Affordable Home Purchase

Register your interest

To help make sure affordable homes go to the people who need them most, applicants must meet new eligibility criteria and register their interest on the Affordable Home Purchase database.

The 2018-19 affordable home purchase target of 472 dwelling sites has been identified in a mix of units, apartments and townhouses across 10 new development sites including Lyneham, Gungahlin Town Centre, Taylor, Coombs, Wright, Whitlam, Strathnairn, Belconnen Town Centre and Lyons.

This is in addition to the 353 sites across Wright, Coombs, Greenway, Lawson and Taylor from the 2017-18 financial year.

Price thresholds apply to affordable homes based on the net living area and are indexed annually. The 2018-19 price thresholds for affordable homes are:

Dwelling size (net living area)Maximum price
Up to 80m2 $330,000
Between 80m2 and 105m2 $381,000
Greater than 105m2 $434,000

Previous year price thresholds were:

YearMaximum Price
2007-08 $300,000
2008-09 $309,000
2009-10 $322,000
2010-11 $328,000
2011-12 $337,000
 Maximum Price by Dwelling Size
 <80m2 80m2-105m2 >105m2
2012-13 $290,000 $340,000 $373,000
2013-14 $291,000 $341,000 $374,000
2014-15 $291,000 $341,000 $374,000
2015-16 $295,000 $346,000 $380,000
2016-17 $296,000 $348,000 $382,000
2017-18 $323,000 $374,000 $425,000
2018-19 $330,000 $381,000 $434,000

Eligibility criteria

To be eligible for Affordable Home Purchase you must:

  • be at least 18 years old
  • be an Australian resident
  • have a total gross income for all applicants (including domestic partners) of less than $100,000, for households of up to 2 children, increasing by $16,000 per child up to a capped maximum of $148,000 for 5 or more children
  • not own, or not have owned in the last 2 years, any property (including other homes, land or commercial properties, such as a shop)
  • have at least 1 applicant who will live in the home continuously for 12 months
  • register on the Affordable Home Purchase database.

Affordable Home Purchase database

The database lists the type and location of affordable homes and you can register your interest against one or more of the available options. Eligible applicants are matched with affordable homes as they become available.

How it works

ActivityTimeframe

The ACT Government sets the annual housing targets and sites are identified for development

Annually in June

Development sites are identified on the Affordable Home Purchase database

Annually from June
Development sites are sold to builders/developers by the Suburban Land Agency, with affordable housing targets in sales contracts Throughout the year
Builders/developers submit draft plans of the proposed dwelling type to the ACT Government Within 3 to 36 months of sale to the builder/developer
The ACT Government contacts people who have registered their interest in the type of dwelling identified in the draft plan. They are invited to become an Eligible Applicant. Within a week of receiving plans from the builder/developer
Interested people apply to become an Eligible Applicant* Within 14 days of being contacted. If further information is required to confirm eligibility, it must be provided within 30 days of request
Eligible Applicants receive confirmation of eligibility Within 1 week of registering and confirming eligibility
Builder/developer notifies the Suburban Land Agency when Development Approval is complete Within 1 week of completing the Development Approval process
Eligible Applicants are entered by the Suburban Land Agency into a ballot for the compatible affordable housing product Within 1 week of finalising the Eligible Applicant list and the granting of Development Approval
The Suburban Land Agency runs a ballot for the affordable housing products within the development Within 1 week of receiving all entries in the ballot
The Suburban Land Agency provides the builder/developer with contact details for the successful applicants from the ballot Three (3) days after the ballot
The builder/developer contacts the successful applicant to arrange the exchange of contracts**

Within 3 weeks

The builder/developer builds the affordable housing product

Approximately 2 years, to a maximum of 4 years

Settlement occurs between the builder/developer and the successful applicant occurs when the development is complete

On completion of the development

* Successful applicants are encouraged to seek independent legal and financial advice at this point.
** Successful applicants will need to have arranged finances at this point.

More information

For further information, call Access Canberra on 13 22 81 or email your enquiry to affordablehousing@act.gov.au.

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