Help to Buy: The surprising ACT properties you could qualify for

Many Australians will get a helping hand to achieve home ownership thanks to the Help to Buy scheme where 40,000 Australian households can purchase a new or existing home with an equity contribution from the government.

Canberra, Australian Capital Territory. Picture: Getty

Expected to launch later this year, the scheme will see the federal government make a contribution of up to 40% in exchange for a share, or proportional interest in the property.

Buyers with a deposit of at least 2% will be able to access the scheme, and the size of the equity contribution can vary from up to 30% for an existing home, to 40% for a new property.

This aims to assist prospective home owners gain access to the property market sooner than they would otherwise have been able, thanks to a smaller deposit.

New property price caps linked to average house prices across each state and territory were introduced earlier this year, which have broadened the range of options available.

In the Australian Capital Territory – capital city and regional centre, a price cap of $1,000,000 will be in place.

Here is a selection of properties for sale in the ACT that fall within the property price cap:

4 Nina Jones Crescent, Chisholm

A renovated kitchen, with quality appliances and good storage are among the many highlights of this revamped Chisholm home.

The three bedroom, two bathroom home is set on a big 703sqm block, in close proximity to local schools, shops and amenities.

There is potential to extend the home, subject to council approval.

It is priced at $795,000 plus.

31 Speldewinde Street, Strathnairn

Comfort, character and modern living combine in this four bedroom, two-bathroom residence designed with young professionals and families in mind.

For extra convenience, a park is opposite the home, which sits on a 250sqm block.

A private backyard, stone benchtops in the kitchen, a camera security system and a solar power inverter are among the home’s standout features.

It is on the market for ‘Offers over $899,000.’

18 Taggart Terrace, Coombs

With its own separate title, this two-storey three bedroom, two bathroom townhouse enjoys a north-easterly aspect in a prime spot on the Weston Creek side of Molonglo.

All bedrooms are located upstairs, and the main suite has its own balcony with Black Mountain views.

There is also a garage with remote access, a private front courtyard and porch, solar hot water and ducted reverse cycle heating and cooling

It is for sale for $795,000 plus.

217 Wheeler Crescent, Wanniassa

Built in the 1970s, this solidly built home has had recent upgrades including a full roof restoration, a new hot water system and new ceiling insulation.

The three bedroom, two bathroom home also has updated LED lighting, hybrid flooring and double glazed windows.

It is on the market for $860,000 plus.

5 Gidjili Place, Giralang

Priced at $880,000 plus, this three bedroom, one bathroom home offers a coveted location close to Giralang Primary School and public transport links in one of Belconnen's most popular locales.

The listing states that the “real jewel” is the expansive rear yard, offering a blank canvas for alfresco entertaining or a lush garden retreat.

30/72 Wentworth Avenue, Kingston

This second floor two bedroom, two bathroom apartment offers an enviable location comprising Brighton’s magnificent gardens, cafes, restaurants and the Kingston Foreshore.

It has 88sqm of living space that includes a living/dining area that opens to a north west facing balcony.

Other features include resort style amenities such as a pool, gym and full-sized tennis court.

It is priced at $635,000 plus.

31 Sutherland Crescent, Taylor

Part of a contemporary planned development and located in one of Taylor’s most sought after locations, this townhouse has a unique double level design.

It offers two bedrooms and one bathroom, and new laminated floorboards and carpets.

It is situated close to playgrounds, parklands and walking trails.

It is listed for sale for offers above $629,000.

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