To ensure the Scheme is only available for the purchase of a modest home, or the purchase of land and construction of a modest home, the following property price thresholds (maximum property purchase price under the Scheme) will apply in capital cities, large regional centres and regional areas:
| Region | Price Cap ($AUD) |
| NSW – capital city | $700,000 |
| NSW – regional centre (Newcastle and Lake Macquarie) | $700,000 |
| NSW – regional centre (Illawarra) | $700,000 |
| NSW – other | $450,000 |
| VIC – capital city | $600,000 |
| VIC – regional centre (Geelong) | $600,000 |
| VIC – other | $375,000 |
| QLD – capital city | $475,000 |
| QLD – regional centre (Gold Coast) | $475,000 |
| QLD – regional centre (Sunshine Coast) | $475,000 |
| QLD – other | $400,000 |
| WA – capital city | $400,000 |
| WA – other | $300,000 |
| SA – capital city | $400,000 |
| SA – other | $250,000 |
| TAS – capital city | $400,000 |
| TAS – other | $300,000 |
| ACT | $500,000 |
| Northern Territory | $375,000 |
| Jervis Bay Territory & Norfolk Island | $450,000 |
| Christmas Island & Cocos (Keeling) Island | $300,000 |
First Home Loan Deposit Scheme has also developed a tool to help first home buyers find out the property price threshold for the suburb in which they are looking to purchase a property. Click here to view the tool.
