First Home Owner Grant (FHOG) NT

First home buyers in the Northern Territory can tap into a range of grants including the FHOG Northern Territory, which is worth $10,000. A wide variety of other grants and concessions can also be available depending on whether you buy a new or established home.


NT First home buyer grants

If you're ready to buy your first home or just doing a bit of research, it's important to understand what Government support is available when it comes to grants and incentives and how much you could save!

In our Mortgage Minute video, Emma provides a comprehensive overview of state-based offers and grants available to first home buyers in NT.

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Fill out the form below and one of our brokers will be in contact to discuss your eligibility

First Home Owner Grant questionnaire

Tell us about yourself:

Has each applicant on or after 1 July 2000:

Contact details

6 October 2020 Update: Great news for first home buyers - 10,000 new First Home Loan Deposit Scheme places have just been released as part of the 2020-21 Federal Budget

Frequently asked questions about FHOG NT

How much is the First Home Owners Grant in the NT?


Prior to 7 May 2019, the FHOG NT was worth $26,000 for new homes. However, if you buy or build a new home after 7 May 2019, the First Home Owner Grant NT reduces to $10,000. Your income and the price of your home don’t affect the FHOG NT, and the grant is available if you buy or build a new house, apartment, duplex or townhouse.

What is a BuildBonus grant?


Along with the FHOG NT you may also be eligible for the BuildBonus grant.

The BuildBonus grant was launched in February 2019, and it is only available to the first 600 applicants. The grant is worth $20,000 if you are buying or building a new home in the Northern Territory – you will need to have signed a contract to build or buy a home, or have started construction as an owner builder on or after 8 February 2019 to be eligible.

What is the household Goods Grant scheme?


First home buyers in the Northern Territory who buy or build a new home can also take advantage of the Household Goods Grant scheme. When you buy a new property as your first home, the grant can be worth up to $2,000 to help you buy household goods such as a fridge, kitchen appliances, furniture or general items such as towels, sheets and kitchenware.

​What is the Home Renovation grant?​


Although the FHOG NT is only available for new homes, if you choose to buy an established home you may be able to claim a $10,000 Home Renovation grant.

This grant is only available if you purchased your first home after 1 September 2016, and the funds can be used to renovate or improve your home. Applications for the Home Renovation grant close on 30 November 2020.

Am I eligible for a First Home Owners Grant in NT?


To be eligible for the FHOG in the Territory, you’ll need to meet several conditions:

  • You must be applying for the FHOG (anywhere in Australia) for the first time.
  • You need to be aged 18 or over and be a natural person (not a company or trust)
  • You’ll need to live in your first home for at least six months within 12 months of purchase.
  • You must not have owned residential property in Australia before 1 July 2000.
  • You must not have owned residential property on or after 1 July 2000, which you have lived in.

How to apply for First Home Owner Grant NT


Applying for the First Home Owner Grant in the Northern Territory is easy, and your Mortgage Choice broker can guide you through the paperwork. Here’s a form you can fill out to start the application process. Simply fill out the form below and a local expert will be in contact with you shortly

Are first home buyers in the NT exempt from stamp duty?


Although the FHOG NT is only available for new homes, as a first home buyer in the Northern Territory, you could pocket savings on stamp duty even if you buy an established home.

The Territory’s First Home Owner Discount has been in place since 8 February 2019. It lets you save up to a maximum of $18,601 on the cost of stamp duty. The savings is available whether you buy a new or established home as long as the home is valued under $650,000.

What is HomeBuild Access?


The NT Government also funds a home loan package called HomeBuild Access. This scheme helps low to middle income earners achieve the security of home ownership, and offers two loan products targeted at the construction of new dwellings. The following purchase price limits apply to both Homebuild Access loan products:

 

1-2 Bedrooms

3 or more bedrooms

Purchase price limit

$475,000

$550,000

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First home buyer 2020 grants guide

If you're looking at buying your first home it's worth knowing what Government help is available. This guide will walk you through all the grants and schemes to help you save.


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