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Home Owner Assistance

The Northern Territory Government has a number of schemes to assist home-buyers.

Territory Revenue Office administers the following schemes:

First Home Owner Grant

The First Home Owner Grant scheme provides Territorians purchasing a home, or land to construct a new home, a grant of up to $7000. For further information on the eligibility criteria, click here.

-		Test your eligibility
-		First Home Owner Grant Guide and Application Form

First Home Owner Concession

The First Home Owner Concession scheme provides Territorians purchasing a home, or land to construct a new home, on or after 6 May 2008, that is their first home in Australia, a concession of up to $15 515.50 off the duty payable. This represents the duty on the first $385 000 of the purchase price of the property.

-		Test your eligibility
-		First Home Owner Concession Application Form and Guide to the Application Form
-		Amount of concession for purchase contracts executed prior to 6 May 2008
-		Stamp duty calculator to estimate the net duty payable

Principal Place of Residence Rebate

The Principal Place of Residence Rebate scheme provides Territorians purchasing a home, or land to construct a new home, on or after 20 June 2005 that is not their first home in Australia, a concession of up to $2500 off the duty payable.

-		Test your eligibility
-		Principal Place of Residence Rebate Application Form and Guide to the Application Form
-		Amount of rebate for purchase contracts executed prior to 20 June 2005
-		Stamp duty calculator to estimate the net duty payable

The Territory Insurance Office administers:

HomeNorth Home Incentive Scheme

The HomesNorth Xtra Loan scheme comprises of the following loan products:

-		HomeNorth Standard Variable Loan
-		HomeNorth Shared Equity Loan
-		HomeNorth Fee Assistance Loan

For further details click here to connect to the TIO website.