Quick answer: the NT HomeGrown Territory Grant gives first home buyers $50,000 to buy or build a new home, with no price cap, for contracts signed from 1 October 2024 to 30 September 2027. It replaces the $10,000 First Home Owner Grant. You must live in the home for at least 12 months.
The Northern Territory has the biggest first home grant in the country. Here’s who qualifies and how to use it.
What counts as a new home
- A newly built home that hasn’t been lived in or sold as a home, including off-the-plan purchases.
- A home you build, including as an owner-builder.
- A new transportable home that’s permanently fixed and approved to be lived in.
Established homes don’t qualify.
Amount and price caps
| Situation | Rule |
|---|---|
| Grant amount | $50,000 |
| Price cap | No cap |
| Contract dates | 1 October 2024 to 30 September 2027 |
| Apply by | 30 September 2028, within 12 months of settlement |
Who qualifies
- You’re a first home buyer who hasn’t owned a home anywhere in Australia.
- At least one applicant is over 18, and at least one is an Australian citizen or permanent resident.
- You buy as individuals, not a company or trust, and all owners meet the rules.
How long you must live there
You must live in the home for at least 12 months after taking possession, or after construction is complete.
How it’s paid
Apply through your lender, which receives the grant once eligibility is confirmed and can release it early to help with your deposit, subject to its approval. Through the Territory Revenue Office, it’s paid after settlement, after the foundations are laid for a build, or once the occupancy certificate is issued for owner-builders.
How it stacks with other help
- Stamp duty: the NT House and Land Package Exemption means no duty on a new detached home bought as a house-and-land package from a builder (contracts to 30 June 2027, no value cap). Apartments and other new homes pay normal duty.
- 5% Deposit Scheme: price caps are $750,000 in Darwin and $600,000 elsewhere in the NT.
On a $650,000 new house-and-land package in Darwin, an eligible buyer could receive the $50,000 grant, pay no stamp duty under the house-and-land exemption, and avoid LMI with a 5% deposit.
Not a first home buyer?
The NT also has a FreshStart New Home Grant of $30,000 for other buyers of new homes. It can’t be combined with the HomeGrown Territory Grant.
First home grants by state: NSW · VIC · QLD · WA · SA · TAS · ACT · NT
Common questions
How much is the HomeGrown Territory Grant?
$50,000 for first home buyers buying or building a new home in the NT.
Is there a price cap?
No. There’s no cap on the build or purchase price.
When does it end?
You must sign the contract (or start building as an owner-builder) by 30 September 2027 and apply by 30 September 2028, within 12 months of settlement.
Does the NT still have the $10,000 First Home Owner Grant?
The HomeGrown Territory Grant replaces it for eligible contracts.
Can the grant help with my deposit?
Yes. Your lender can release it early towards the deposit, subject to its normal approval.
Sources: NT Government, buying or building a new home (HomeGrown Territory); 5% Deposit Scheme price caps. Checked 6 October 2026. General information only; eligibility is assessed by the state revenue office and the participating lender.
