Unpack Property
Grants - Tool 05

Property Price Cap Checker

See the price cap for Help to Buy and the 5% Deposit Scheme side by side for your state. Enter a property price to check if your budget fits under each scheme.

  • About 1 minute
  • Caps verified September 2026
  • Free, no sign-up

Where you're buying

Includes the external territories, such as Norfolk Island.

Location type

Metro covers capital cities and some regional centres, such as Geelong and the Gold Coast.

Check a price (optional)

Drag or type a price to see whether it is under each scheme's cap. Leave at None to just see the caps.

Highest scheme price cap

$1,000,000

The most you could pay and still use one of these schemes in Queensland, metro. Each scheme sets its own cap, listed below. Add a price to check yours.

Help to Buy
$1,000,000
5% Deposit Scheme
$1,000,000
QLD Boost to Buy
$1,000,000

Boost to Buy is an alternative, not an extra

Cannot be combined with Help to Buy or the 5% Deposit Scheme on the same purchase.

Scheme by scheme

The price cap for your location, with the deposit, income and equity rules that come with it.

Price cap, minimum deposit, income limit and government equity for each scheme
SchemePrice capMin depositIncome limitGovernment equity
Help to BuyFederal$1,000,0002% minimum$103,000 single, $165,000 coupleUp to 40% new / 30% existing
5% Deposit SchemeFederal$1,000,0005% minimum (2% for single parents)No income capNone, you own 100%
QLD Boost to BuyState$1,000,0002% minimum$155,000 single, $232,000 coupleUp to 30% new / 25% existing

Price caps only. Each scheme also has first home buyer, owner-occupier and (for Help to Buy and Boost to Buy) income conditions, and the scheme administrator makes the final eligibility determination. Caps as of September 2026.

Keep going

Tools people usually open after checking the price caps.

Scheme ComparisonHelp to Buy vs 5% Deposit side by side with long-run wealth impact.3 minGrant StackerEvery federal and state grant, concession and scheme you may be eligible for.4 minBorrowing PowerHow much you can borrow, and how government schemes extend your capacity.2 minLMI CalculatorYour LMI cost, upfront vs capitalised, and how FHG or Help to Buy can waive it.2 minWhat Can I Afford?Interactive suburb explorer based on your borrowing power and government schemes.3 minGrant DashboardLive countdowns for expiring grants, eligibility checker, state-by-state FHOG.BrowseStamp Duty CalculatorPer-state estimate with FHB concessions auto-applied, foreign surcharges, total upfront.1 minDeposit Boost ComparatorCompare every path to a deposit. Bank savings, FHSS, parental gift, guarantor, 5% scheme, Help to Buy - side by side.4 min

Price caps explained

Each government scheme sets a maximum purchase price - properties above this cap are ineligible. The cap varies by state and by whether you're buying in a capital city (metro) or outside one (regional). These caps exist to focus support on properties affordable to first home buyers.
Data verified September 2026

For illustration only. This tool does not constitute personal financial advice. Grant amounts, caps, and eligibility rules may change. Federal scheme caps shown are for capital city/regional centres and may differ for other areas. Always verify with your state revenue office and Housing Australia, and consider seeking independent financial advice before making decisions.