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Canberra's median house price is approximately $960,000 in early 2026. As the national capital with high public sector salaries, Canberra is the second-most expensive capital city. Inner-north suburbs exceed $1.5M, while Tuggeranong and Gungahlin offer medians of $750,000–$850,00
For the median Canberra house (~$960k) with 20% deposit: approximately $234,000 total. First home buyers can claim the full stamp duty concession on properties up to $607,500.
Yes, the ACT is the only jurisdiction in Australia transitioning away from stamp duty, replacing it with higher annual land rates over a 20-year period. During the transition, reduced stamp duty rates apply alongside increasing land rates.
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