First Home Buyer Grant NT 2026

The Northern Territory HomeGrown Territory Grant is $50,000 for eligible first home buyers building or buying a brand-new home — the largest first home buyer grant in Australia. There is no property value cap on the grant; you receive the full $50,000 regardless of build cost. The current $50,000 amount is scheduled to run until 30 September 2026.

To qualify, you must be at least 18 years old, an Australian citizen or permanent resident, and neither you nor your partner can have previously owned residential property in Australia. You must move into the property within 12 months and live there for at least 6 continuous months. The grant applies to brand-new builds, off-the-plan purchases, and substantially renovated homes only — established homes do not qualify.

How to apply: Apply through your lender at the time of your home loan application. Your broker handles the paperwork and the $50,000 is credited at settlement (or at key handover for off-the-plan purchases). Alternatively, apply directly through the Territory Revenue Office within 12 months of settlement. You'll need your contract of sale, proof of identity, evidence the home is a new build, and your settlement statement.

Eligible NT first home buyers receive a full stamp duty exemption on House and Land Package Exemption (HLPE) purchases — uniquely with no property price cap. This applies to house and land packages and is currently scheduled to run until 30 June 2027, giving NT first home buyers a long runway to plan their build.

The HLPE exemption is one of the most generous stamp duty concessions in Australia because of the no-cap structure — most states cap exemptions at $600,000-$800,000, but NT applies the exemption to the dutiable value of the package regardless of total cost. Established home purchases pay standard NT transfer duty rates and do not benefit from the HLPE exemption.

Example savings: On a $500,000 house and land package, you pay $0 stamp duty (saving approximately $24,000 in transfer duty). On a $700,000 house and land package, you pay $0 stamp duty (saving approximately $36,500). Combined with the $50,000 HomeGrown Territory Grant, an NT first home buyer purchasing a $600,000 new build can receive close to $80,000 in combined government support — the strongest package in Australia.

First Home Guarantee (federal): Eligible first home buyers can purchase with just a 5% deposit and pay no Lenders Mortgage Insurance. The Australian Government guarantees up to 15% of the property value. No income caps and unlimited places since October 2025. This can save $10,000-$25,000 in LMI costs and pairs cleanly with the HomeGrown Territory Grant.

Family Home Guarantee: Single parents and eligible single legal guardians with a dependent child can purchase with as little as a 2% deposit and no LMI. Available for both new and existing homes — although the HomeGrown Territory Grant only applies to new builds.

First Home Super Saver Scheme (FHSSS): Save up to $50,000 in your superannuation fund for a home deposit with tax advantages. Voluntary contributions are taxed at 15% instead of your marginal rate — potentially saving thousands while building your deposit faster.

Combining schemes: An NT first home buyer purchasing a new $600,000 house and land package could receive $50,000 HomeGrown Territory Grant, pay zero stamp duty under HLPE (saving ~$30,000), use the First Home Guarantee for 5% deposit with no LMI (saving ~$15,000), and channel deposit savings through FHSSS — a total benefit close to $100,000 in savings and support. This combination gives NT the strongest first home buyer package in the country in 2026.

Step 1 — Get pre-approved: Start with a mortgage broker who can assess your borrowing power and confirm which grants and schemes you qualify for. They'll factor the $50,000 HomeGrown Territory Grant and HLPE stamp duty exemption into your total affordability.

Step 2 — Apply through your lender: The simplest method is to apply for the HomeGrown Territory Grant through your bank or lender at the time of your home loan application. Your broker handles the paperwork and the $50,000 is credited at settlement, dramatically reducing your upfront costs.

Step 3 — Apply directly (if needed): You can apply directly through the Territory Revenue Office within 12 months of settlement. Required documents include your contract of sale, proof of identity (100 points), evidence the home is a new build, and your settlement statement.

Common mistakes to avoid: Don't assume established homes qualify for the $50,000 HomeGrown Territory Grant — only new builds, off-the-plan, and substantially renovated homes are eligible. Don't wait past 30 September 2026 to lock in the boosted $50,000 amount; check the Territory Revenue Office for any extension before that date. Don't forget the HLPE stamp duty exemption is specific to house and land packages — confirm your purchase structure with your conveyancer. And don't miss out on stacking the federal First Home Guarantee with the HomeGrown Territory Grant for maximum benefit.