$2,400,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Melbourne

Building a new house in Melbourne costs $1,800–$2,500/m² for a standard volume build in 2026, $2,500–$3,700/m² for mid-range and $3,700–$8,000+/m² for a premium custom home. ABS completions imply $1,914/m²1 across Victoria in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Melbourne construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$270,000–$375,000$375,000–$555,000$555,000–$1,200,000+
200 m²$360,000–$500,000$500,000–$740,000$740,000–$1,600,000+
250 m²$450,000–$625,000$625,000–$925,000$925,000–$2,000,000+
300 m²$540,000–$750,000$750,000–$1,110,000$1,110,000–$2,400,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Brisbane

Building a new house in Brisbane costs $2,200–$2,900/m² for a standard volume build in 2026, $2,900–$3,800/m² for mid-range and $3,800–$6,500+/m² for a premium custom home. ABS completions imply $1,987/m²1 across Queensland in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Brisbane construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$330,000–$435,000$435,000–$570,000$570,000–$975,000+
200 m²$440,000–$580,000$580,000–$760,000$760,000–$1,300,000+
250 m²$550,000–$725,000$725,000–$950,000$950,000–$1,625,000+
300 m²$660,000–$870,000$870,000–$1,140,000$1,140,000–$1,950,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Perth

Building a new house in Perth costs $2,300–$3,100/m² for a standard volume build in 2026, $3,100–$4,000/m² for mid-range and $4,000–$6,000+/m² for a premium custom home. ABS completions imply $1,585/m²1 across WA in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Perth construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$345,000–$465,000$465,000–$600,000$600,000–$900,000+
200 m²$460,000–$620,000$620,000–$800,000$800,000–$1,200,000+
250 m²$575,000–$775,000$775,000–$1,000,000$1,000,000–$1,500,000+
300 m²$690,000–$930,000$930,000–$1,200,000$1,200,000–$1,800,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Adelaide

Building a new house in Adelaide costs $2,100–$2,700/m² for a standard volume build in 2026, $2,700–$3,400/m² for mid-range and $3,400–$5,500+/m² for a premium custom home. ABS completions imply $1,788/m²1 across SA in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Adelaide construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$315,000–$405,000$405,000–$510,000$510,000–$825,000+
200 m²$420,000–$540,000$540,000–$680,000$680,000–$1,100,000+
250 m²$525,000–$675,000$675,000–$850,000$850,000–$1,375,000+
300 m²$630,000–$810,000$810,000–$1,020,000$1,020,000–$1,650,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Canberra

Building a new house in Canberra costs $2,500–$3,300/m² for a standard volume build in 2026, $3,300–$4,500/m² for mid-range and $4,500–$7,000+/m² for a premium custom home. ABS completions imply $2,163/m²1 across the ACT in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Canberra construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$375,000–$495,000$495,000–$675,000$675,000–$1,050,000+
200 m²$500,000–$660,000$660,000–$900,000$900,000–$1,400,000+
250 m²$625,000–$825,000$825,000–$1,125,000$1,125,000–$1,750,000+
300 m²$750,000–$990,000$990,000–$1,350,000$1,350,000–$2,100,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Hobart

Building a new house in Hobart costs $2,400–$3,200/m² for a standard volume build in 2026, $3,200–$4,200/m² for mid-range and $4,200–$6,500+/m² for a premium custom home. ABS completions imply $2,538/m²1 across Tasmania in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Hobart construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$360,000–$480,000$480,000–$630,000$630,000–$975,000+
200 m²$480,000–$640,000$640,000–$840,000$840,000–$1,300,000+
250 m²$600,000–$800,000$800,000–$1,050,000$1,050,000–$1,625,000+
300 m²$720,000–$960,000$960,000–$1,260,000$1,260,000–$1,950,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Cost to build a house in Darwin

Building a new house in Darwin costs $2,600–$3,500/m² for a standard volume build in 2026, $3,500–$4,800/m² for mid-range and $4,800–$7,500+/m² for a premium custom home. ABS completions imply $2,302/m²1 across the NT in 2024–255, a rate that reflects contracts signed a year or two earlier.

Ready reckoner: Darwin construction cost by home size and budget tier, 2026 (excludes land).
Home sizeStandard / VolumeMid-range / Semi-customPremium / Fully custom
150 m²$390,000–$525,000$525,000–$720,000$720,000–$1,125,000+
200 m²$520,000–$700,000$700,000–$960,000$960,000–$1,500,000+
250 m²$650,000–$875,000$875,000–$1,200,000$1,200,000–$1,875,000+
300 m²$780,000–$1,050,000$1,050,000–$1,440,000$1,440,000–$2,250,000+

Source · Altus Group Q4 2025; RLB Q1 2026; BMT Cost Data, 2026. Cost = per-m² rate for the tier × floor area. Assumes a flat, accessible site with M-class soil; sloping blocks, reactive soils, site works and soft costs are extra.

Section 06 · Land vs construction

How much do land prices add to the cost of a new home?

Land prices in Australia have risen far faster than building costs. Construction and skilled labour costs rose by approximately 150% over the past 25 years. Residential land prices surged by more than 500% over the same period6, more than double the Consumer Price Index and five times the rate of building material inflation.

National median lot price (Mar qtr 2026)
$403,570
Up 8.7% on a year earlier · HIA–Cotality
Total land + build (national avg, 2026)
$878,509
Median land $403,570 + ABS avg build $474,939 (2024–25)
Sydney median lot price (2025)
$666,670
Before a slab is poured

The old 40/60 rule (where land accounts for 40% of total project value and the dwelling 60%) no longer holds in Sydney and is increasingly hard to meet in Brisbane and Melbourne. A mid-range 200 m² build in Sydney costs $640,000–$900,000 to construct; the median Sydney lot takes that project well above $1.3 million before landscaping, driveways or fencing.

The shortage is not land itself. It is shovel-ready land. State and local government zoning timelines, infrastructure servicing delays and developer contribution levies are all embedded in the retail lot price. Capital city lot sales fell 35.4% year-on-year in late 2025 as buyers hit their borrowing limits, yet median prices kept rising.

Section 07 · Government share

Government taxes and charges on a new home, by city

A 2025 independent review of housing taxation identified how much of a new home's total cost flows to government through taxes, levies, infrastructure charges and regulatory compliance. The review found that housing carries one of the heaviest tax burdens of any consumer item in the Australian economy. GST applies only to new construction, stamp duty is levied on land and councils pass infrastructure contribution charges directly to the buyer. Those costs are typically financed through the mortgage, adding up to 30 years of interest on top of the original tax bill.

Capital cityTaxes on house & land packageShare of totalChange since 2019Taxes on new apartmentApt. share
Sydney$576,000approx. 50%+$160k (+38%)$346,00038%
Brisbane$257,00034%+$179k (+106%)$256,00034%
Melbourne$237,00032%+$47k since 2019$236,00032%
Perthn/aapprox. 30%n/a$149,00030%
Adelaiden/aapprox. 31%n/a$183,00031%

Source · Centre for International Economics / HIA, Taxation's Major Impact on Housing, 2025. Government costs include GST, stamp duty on land, infrastructure charges and developer contribution levies. These are typically financed over a mortgage, compounding the total amount paid. Perth and Adelaide house-and-land package totals were not published in this review.

The same review identified a significant "time tax." Development approvals for a subdivision now take over a year on average, with seven months attributed to avoidable delays7. In a high-rate environment, holding costs on development land during that wait compound directly into the final price.

Section 08 · Build vs Buy

Is it cheaper to build or buy a house in Australia?

The dollar gap between buying established and building has grown from $85,300 in 2015 to $228,253 in 2025. That widening is mostly the story of established home prices accelerating, not building becoming cheaper. In real terms, building a new home now costs significantly more than it did a decade ago. However, the price advantage of the land-and-build pathway has held in every year of the period.

Build cheaper by (2025)
$228,253
20.9% below the ABS mean established price
Narrowest gap (2019)
$76,800
11.2% · post-boom correction year
Widest gap (2021)
$266,800
29.1% · established prices spiked first
National cost comparison: land-and-build vs established home (2015–2025)Modelled national averages. Established prices are the ABS mean price of residential dwellings, December quarters(Cat. 6432.0); build totals via HIA–CoreLogic median land + ABS construction averages.Established home mean price (ABS)Land-and-build total (modelled)ABS Total Value of Dwellings (Cat. 6432.0), Table 1, December-quarter mean price of residentialdwellings; ABS Building Activity, Australia, Dec 2025; HIA–CoreLogic Residential Land Report.$200K$400K$600K$800K$1M$1.2M201520172019202120232025Year

Section 09 · First home buyers

First home owner grants and concessions by state (2026)

Queensland offers the most generous grant nationally at $30,000, extended beyond June 2026 in the 2026–27 state budget8; Tasmania's grant fell to $20,000 for contracts signed from 1 July 20269. The federal 5% Deposit Scheme lets eligible buyers build or purchase with as little as a 5% deposit (2% for single parents)10, bypassing Lenders Mortgage Insurance entirely. The First Home Super Saver Scheme allows voluntary super contributions to be withdrawn at concessional tax rates to fund a deposit.

Grants help individual buyers reach the deposit threshold. In a supply-constrained market, however, part of their value can flow into higher land and property prices.

State / TerritoryFHOG (2026)Key conditions and stamp duty concessions
Queensland$30,000Most generous nationally. Extended beyond 30 June 2026 in the 2026–27 state budget. New home must be valued under $750,000. Stamp duty abolished for first home buyers on new homes.
Tasmania$20,000Reduced from $30,000: $20,000 for contracts signed 1 July 2026–30 June 2027. No property price cap on the grant. The full stamp duty exemption on established homes under $750,000 ended 30 June 2026.
South Australia$15,000No property value cap for contracts signed post-June 2024. Zero stamp duty for eligible first-home buyers on new builds.
New South Wales$10,000New builds up to $600,000 (or building contracts to $750,000). Supplemented by the First Home Buyer Assistance Scheme for stamp duty concessions.
Victoria$10,000New homes up to $750,000. Full stamp duty exemption under $600,000; sliding-scale concession to $750,000.
Western Australia$10,000New builds only.
Northern Territory$10,000New builds. Supplemented by specific home renovation grants for targeted demographic categories.
ACTNil (replaced)FHOG abolished. Replaced by the Home Buyer Concession Scheme (HBCS), offering means-tested stamp duty concessions up to $35,238.

References

  1. ABS Building Activity, Australia, December 2025 — Average Cost of New Dwellings (data cube) · Australian Bureau of Statistics ↑ b c d e f g h i j k
  2. HIA, Housing target depends on faster land supply — HIA–Cotality Residential Land Report, March quarter 2026 · hia.com.au ↑
  3. ABS, Consumer Price Index, Australia, September 2026 · Australian Bureau of Statistics ↑
  4. RLB Australia Market Intelligence, Q3 2026 — Australia summary · rlb.com ↑ b c d e f g
  5. ABS Building Activity, Australia, December 2025 — Average Floor Area of New Dwellings (data cube) · Australian Bureau of Statistics ↑ b c d e f g h i
  6. HIA–CoreLogic Residential Land Report, Q3 2025 · hia.com.au ↑
  7. CIE / HIA, Taxation's Major Impact on Housing (2025 Report) · hia.com.au ↑
  8. Queensland Government, A Place to Call Home: Extending the $30,000 first home owner grant · aplacetocallhome.initiatives.qld.gov.au ↑
  9. First Home Owner Grant eligibility and historical amounts · sro.tas.gov.au ↑
  10. Australian Government 5% Deposit Scheme, 2026 · firsthomebuyers.gov.au ↑
  11. ABS Building Activity, Australia, March 2026 (Cat. 8752.0) · Australian Bureau of Statistics
  12. ABS Characteristics of New Residential Dwellings, 15-Year Summary · Australian Bureau of Statistics
  13. ABS Consumer Price Index, Australia (latest release, Cat. 6401.0) · Australian Bureau of Statistics
  14. Altus Group, Australian Construction Price Outlook Q4 2025 · altusgroup.com
  15. RLB Australia Market Intelligence Update, Q1 2026 · rlb.com
  16. Master Builders Australia, New home building inflation hits 16-month high · masterbuilders.com.au
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