Northern Territory Home Buyer Incentives: Unlock Significant Savings for New and Existing Homeowners

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The HomeGrown Territory Grant offers substantial financial support to a broad spectrum of home buyers, with grant amounts tailored to specific buyer categories and property types. Plus, there is no cap on the price of the property you purchase or build to qualify for these grants.

Effective from 1 October 2024, the Northern Territory government has introduced this expanded program to replace and improve the previous First Homeowner Grant. Whether you’re a first-time buyer or an existing homeowner, the new grants provide a unique opportunity to secure meaningful financial assistance.

Grant Breakdown:

  $50,000 HomeGrown Territory Grant 

  • For first-home buyers building a new property in the NT or buying a brand-new home
  • This represents a significant increase from the previous First Homeowner Grant

   $10,000 HomeGrown Territory Grant 

  • For first-time home buyers purchasing an established home in the NT

 $30,000 FreshStart New Home Grant 

  • For existing homeowners looking to buy or build a new home in the NT

Additional Assistance

  • Low-Deposit Home Loans: Explore options for new-builds or building your own home, reducing your upfront costs.
  • Stamp Duty Exemption: Potential savings with stamp duty exemptions on house and land packages.

Next Steps – 

Let Capital Connections Finance Work for You:

  1. Book a Consultation: We’ll explore all available grants and financial assistance tailored to your situation.
  2. Get Pre-Approved: We factor in grants and other advantages to secure your pre-approval.
  3. Find Your Dream Home: Search with confidence, knowing your budget includes the best possible financial support.
  4. Maximize Your Grants: We’ll guide you through the application process and ensure all available assistance works to your benefit.

At Capital Connections Finance, we’re passionate about helping you create lasting memories in a home that’s truly yours. Together, let’s make your dream of homeownership a beautiful reality!