Property Value Cap
nounprop·er·ty val·ue cappronounced PROP-ə-tee VAL-yoo KAP
Last reviewed 16 April 2026
What does the noun Property Value Cap mean?
The maximum value a property can be for you to remain eligible for the FHOG. This includes the land price, building contract, and any contract variations. Not all states have a cap. Caps range from $600,000 to $750,000 in states that apply them.
How the noun Property Value Cap is used
In Queensland the property value cap for the FHOG is $750,000, so if your land and build contract totals more than that, you will not qualify for the grant.
Synonyms
FHOG cap, grant threshold
Related words
Cite this entry
MLA citation: "Property Value Cap." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/property-value-cap. Accessed 29 May 2026.
Chicago citation: How to Property. "Property Value Cap." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/property-value-cap.
APA citation: How to Property. (2026, April 16). Property Value Cap. https://howtoproperty.com.au/definitions/property-value-cap