Home Loans in the ACT - Compare Rates from 70+ Lenders

Q: What is the average home loan interest rate in the ACT in 2026?

In the Australian Capital Territory, the average variable home loan interest rate for owner-occupiers paying principal and interest is approximately 6.78% as of 2 November 2026. The lowest variable rates available to ACT borrowers start from 5.93% p.a. (6.28% comparison rate) from online lenders. Fixed rates start from 6.09% p.a. (6.24% comparison rate). These rates assume an 80% loan-to-value ratio on a standard owner-occupier loan. Canberra's higher median property price of ~$850,000 means larger loan sizes and higher monthly repayments compared to most other states, with typical repayments of $4,000-$4,200 on a median home.

Q: Which banks offer the best home loan rates in the ACT?

In the Australian Capital Territory, the best home loan rates as of 2026 come from a mix of online and traditional lenders. Unloan (backed by CommBank) offers a competitive variable rate with offset and redraw. Athena offers a competitive rate with automatic rate matching. Among the major banks, ING leads, followed by Macquarie and CommBank. All major banks have strong Canberra branch networks. Beyond Bank Australia, headquartered in Canberra, is a prominent local credit union offering competitive rates with strong community ties. The ACT's high average incomes mean most borrowers qualify for the best advertised rates.

Q: How much deposit do I need for a home in Canberra?

To purchase a home in Canberra at the median house price of approximately $850,000, you would ideally need a 20% deposit of $170,000 to avoid paying Lenders Mortgage Insurance (LMI). The minimum deposit most lenders accept is 5%, which is $42,500 for an $850,000 property. First home buyers in the ACT can benefit from the full stamp duty exemption on properties up to approximately $1,020,000, saving up to $30,000+ compared to standard buyers. The federal First Home Guarantee allows 5% deposits without LMI, with a price cap of $750,000 in the ACT. Canberra's high average household incomes help offset the higher deposit requirements.

Q: Why doesn't the ACT have a First Home Owner Grant?

The Australian Capital Territory is the only Australian jurisdiction that does not offer a First Home Owner Grant (FHOG). Instead, the ACT Government provides first home buyers with a full stamp duty exemption on properties valued up to approximately $1,020,000 (threshold indexed annually). This exemption is worth up to approximately $30,000+ on a property near the threshold, which is comparable to or more valuable than the FHOG offered in other states. The ACT Government chose this approach as part of its broader tax reform strategy, which is gradually reducing stamp duty while increasing general rates (annual land tax equivalent). For first home buyers purchasing above the threshold, a concessional rate applies.

Q: What government support is available for first home buyers in the ACT?

First home buyers in the ACT can access several forms of government support. The ACT Home Buyer Concession Scheme provides a full stamp duty exemption on properties valued up to approximately $1,020,000 (indexed annually) - the most generous stamp duty concession in Australia. There is no FHOG in the ACT, but the stamp duty saving can exceed $30,000. The federal First Home Guarantee allows 5% deposits without LMI (price cap $1,000,000 in the ACT, unlimited places and no income cap since October 2025). The federal Help to Buy shared equity scheme requires just a 2% deposit. The ACT Sustainable Household Scheme provides zero-interest loans up to $20,000 for energy efficiency improvements. From 1 July 2026 the Home Buyer Concession Scheme has no income threshold or property value cap.

Q: What is stamp duty on an $850,000 property in the ACT?

Stamp duty on an $850,000 property in the ACT is approximately $26,900 for a standard purchaser. This is calculated as $21,000 plus $5.90 per $100 over $750,000. However, first home buyers in the ACT are fully exempt from stamp duty on properties valued up to approximately $1,020,000 (threshold indexed annually), making it the most generous FHB stamp duty concession in Australia. The ACT is unique in that it does not offer a First Home Owner Grant - instead, the stamp duty exemption serves as the primary government support for first home buyers. Foreign buyers pay an additional surcharge on top of standard duty.

Q: How does ACT land tax reform affect home buyers?

The ACT is Australia's pioneer in stamp duty reform, having begun a 20-year transition from stamp duty to broad-based annual land tax (general rates) in 2012. This means ACT stamp duty rates have been progressively reduced while general rates have increased. For home buyers, this reform has several implications: first home buyers benefit from the most generous stamp duty exemption nationally (up to ~$1.02M). For investors and subsequent purchasers, ongoing general rates are higher than in other jurisdictions but upfront stamp duty costs are lower. The reform aims to reduce the barrier to property transactions and make housing more accessible. Other states, particularly Victoria, are now following the ACT's lead with their own stamp duty reform proposals.

Q: What are the hidden costs of buying a home in the ACT?

Beyond the purchase price and stamp duty, buying a home in the ACT involves several additional costs. Conveyancing fees typically run $800-$1,500. Building and pest inspections cost $400-$700. The ACT uses a leasehold land system, so buyers should check Crown lease conditions and any remaining lease term. Loan application fees range from $0-$600. Lenders Mortgage Insurance (LMI) applies if your deposit is below 20% and can cost $8,000-$30,000 on a Canberra property. Land title registration fees are approximately $400-$500. The ACT has higher annual general rates than other states (part of the land tax reform), typically $3,000-$6,000 per year depending on the property's unimproved land value. Budget an additional 3-5% of the purchase price for upfront costs.

Q: What is the median house price in Canberra in 2026?

The median house price in Canberra is approximately $850,000 as of early 2026, according to CoreLogic data. Canberra's market has shown moderate growth of approximately 3-5% over the 12 months to September 2026, recovering from a brief correction in 2023. The median unit price in Canberra is approximately $550,000. Prices range from $600,000-$700,000 in outer suburbs like Tuggeranong, Belconnen, and Gungahlin to over $1.5 million in inner-south suburbs like Griffith, Red Hill, and Forrest. Canberra consistently ranks among Australia's most expensive capital city markets, behind only Sydney. The ACT's strong public sector employment base provides stability to the property market.

Q: What is the ACT Sustainable Household Scheme?

The ACT Sustainable Household Scheme is a government-backed program offering zero-interest loans of up to $20,000 (the cap rose from Sustainable Household Scheme is a government-backed program offering zero-interest loans of up to $20,0005,000 on 1 July 2026; applicants complete a free Climate Choices workshop first) for homeowners and renters to install energy-efficient improvements including rooftop solar, battery storage, electric vehicle charging, efficient heating/cooling, and insulation. The loans are repaid through a quarterly levy on electricity bills over up to 10 years. This is widely regarded as the best green finance program in Australia at the state/territory level. For home loan borrowers, combining a green home loan discount (0.10-0.30% from select lenders) with the Sustainable Household Scheme can significantly reduce both energy costs and mortgage interest. The scheme is available to all ACT households, not just first home buyers.

Compare home loan rates available to Australian Capital Territory borrowers. Canberra median property price is ~$850K. Access the most generous FHB stamp duty exemption nationally (up to ~$1.02M) and the Sustainable Household Scheme.

Rates updated 2 November 2026

Loan purpose

Repayment type

Loan amount

100% free. No impact on your credit score. Default loan amount based on 80% LVR on Canberra median.

Where ACT home loan rates sit today

Rates rising

4.60%

RBA Cash Rate

Up from 4.35% - 29 Sept 2026

$680K

Median New Loan

Public-sector stability

From 6.09%

Lowest Fixed Rate

6.24% comparison rate

Canberra’s median new mortgage around $680K reflects its stable public-sector workforce and strong household incomes. The RBA has lifted the cash rate to 4.60% (up from 4.35%), so ACT borrowers are well placed to compare new loans and refinances.

70+ lenders in ACT Updated daily FHB stamp duty exempt to ~$1.02M Canberra & surrounds

Australian Capital Territory Home Loan Key Facts

ACT at a glance · 2026

6.78%

Avg variable rate

Owner-occ · lowest 5.93%

$850K

Canberra median price

Median unit ~$550K

$560K

Average loan size

2nd highest nationally

$26,900

Stamp duty (median)

Standard buyer · $850K home

FHB stamp duty exemption

Full exemption up to ~$1.02M, indexed annually.

Key ACT features

Only jurisdiction with no FHOG (stamp-duty concession instead), land-tax reform pioneer, Sustainable Household Scheme - best green finance nationally.

Sources: CoreLogic, RBA Table F6, ABS Lending Indicators, ACT Revenue Office. Data as of 11 September 2026.

Best Home Loan Rates in Canberra and the ACT

Rates shown are available to ACT borrowers. All lenders listed actively lend in the Australian Capital Territory. Monthly repayments are estimated based on an $850K property with 20% deposit ($680,000 loan) over 30 years.

Lender	Product	Rate (p.a.)	Comparison Rate	Monthly ($680K/30yr)	Features
SCCU	EMONEY HOME LOAN	5.93%	6.28%	$4,046	Offset, Redraw
SCCU	BROKER HOME LOAN	5.93%	6.28%	$4,046	Offset, Redraw
NORTHERN INLAND CREDIT UNION LTD.	Value Home Loan - Owner Occupied	5.94%	5.98%	$4,051	Redraw, Digital banking
The Mutual Bank	Budget Home Loan	6.04%	6.04%	$4,094	Digital banking, Redraw
Greater Bank	Discounted Great Rate Home Loan - Variable Owner Occupied	6.09%	6.10%	$4,116	Redraw, Digital banking
Macquarie verified Sep 23	Basic Home Loan	6.09%	6.11%	$4,116	Offset, Redraw
South West Slopes Credit Union	Intro Discounted Standard Variable Home Loan	6.10%	6.10%	$4,121	Digital banking, Redraw, Offset, NPP
South West Slopes Credit Union	Optimum 2 Year Fixed Rate Home Loan	6.10%	6.10%	$4,121	Digital banking, NPP, Redraw
South West Slopes Credit Union	Optimum 3 Year Fixed Rate Home Loan	6.10%	6.10%	$4,121	Digital banking, NPP, Redraw
POLICE CREDIT UNION LIMITED	Low Rate Home Loan Special Offer - Owner Occupied	6.14%	6.18%	$4,138	Digital banking, NPP, PayID, Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	REFI SPECIAL OWNER OCCUPIED	6.14%	6.24%	$4,138	Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	2 FIXED RATE HOME LOAN	6.14%	6.14%	$4,138	Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	1 YEAR FIXED RATE LOAN	6.14%	6.14%	$4,138	Offset, Redraw
Bendigo Bank	Bendigo Express Home Loan	6.14%	6.27%	$4,138	Redraw, Offset
Community First Credit Union	Go Basic Variable Home Loan - Owner-occupied LVR 80% (Principal and Interest)	6.15%	6.20%	$4,143	Digital banking, Redraw
MACARTHUR CREDIT UNION LTD	GOVT LOW DEP VARIABLE OOC PI	6.17%	6.24%	$4,152	Redraw, Digital banking, PayID, NPP
Bank of China	Discount Home Loan (With Principal and Interest Repayment)	6.18%	6.38%	$4,156	Redraw, Digital banking
Bank of China	Discount Plus Home Loan (with Principal and Interest Repayment)	6.18%	6.56%	$4,156	Redraw, Offset, Digital banking
Bank of us	Flexidiscount Home Loan	6.19%	6.19%	$4,160	Redraw, Digital banking, NPP
FIRST OPTION BANK	SIMPLE HOME LOAN	6.19%	6.19%	$4,160	Digital banking, Redraw
Border Bank	Customs Value Home Loan	6.19%	6.26%	$4,160	Redraw, Offset
Up	Up Home Loan	6.20%	6.20%	$4,165	Digital banking, Offset, Redraw
Bank of us	TOPLINE HOME LOAN	6.24%	6.24%	$4,182	NPP, Redraw, Digital banking, Offset
UNITY BANK	Momentum Home Loan 60LVR - Owner Occupier - Variable - P&I SO	6.24%	6.29%	$4,182	Offset, Redraw, PayID, NPP, Digital banking
BankWAW	Back to Basics Owner Occupied	6.24%	6.29%	$4,182	Redraw
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest - Local Choice Loan - LVR < 60%	6.24%	6.30%	$4,182	Redraw, Offset
Bank First Production	Basic Home Loan Variable LVR<60%	6.24%	6.29%	$4,182	Redraw, PayID, Digital banking
FIRST OPTION BANK	COMPLETE PACKAGE HOME LOAN	6.24%	6.59%	$4,182	Redraw, Digital banking, Offset
Police Bank	Goldrate Home Loan	6.24%	6.31%	$4,182	Redraw, Offset
BankVic	Home Loan Special Variable Rate	6.24%	6.24%	$4,182	Redraw, Offset
Border Bank	Goldrate Home Loan	6.24%	6.31%	$4,182	Offset, Redraw
NORTHERN INLAND CREDIT UNION LTD.	Dream Home Loan New Borrowing	6.24%	6.58%	$4,182	Redraw, Offset, Digital banking
NORTHERN INLAND CREDIT UNION LTD.	Dream Home Loan New Borrowing INV	6.24%	6.58%	$4,182	Redraw, Offset, Digital banking
HUME BANK LIMITED	liteBlue O/Occ P+I (up to 60%LVR)	6.24%	6.25%	$4,182	Digital banking, Redraw
Community First Credit Union	BOOST PACKAGE HOME LOAN - OWNER-OCCUPIED LVR 80% (Principal and Interest)	6.29%	6.66%	$4,205	Offset, Redraw, Digital banking
ING	Mortgage Simplifier	6.29%	6.32%	$4,205	Digital banking, PayID, NPP, Redraw
Bank First Production	Basic Home Loan Variable LVR 60-70%	6.29%	6.34%	$4,205	Redraw, PayID, Digital banking
A-Auswide Bank	BASIC HOME LOAN	6.29%	6.32%	$4,205	Redraw, NPP, PayID
Tiimely	Tiimely Basic Home Loan	6.29%	6.30%	$4,205	Redraw
Easystreet	STREET SMART VARIABLE HOME LOAN - OWNER-OCCUPIED (Principal and Interest)	6.29%	6.34%	$4,205	Offset, Redraw
Credit Union SA	Variable Home Loan Package Specials	6.29%	6.66%	$4,205	Redraw, Offset, Digital banking
NRMA Insurance	NRMA Basic Home Loan	6.33%	6.37%	$4,222	Redraw
UNITY BANK	Advantage Home Loan - Owner Occupied - Variable P&I - Without Offset	6.34%	6.39%	$4,227	Redraw, PayID, NPP, Digital banking
UNITY BANK	Momentum Home Loan 60-80LVR - Owner Occupier - Variable - P&I SO	6.34%	6.39%	$4,227	Offset, Redraw, PayID, NPP, Digital banking
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR <60%	6.34%	6.72%	$4,227	Offset, PayID, Digital banking, Redraw
BankWAW	Home Equity Loan Owner Occupied	6.34%	6.37%	$4,227	Redraw
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest - Local Choice Loan - LVR 60-70%	6.34%	6.40%	$4,227	Redraw, Offset
Bank First Production	Complete Home Loan Owner Occupied Variable LVR <60%	6.34%	6.39%	$4,227	Offset, PayID, Digital banking, Redraw
Bank First Production	Basic Home Loan Variable LVR 70-80%	6.34%	6.39%	$4,227	Redraw, PayID, Digital banking
CENTRAL WEST CREDIT UNION LTD	Premium Smart Home Loan	6.34%	6.40%	$4,227	Redraw, Offset, Digital banking
Credit Union SA	40 Year Home Loan Package	6.34%	6.71%	$4,227	Redraw, Offset, Digital banking
HUME BANK LIMITED	liteBlue O/Occ P+I (60%-80% LVR)	6.34%	6.35%	$4,227	Digital banking, Redraw
Credit Union SA	Variable Home Loan Package Specials	6.34%	6.71%	$4,227	Redraw, Offset, Digital banking
HUME BANK LIMITED	myBlue Variable O/Occ P+I (up to 60% LVR)	6.34%	6.34%	$4,227	Redraw, Digital banking, Offset
BankVic	Fixed Rate Home Loan - 5 years	6.35%	6.35%	$4,231
BankVic	Fixed Rate Home Loan - 4 years	6.35%	6.35%	$4,231
BankVic	Fixed Rate Home Loan - 3 years	6.35%	6.35%	$4,231
BankVic	Fixed Rate Home Loan - 1 year	6.35%	6.35%	$4,231
BankVic	Fixed Rate Home Loan - 2 years	6.35%	6.35%	$4,231
BankVic	Home Loan Variable Rate	6.35%	6.35%	$4,231	Redraw
BNK Bank (Goldfields Money/BCHL)	Gold Prime Residential Basic Home Loans	6.35%	6.38%	$4,231	Digital banking, Redraw
Qudos Bank	Low Cost Value Package	6.38%	6.56%	$4,245	Offset, Redraw
Qudos Bank	No Frills Home Loan	6.38%	6.38%	$4,245	Digital banking, NPP, PayID, Redraw
Qantas Money	QANTAS Money Basic Home Loan	6.38%	6.45%	$4,245	Redraw
Bendigo Bank	Bendigo Easy Home Loan	6.38%	6.40%	$4,245	Redraw
CommBank	Digi Home Loan (Owner Occupied)	6.39%	6.41%	$4,249	Redraw, Digital banking, Offset
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR 60-70%	6.39%	6.77%	$4,249	Digital banking, PayID, Redraw, Offset
Bank First Production	Complete Home Loan Owner Occupied Variable LVR 60-70%	6.39%	6.44%	$4,249	PayID, Digital banking, Redraw, Offset
BankVic	Offset Variable Rate Home Loan	6.39%	6.39%	$4,249	Redraw, Offset
POLICE CREDIT UNION LIMITED	Low Rate Home Loan - Owner Occupied	6.39%	6.46%	$4,249	Digital banking, NPP, PayID, Redraw, Offset
POLICE CREDIT UNION LIMITED	Renovation Loan - Owner Occupied	6.39%	6.46%	$4,249	Digital banking, NPP, PayID, Redraw, Offset
ORANGE CREDIT UNION LTD	Basic Variable Rate Home Loan	6.39%	6.44%	$4,249	Redraw
Bendigo Bank	Single Parents (Bendigo Complete Home Loan)	6.43%	6.65%	$4,267	Offset, Redraw
Unloan Prod	Unloan Home Loan	6.44%	6.35%	$4,271	Digital banking, Redraw, NPP
Bank of Queensland	Economy Variable Home Loan	6.44%	6.58%	$4,271	Redraw, Digital banking
THE CAPRICORNIAN	Variable Rate Offset Home Loan	6.44%	6.44%	$4,271	Offset, PayID, Digital banking, NPP, Redraw
UNITY BANK	Advantage Home Loan - Owner Occupied - Variable P&I - With Offset	6.44%	6.49%	$4,271	Redraw, Offset, PayID, Digital banking, NPP
UNITY BANK	Momentum Home Loan 80LVR - Owner Occupier - Variable - P&I SO	6.44%	6.49%	$4,271	Offset, Redraw, PayID, NPP, Digital banking
ING	Orange Advantage	6.44%	6.73%	$4,271	Digital banking, PayID, NPP, Redraw, Offset
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR 70-80%	6.44%	6.82%	$4,271	PayID, Digital banking, Redraw, Offset
Greater Bank	Discounted Ultimate Packaged Home Loan - Variable Owner Occupied	6.44%	6.80%	$4,271	Offset, Digital banking, Redraw
Bank First Production	Complete Home Loan Owner Occupied Variable LVR 70-80%	6.44%	6.49%	$4,271	Offset, PayID, Digital banking, Redraw
Bank of Sydney	BOS Basic Home Loan Owner Occupied	6.44%	6.48%	$4,271	Redraw, Digital banking
The Mutual Bank	Package Home Loan	6.44%	6.80%	$4,271	Offset, Redraw, Digital banking
NAB	NAB Tailored Home Loan	6.44%	6.57%	$4,271	Offset, Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ P+I (60.01 - 80.00% LVR)	6.44%	6.44%	$4,271	Redraw, Digital banking, Offset
Community First Credit Union	Go Basic Variable Home Loan - Owner-occupied LVR 95% (Principal and Interest)	6.45%	6.50%	$4,276	Digital banking, Redraw
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest - Local Choice Loan - LVR 70-80%	6.49%	6.55%	$4,294	Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	BASIC VARIABLE LOAN	6.49%	6.59%	$4,294	Redraw, Offset
Cairns Bank	CLASSIC HOME LOAN VARIABLE <60 LVR PI	6.49%	5.95%	$4,294	Redraw
Aussie Home Loans	Aussie Elevate Basic Home Loan	6.54%	6.56%	$4,316	Redraw
Connective Select Home Loans	Connective Select Basic Home Loan	6.54%	6.56%	$4,316	Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Fixed 12 mths P&I Owner Occupied	6.54%	6.54%	$4,316	Offset, Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Fixed 24 mths P&I Owner Occupied	6.54%	6.54%	$4,316	Offset, Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Fixed 36 mths P&I Owner Occupied	6.54%	6.54%	$4,316	Offset, Redraw
Cairns Bank	CLASSIC HOME LOAN VARIABLE 60-80 LVR PI	6.54%	6.00%	$4,316	Redraw
AFG Home Loans Alpha	AFG Alpha Basic Home Loan	6.54%	6.56%	$4,316	Redraw
HUME BANK LIMITED	liteBlue O/Occ P+I (80%-90% LVR)	6.54%	6.55%	$4,316	Digital banking, Redraw
Community First Credit Union	BOOST PACKAGE HOME LOAN - OWNER-OCCUPIED LVR 95% (Principal and Interest)	6.59%	6.96%	$4,338	Offset, Redraw, Digital banking
Unknown lender	Standard Variable Plus	6.59%	6.75%	$4,338	Redraw, Offset
Cairns Bank	PLUS HOME LOAN VARIABLE <60 LVR	6.59%	6.27%	$4,338	Redraw, Offset
LCU	Intelligent Mortgage 1 Year Fixed	6.60%	6.61%	$4,343	Redraw, Digital banking, NPP, PayID
LCU	Intelligent Mortgage 2 Years Fixed	6.60%	6.63%	$4,343	Redraw, Digital banking, NPP, PayID
LCU	Intelligent Mortgage Variable	6.60%	6.62%	$4,343	Redraw, Offset, Digital banking, NPP, PayID
THE CAPRICORNIAN	No Frills Owner Occupied Home Loan	6.64%	6.69%	$4,361	PayID, NPP, Digital banking, Redraw
Bank of Sydney	Expect More Home Loan Owner Occupied	6.64%	6.79%	$4,361	Digital banking, Offset, Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Variable	6.64%	6.69%	$4,361	Offset, Redraw
Cairns Bank	PLUS HOME LOAN VARIABLE 60-80 LVR PI	6.64%	6.32%	$4,361	Redraw, Offset
Bank Australia	Basic Home Loan	6.64%	6.64%	$4,361	Digital banking, Redraw
Bank Australia	Offset Home Loan	6.64%	6.82%	$4,361	Digital banking, Offset, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ P+I (80.01-90.00% LVR)	6.64%	6.64%	$4,361	Redraw, Digital banking, Offset
Bank First Production	Premier Package Home Loan Owner Occupied Construction Variable LVR<80%	6.69%	6.85%	$4,383	PayID, Digital banking, Redraw, Offset
Bank First Production	Complete Home Loan Owner Occupied Construction Variable LVR<80%	6.69%	6.51%	$4,383	Offset, PayID, Digital banking, Redraw
NAB	NAB Base Variable Rate Home Loan	6.69%	6.69%	$4,383	Redraw, Digital banking
NORTHERN INLAND CREDIT UNION LTD.	Dream Home Loan Variable PI Owner Occupied	6.69%	7.03%	$4,383	Redraw, Offset, Digital banking
RACQ Bank	Fair Dinkum Home Loan	6.69%	6.69%	$4,383	Digital banking, NPP
Liberty Financial	Low rate home loan	6.74%	6.82%	$4,406	Redraw
TRANSPORT MUTUAL CREDIT UNION LTD	STANDARD VARIABLE LOAN	6.74%	6.84%	$4,406	Redraw, Offset
Defence Bank Limited	Premier Low Rate	6.74%	6.74%	$4,406	Redraw
Cairns Bank	CLASSIC HOME LOAN VARIABLE 80-90 LVR PI	6.74%	6.20%	$4,406	Redraw
HUME BANK LIMITED	liteBlue O/Occ I/O(up to 60% LVR)	6.74%	6.48%	$4,406	Digital banking, Redraw
Community First Credit Union	Community Advantage Variable Owner Occupied (Principal and Interest)	6.79%	6.84%	$4,429	Redraw
Qudos Bank	Construction Home Loan	6.79%	6.65%	$4,429
RACQ Bank	Mortgage Saver Home Loan	6.79%	6.83%	$4,429	Digital banking, NPP, Redraw
Bank of Queensland	Clear Path Variable Home Loan	6.84%	6.96%	$4,451	Offset, Redraw
Liberty Financial	Debt consolidation home loan	6.84%	7.11%	$4,451	Offset, Redraw
Liberty Financial	Flexible home loan	6.84%	7.11%	$4,451	Offset, Redraw
Bank First Production	Basic Home Loan Variable LVR 80-90%	6.84%	6.89%	$4,451	Redraw, PayID, Digital banking
Defence Bank Limited	Premier Home Loan	6.84%	6.84%	$4,451	Offset, Redraw
Defence Bank Limited	Ultimate Essentials Construction (INV)	6.84%	6.93%	$4,451	Offset, Digital banking, Redraw
AMP - My AMP	Equity Flex	6.84%	7.15%	$4,451	Redraw, Offset, Digital wallet, Digital banking
Cairns Bank	PLUS HOME LOAN VARIABLE 80-90 LVR PI	6.84%	6.51%	$4,451	Redraw, Offset
HUME BANK LIMITED	liteBlue O/Occ I/O (60%-80% LVR)	6.84%	6.58%	$4,451	Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ I/O (up to 60% LVR)	6.84%	6.56%	$4,451	Redraw, Digital banking, Offset
HORIZON BANK	Home Sweet Home Loan	6.89%	7.12%	$4,474	Redraw, Digital banking, NPP, Offset
IMB Bank	Essentials Home Loan	6.89%	7.00%	$4,474	Offset, Digital banking, Redraw
IMB Bank	Budget Home Loan	6.89%	6.95%	$4,474	Digital banking, Redraw
AMB Bank Product	DHOAS Construction Loan	6.89%	6.92%	$4,474
AMB Bank Product	DHOAS Rate Saver Home Loan	6.89%	6.92%	$4,474	Redraw
RACQ Bank	Mortgage Breaker Owner Occupied	6.89%	6.93%	$4,474	NPP, Digital banking, Offset, Redraw
Bank of us	TOPLINE RES. INV. LOAN	6.94%	7.01%	$4,497	NPP, Redraw, Digital banking, Offset
THE CAPRICORNIAN	Lifestyle Home Loan	6.94%	6.99%	$4,497	Offset, PayID, NPP, Digital banking, Redraw
St. George Bank	Basic Variable Home Loan	6.94%	6.95%	$4,497	Redraw, Digital banking
Bank of Melbourne	Basic Variable Home Loan	6.94%	6.95%	$4,497	Redraw, Digital banking
Bank First Production	Complete Home Loan Owner Occupied Variable LVR >80% <90%	6.94%	6.99%	$4,497	Offset, PayID, Digital banking, Redraw
BankSA	Basic Variable Home Loan	6.94%	6.95%	$4,497	Redraw, Digital banking
POLICE CREDIT UNION LIMITED	Better Home Loan 80% LVR - Owner Occupied	6.94%	7.01%	$4,497	Digital banking, NPP, PayID, Redraw, Offset
POLICE CREDIT UNION LIMITED	Better Home Loan 90% LVR - Owner Occupied	6.94%	7.01%	$4,497	Digital banking, NPP, PayID, Redraw, Offset
QBANK	Classic Home Loan	6.94%	6.96%	$4,497	Redraw
Cairns Bank	CLASSIC HOME LOAN VARIABLE >90 LVR PI	6.94%	6.40%	$4,497	Redraw
HUME BANK LIMITED	liteBlue O/Occ P+I (90%-95% LVR)	6.94%	6.95%	$4,497	Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ I/O (60.01 - 80.00% LVR)	6.94%	6.66%	$4,497	Redraw, Digital banking, Offset
Newcastle Permanent	Real Deal Home Loan Principal and Interest	6.99%	7.03%	$4,519	Redraw, Digital banking
MACARTHUR CREDIT UNION LTD	LOW LVR OOC P&I	6.99%	7.06%	$4,519	Redraw
AMB Bank Product	Construction Loan	6.99%	7.02%	$4,519
AMB Bank Product	RateSaver Home Loan	6.99%	7.02%	$4,519	Redraw
CENTRAL WEST CREDIT UNION LTD	Minimiser Home Loan	7.04%	7.10%	$4,542	Redraw, Digital banking
Defence Bank Limited	Ultimate Essentials I/O Con	7.04%	7.13%	$4,542	Offset, Digital banking
QBANK	Classic Plus Home Loan	7.04%	7.31%	$4,542	Offset, Redraw
Defence Bank Limited	Ultimate Essentials Variable	7.04%	7.13%	$4,542	Digital banking, Offset, Redraw
AMB Bank Product	DHOAS Value Home Loan	7.04%	7.07%	$4,542	Offset, Redraw
AMB Bank Product	DHOAS Standard Variable Home Loan	7.04%	7.07%	$4,542	Redraw, Offset
AMP - My AMP	AMP Essential Home Loan	7.04%	7.07%	$4,542	Redraw
Cairns Bank	PLUS HOME LOAN VARIABLE >90 PI	7.04%	6.71%	$4,542	Redraw, Offset
HUME BANK LIMITED	liteBlue O/Occ I/O (80%-90% LVR)	7.04%	6.78%	$4,542	Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ P+I (90.01 -95.00% LVR)	7.04%	7.04%	$4,542	Redraw, Digital banking, Offset
Westpac	Flexi First: Our lowest online variable home loan rate (Owner Occupied)	7.09%	7.10%	$4,565	Redraw, Digital banking
Bank of us	FLEXICHOICE HOME LOAN	7.11%	7.32%	$4,574	NPP, Redraw, Digital banking, Offset
NRMA Insurance	NRMA Offset Home Loan	7.13%	7.33%	$4,584	Offset, Redraw
Bendigo Bank	Bendigo Complete Home Loan	7.13%	7.35%	$4,584	Offset, Redraw
Bendigo Bank	Bendigo Flex Home Loan	7.13%	7.30%	$4,584	Offset, Redraw
Bendigo Bank	Bendigo Flex Home Loan (Retail)	7.13%	7.33%	$4,584	Offset, Redraw
Defence Bank Limited	Ultimate Essentials I/O	7.14%	7.23%	$4,588	Offset, Digital banking
Tiimely	Tiimely Offset Home Loan	7.14%	7.30%	$4,588	Offset, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ I/O (80.01-90.00% LVR)	7.14%	6.86%	$4,588	Redraw, Digital banking, Offset
CENTRAL WEST CREDIT UNION LTD	Smart Home Loan	7.15%	7.21%	$4,593	Redraw, Offset, Digital banking
CENTRAL WEST CREDIT UNION LTD	Smart Fixed Rate Home Loan 2 year	7.15%	7.15%	$4,593	Digital banking, Redraw
CENTRAL WEST CREDIT UNION LTD	Smart Fixed Rate Home Loan 1 year	7.15%	7.15%	$4,593	Digital banking, Redraw
Health Professionals Bank	Your Way Plus Home Loan	7.19%	7.48%	$4,611	Redraw, Digital banking, Offset
Health Professionals Bank	Your Way Home Loan	7.19%	7.26%	$4,611	Redraw, Digital banking
Regional Australia Bank	Regional Australia Bank Home Loan (Non Offset)	7.19%	7.22%	$4,611	Redraw
UniBank	Your Way Plus Home Loan	7.19%	7.48%	$4,611	Redraw, Digital banking, Offset
UniBank	Your Way Home Loan	7.19%	7.26%	$4,611	Redraw, Digital banking
Bank First Production	Complete Home Loan Owner Occupied Construction Variable LVR 80-90%	7.19%	7.02%	$4,611	Offset, PayID, Digital banking, Redraw
AMB Bank Product	Standard Variable Home Loan	7.19%	7.23%	$4,611	Redraw, Offset
AMB Bank Product	Value Home Loan	7.19%	7.23%	$4,611	Offset, Redraw
BankWAW	Flexible Choice Owner Occupied	7.24%	7.29%	$4,634	Redraw, Offset
Liberty Financial	Low doc home loan	7.24%	7.51%	$4,634	Redraw, Offset
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest	7.24%	7.30%	$4,634	Offset, Redraw
AMP - My AMP	AMP Superedge Loan	7.24%	7.61%	$4,634	Offset, Digital wallet, Digital banking
Credit Union SA	Variable Home Loan Package Principal and Interest	7.24%	7.59%	$4,634	Redraw, Offset, Digital banking
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR >80% <90%	7.28%	7.65%	$4,653	PayID, Redraw, Digital banking, Offset
Qantas Money	QANTAS Money Offset Home Loan	7.28%	7.50%	$4,653	Offset, Redraw
MACARTHUR CREDIT UNION LTD	LOW LVR INV P&I HOME LOAN	7.29%	7.36%	$4,657	Redraw
Bank First Production	Basic Home Loan Variable LVR>90%	7.29%	7.34%	$4,657	Redraw, PayID, Digital banking
Credit Union SA	Discounted Variable Rate Home Loan Principal and Interest	7.29%	7.32%	$4,657	Redraw, Digital banking
ANZ	ANZ Simplicity PLUS	7.34%	7.34%	$4,680	Digital banking, Redraw
Newcastle Permanent	Premium Plus Package Variable Home Loan Principal and Interest	7.35%	7.67%	$4,685	Digital banking, Offset, Redraw
Aussie Home Loans	Aussie Elevate Offset Home Loan	7.39%	7.56%	$4,704	Offset, Redraw
ME Bank	ME Bank CompleteME Home Loan	7.39%	7.75%	$4,704	Offset, Digital banking, Redraw
Liberty Financial	Fresh start home loan	7.39%	7.73%	$4,704	Redraw
Bank First Production	Complete Home Loan Owner Occupied Variable LVR >90%	7.39%	7.44%	$4,704	Digital banking, Redraw, PayID, Offset
Connective Select Home Loans	Connective Select Offset Home Loan	7.39%	7.56%	$4,704	Offset, Redraw
BNK Bank (Goldfields Money/BCHL)	Prime Alt Doc Jumbo (BNK)	7.39%	7.46%	$4,704	Offset, Digital banking, Redraw
AFG Home Loans Alpha	AFG Alpha Offset Home Loan	7.39%	7.56%	$4,704	Offset, Redraw
Regional Australia Bank	Regional Australia Bank Home Loan (Offset)	7.40%	7.43%	$4,708	Offset, Redraw
UniBank	Your Way Home Loan	7.44%	7.36%	$4,727	Redraw, Digital banking
THE CAPRICORNIAN	Premium Choice Home Loan	7.45%	7.50%	$4,731	PayID, NPP, Digital banking, Offset, Redraw
ANZ	ANZ Standard Variable home loan	7.49%	7.49%	$4,750	Digital banking, Redraw, Offset
Credit Union SA	Standard Variable Rate Home Loan Principal and Interest	7.49%	7.54%	$4,750	Offset, Redraw
AMP - My AMP	Professional Package	7.52%	7.92%	$4,764	Redraw, Offset, Digital wallet, Digital banking
Bank First Production	Premier Package Home Loan Owner Occupied Construction Variable LVR 80-90%	7.53%	7.68%	$4,769	Offset, PayID, Digital banking, Redraw
My State PM Production	Basic Variable Loan	7.54%	7.57%	$4,773	Redraw, Digital banking
My State PM Production	Special Residential Variable Loan	7.54%	7.59%	$4,773	Digital banking, Offset, Redraw
HUME BANK LIMITED	liteBlue O/Occ I/O (90%-95% LVR)	7.54%	7.23%	$4,773	Digital banking, Redraw
CENTRAL WEST CREDIT UNION LTD	Mortgage Equity Loan	7.60%	9.02%	$4,801	Redraw, Digital banking
Bank First Production	Complete Home Loan Owner Occupied Construction Variable LVR>90%	7.64%	7.47%	$4,820	PayID, Digital banking, Redraw, Offset
HUME BANK LIMITED	myBlue Variable O/Occ I/O (90.01 -95.00% LVR)	7.64%	7.31%	$4,820	Redraw, Digital banking, Offset
NORTHERN INLAND CREDIT UNION LTD.	Smart Home Loan Variable	7.69%	7.86%	$4,843	Redraw, Offset, Digital banking
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interst - Principal and Interest - LVR > 80%	7.74%	7.81%	$4,867	Offset, Redraw
POLICE CREDIT UNION LIMITED	Standard Variable Home Loan 80% LVR - Owner Occupied	7.74%	7.81%	$4,867	Offset, Redraw, NPP
POLICE CREDIT UNION LIMITED	Standard Variable Home Loan 90% LVR - Owner Occupied	7.74%	7.81%	$4,867	NPP, Offset, Redraw
TRANSPORT MUTUAL CREDIT UNION LTD	HOME EQUITY LOAN	7.74%	7.85%	$4,867	Redraw
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR >90%	7.78%	8.15%	$4,886	Redraw, Offset, PayID, Digital banking
Bank of Queensland	BOQ Essential Home Loan	7.82%	7.84%	$4,905	Digital banking, Redraw
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I >750K	7.87%	7.94%	$4,928	Redraw, Digital banking, PayID, NPP
Greater Bank	Ultimate Packaged Home Loan - Variable Owner Occupied	7.91%	8.26%	$4,947	Digital banking, Redraw, Offset
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I 500K TO 750K	7.97%	8.04%	$4,975	Redraw, Digital banking, PayID, NPP
CommBank	Standard Variable Rate Home Loan (Owner Occupied)	7.99%	8.35%	$4,985	Redraw, Offset, Digital banking
CommBank	Simple Home Loan (Owner Occupied)	7.99%	8.13%	$4,985	Redraw, Offset, Digital banking
Virgin Money Australia	Virgin Money Lite Home Loan	8.02%	8.04%	$4,999	Digital banking, Redraw
Bank First Production	Premier Package Home Loan Owner Occupied Construction Variable LVR>90%	8.03%	8.17%	$5,004	PayID, Redraw, Offset, Digital banking
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I 250K TO 500K	8.07%	8.14%	$5,023	Redraw, Digital banking, PayID, NPP
THE CAPRICORNIAN	Access Equity Home Loan	8.09%	8.14%	$5,032	PayID, NPP, Digital banking, Redraw
BNK Bank (Goldfields Money/BCHL)	Prime Alt Doc (BNK)	8.09%	8.17%	$5,032	Offset, Digital banking, Redraw
Greater Bank	Great Rate Home Loan - Variable Owner Occupied	8.11%	8.12%	$5,042	Digital banking, Redraw
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I	8.17%	8.24%	$5,070	Redraw, Digital banking, PayID, NPP
MACARTHUR CREDIT UNION LTD	MORTGAGE OFFSET OWNER OCCUPIED P&I	8.17%	8.24%	$5,070	Redraw, Digital banking, NPP, PayID, Offset
AMP - My AMP	Land Loan	8.20%	8.26%	$5,085	Redraw, Digital banking
BOQ Specialist	Basic Home Loan	8.27%	8.45%	$5,118	Redraw
HORIZON BANK	HANDYLOAN	8.39%	8.39%	$5,176	Digital banking, PayID, NPP, Digital wallet
Virgin Money Australia	Virgin Money Loaded Home Loan	8.41%	8.68%	$5,185	Offset, Digital banking, Redraw
Bank of Queensland	BOQ Plus Home Loan	8.49%	8.76%	$5,224	Digital banking, Redraw
My State PM Production	Standard Variable Loan	8.62%	8.68%	$5,287	Digital banking, Offset, Redraw
Bank of China	Standard Variable Rate Home Loan	8.64%	8.71%	$5,296	Redraw, Digital banking
BNK Bank (Goldfields Money/BCHL)	Gold Prime Residential Special Home Loans	8.64%	8.67%	$5,296	Offset, Redraw, Digital banking
The Mutual Bank	Express Credit Facility	8.89%	8.89%	$5,418	PayID, NPP, Digital banking, Digital wallet
ANZ Plus	ANZ Plus Home Loan Variable	8.89%	8.89%	$5,418	Redraw, Offset, Digital banking
Judo Bank	Home Loan	8.90%	8.92%	$5,423	Redraw
Westpac	Premium Options Home Loan	9.08%	9.08%	$5,511	Redraw
Liberty Financial	Low deposit home loan	9.14%	9.89%	$5,540	Offset, Redraw
IMB Bank	Standard Variable Home Loan	9.21%	9.28%	$5,574	Offset, Digital banking, Redraw
THE CAPRICORNIAN	Mortgage Plus Home Loan	9.23%	9.23%	$5,584	Digital banking, Digital wallet, PayID, NPP
Bank of Melbourne	Variable Home Loan with Offset	9.34%	9.48%	$5,639	Offset, Redraw, Digital banking
BankSA	Variable Home Loan with Offset	9.35%	9.49%	$5,644	Offset, Redraw, Digital banking
St. George Bank	Variable Home Loan with Offset	9.36%	9.50%	$5,648	Offset, Redraw, Digital banking
Westpac	Rocket Loan: Variable Home Loan with Offset (Owner Occupied)	9.38%	9.52%	$5,658	Redraw, Offset, Digital banking
UNITY BANK	Retirees Access Home Loan	9.50%	9.60%	$5,718	Redraw, PayID, NPP, Digital banking
Arab Bank Australia Ltd Prod	The Basics Home Loan	9.54%	9.67%	$5,738	Redraw, Digital banking
Arab Bank Australia Ltd Prod	Basics Home Loan Special Offer	9.54%	9.67%	$5,738	Digital banking, Redraw
Bank of Melbourne	Relocation Loan without end	9.63%	9.45%	$5,782
Bank of Melbourne	Relocation Loan with end	9.63%	9.45%	$5,782
Arab Bank Australia Ltd Prod	Essentials Home Loan Special Offer	9.64%	9.69%	$5,787	Digital banking, Redraw, Offset
Arab Bank Australia Ltd Prod	Essentials Home Loan	9.64%	9.69%	$5,787	Redraw, Digital banking, Offset
BankSA	Relocation Loan with end	9.64%	9.46%	$5,787
BankSA	Relocation Loan without end	9.64%	9.46%	$5,787
St. George Bank	Relocation Loan without end	9.65%	9.47%	$5,792
St. George Bank	Relocation Loan with end	9.65%	9.47%	$5,792
BOQ Specialist	Plus Home Loan	9.69%	9.69%	$5,812
BOQ Specialist	Home Loan Banking Package	9.87%	10.33%	$5,902
A-Auswide Bank	HOME LOAN PLUS	10.01%	10.17%	$5,973	Offset, Redraw, NPP, PayID
NAB	NAB FlexiPlus Mortgage	10.36%	10.36%	$6,149	Digital banking
Bank of Sydney	Home Equity Maximiser Owner Occupied	11.90%	11.90%	$6,942	Digital banking

Rates based on $680,000 owner-occupier P&I loan (80% LVR on $850K Canberra median), 30-year term. Rates are indicative and subject to change. "Lowest" = the lowest rate on our live CDR feed at the time of viewing, across the lenders we display, excluding products restricted to particular professions, first home buyers or government schemes. Each lender's eligibility criteria still apply and the lowest rate may not be available to you. Rates update daily and not all lenders are included, so other products may be lower. Source: Consumer Data Right (CDR), lender websites. Last updated: 2 November 2026. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Savings example: On Canberra’s ~$680,000 median new loan over 30 years, cutting your rate by 0.60% saves about $260/month.

0 lenders included

Live CDR rates

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Compare your current rate against the lowest variable rate on our live Consumer Data Right feed - 5.93% p.a. across 70+ Australian lenders.

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*Illustrative only. Based on a $650,000 loan over 30 years moving from 6.20% (RBA average rate on outstanding owner-occupier variable loans, August 2026) to 5.93%, the lowest broadly available variable rate on our CDR feed. Lender eligibility criteria apply and it may not be available to you. Annual difference in principal and interest repayments (paid monthly), before fees and switching costs - not a projection over the loan term. Actual savings depend on your loan details and lender assessment.

ACT Home Loan Calculators

Estimate your borrowing power and repayments. Defaults are tuned to a typical ACT home loan of $680,000.

Borrowing Power Calculator

Estimate how much you could borrow based on your income and expenses. Factors in APRA's 3% serviceability buffer.

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Repayment Calculator

Calculate your monthly, fortnightly or weekly home loan repayments and total interest paid on a ACT home loan.

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Offset accounts work harder in the ACT: Parking $50,000 in a 100% offset against a Canberra-sized $680,000 loan at our lowest variable rate of 5.93% (lender eligibility criteria apply) trims interest by roughly $2,965/year while keeping the cash fully accessible - and shaves around 3 years off a 30-year term if left untouched. Try it in the repayment calculator below.

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Canberra Property Market Overview

Canberra's property market is underpinned by Australia's highest average household incomes and lowest unemployment rate, driven by the public sector and a growing technology and defence industry base. After a brief correction in 2023, the market has returned to moderate growth of 3-5% annually. The ACT's unique leasehold land system and progressive land tax reform make it distinct from every other Australian jurisdiction.

Canberra Metro snapshot

Median house price: ~$850,000
Median unit price: ~$550,000
12-month growth: +4.1%
Average days on market: 30 days
Rental vacancy rate: ~1.2%

Source: CoreLogic, Allhomes, September 2026

ACT economic indicators

Average household income: ~$130,000 (highest nationally)
Unemployment rate: ~3.0% (lowest nationally)
Population growth: ~1.5% p.a.
Major employer: Commonwealth Government
Gross rental yield (houses): ~3.8%

Source: ABS, CoreLogic, 2026

Key Canberra growth corridors

In 2026, Canberra's growth is led by the newer suburbs of Molonglo Valley (Whitlam, Denman Prospect, Coombs) and Gungahlin (Taylor, Throsby, Jacka) which offer newer housing stock at more affordable price points ($700,000-$900,000). Belconnen and Tuggeranong offer established suburbs with medians of $750,000-$850,000. The inner-south (Griffith, Red Hill, Forrest, Deakin) and inner-north (Ainslie, Braddon, Turner) remain Canberra's premium markets with medians exceeding $1.5 million. Woden Valley is benefiting from the light rail extension plans, with Phillip and Mawson seeing renewed interest. Cross-border buyers looking at Queanbeyan and Jerrabomberra (NSW) find significantly lower prices with proximity to Canberra employment.

ACT Stamp Duty Rates and Thresholds

In the ACT, stamp duty (conveyance duty) is calculated on a sliding scale. The ACT is progressively reducing stamp duty as part of its landmark 20-year land tax reform begun in 2012. First home buyers are fully exempt from stamp duty on properties valued up to approximately $1,020,000 (threshold indexed annually), making it the most generous FHB concession in Australia.

Property Value	Conveyance Duty Rate
Up to $200,000	$0.60 per $100 (or part thereof)
$200,001-$300,000	$1,200 + $2.20 per $100 over $200,000
$300,001-$500,000	$3,400 + $3.40 per $100 over $300,000
$500,001-$750,000	$10,200 + $4.32 per $100 over $500,000
$750,001-$1,000,000	$21,000 + $5.90 per $100 over $750,000
$1,000,001-$1,455,000	$35,750 + $6.40 per $100 over $1,000,000
Over $1,455,000	Flat 4.54% of property value

Up to $200,000

$0.60 per $100 (or part thereof)

$200,001-$300,000

$1,200 + $2.20 per $100 over $200,000

$300,001-$500,000

$3,400 + $3.40 per $100 over $300,000

$500,001-$750,000

$10,200 + $4.32 per $100 over $500,000

$750,001-$1,000,000

$21,000 + $5.90 per $100 over $750,000

$1,000,001-$1,455,000

$35,750 + $6.40 per $100 over $1,000,000

Over $1,455,000

Flat 4.54% of property value

First home buyer concessions

Full exemption on properties up to ~$1,020,000 (indexed)
Applies to new and established homes
Income threshold: ~$160K individual, ~$227K combined
Must live in property for 12 continuous months

Foreign buyer surcharges

Additional foreign ownership surcharge applies
Applies to residential property only
Additional land tax surcharge for foreign owners

Source: ACT Revenue Office, 2026

First home buyer advantage: A standard buyer on an $800K Canberra property pays approximately $20,800 in stamp duty - ACT first home buyers pay $0 under the Home Buyer Concession Scheme (full exemption, no value cap or income threshold from 1 July 2026).

ACT Government Schemes for Home Buyers

Home Buyer Concession Scheme

The ACT does not offer a First Home Owner Grant. Instead, the Home Buyer Concession Scheme provides a full stamp duty exemption on properties valued up to approximately $1,020,000 (indexed annually). This is the most generous FHB stamp duty concession in Australia, saving buyers up to $35,000+ on properties near the threshold.

Property value threshold: ~$1,020,000
Max saving: ~$35,750
Income limit (individual): None (from 1 Jul 2026)
Income limit (couple): None (from 1 Jul 2026)

Sustainable Household Scheme

The ACT Sustainable Household Scheme provides zero-interest loans of up to $20,000 for energy-efficient home improvements. Widely regarded as Australia's best state-level green finance program, it covers solar panels, battery storage, EV chargers, efficient heating/cooling, and insulation.

Loan amount: Up to $20,000
Interest rate: 0% (zero interest)
Repayment term: Up to 10 years
Eligibility: All ACT households

First Home Guarantee (Federal)

The federal First Home Guarantee allows eligible first home buyers in the ACT to purchase with a 5% deposit without paying LMI. The government guarantees up to 15% of the property value.

Places (nationally): 35,000/year
Price cap (ACT): $750,000
Min deposit: 5%

ACT Land Tax Reform

The ACT began a landmark 20-year transition from stamp duty to broad-based annual land tax (general rates) in 2012 - the first jurisdiction in Australia to do so. This reform is progressively reducing stamp duty while increasing annual rates. Victoria is now following a similar model. For buyers, this means lower upfront costs but higher ongoing annual costs compared to other jurisdictions.

Reform started: 2012
Transition period: 20 years
Annual rates (typical): $3,000-$6,000/yr

Choosing a Home Loan Lender in the ACT

Major banks in ACT

All four major Australian banks have strong branch networks in Canberra, with representation across all major town centres (Belconnen, Woden, Tuggeranong, Gungahlin, Civic). Beyond Bank Australia is headquartered in Canberra and is the territory's most prominent local financial institution, offering competitive rates with community-focused service.

Beyond Bank Australia - headquartered in Canberra
All four majors across all town centres
No postcode restrictions in the ACT

Online lenders in ACT

Online lenders offer the lowest rates for ACT borrowers. All major online lenders actively serve the ACT with no postcode restrictions. The ACT's high average incomes mean most borrowers qualify for the best advertised rates, making online lenders particularly attractive.

Unloan

From 6.44% (6.35% comparison rate*)

CommBank-backed

Athena

From 6.04% (6.04% comparison rate*)

Auto-rate match

Beyond Bank

From 6.09% (6.09% comparison rate*)

Canberra HQ

ING

From 6.29% (6.32% comparison rate*)

Orange Everyday

Cross-border considerations

Many Canberra workers purchase in nearby NSW towns like Queanbeyan, Jerrabomberra, Bungendore, and Murrumbateman where property prices can be $100,000-$200,000 lower. Buying in NSW means you lose ACT stamp duty concessions but may benefit from NSW first home buyer schemes instead. Lenders treat cross-border purchases the same as any other property. Consider the trade-off between lower property prices (NSW) versus more generous stamp duty concessions (ACT) when deciding which side of the border to buy.

Broker vs direct in ACT

In the ACT, all major lenders are well represented, making both broker and direct approaches effective. Brokers are valuable for first home buyers navigating the Home Buyer Concession Scheme, cross-border NSW/ACT comparisons, and for those wanting to compare multiple lenders efficiently. Direct applicants may get slightly lower rates from online lenders. The ACT's high average incomes and stable employment mean most borrowers have strong applications, giving them leverage to negotiate rates whether using a broker or going direct.

$850K

Canberra median house price

Source: CoreLogic, September 2026

~$1.02M

FHB stamp duty exemption threshold

Most generous nationally

$130K

Average household income

Highest of any state/territory

Frequently Asked Questions - Home Loans in the ACT

Common questions about buying a home and getting a home loan in the Australian Capital Territory.

Rates & Borrowing in the ACT

What is the average home loan interest rate in the ACT in 2026?

Which banks offer the best home loan rates in the ACT?

How much deposit do I need for a home in Canberra?

Grants, Stamp Duty & Costs

Why doesn't the ACT have a First Home Owner Grant?

What government support is available for first home buyers in the ACT?

What is stamp duty on an $850,000 property in the ACT?

How does ACT land tax reform affect home buyers?

What are the hidden costs of buying a home in the ACT?

Buying in the ACT

What is the median house price in Canberra in 2026?

What is the ACT Sustainable Household Scheme?

Is Canberra property a good investment in 2026?

How does the ACT leasehold system affect home loans?

Related ACT Guides & Resources

Complete Home Loan Guide

Everything you need to know about Australian home loans.

Home Loans Australia

National home loan comparison.

First Home Buyers ACT

Stamp duty concession & tips.

Refinance ACT

Switch & save on your ACT loan.

Green Home Loans ACT

Sustainable Household Scheme & more.

Compare Home Loans in Other States

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