Are you ready to buy or build your first home in the Northern Territory? The Northern Territory Government’s HomeGrown Territory Grant offers a fantastic opportunity for first-home buyers to secure their dream property with financial support. With generous grants of up to $50,000 available, this initiative can help you take that all-important first step into homeownership.
The HomeGrown Territory Grant replaces the previous $10,000 First Home Owner Grant, providing $50,000 to eligible first-home buyers to put towards building or buying a new home. This grant is available for new builds, transportable homes (permanently fixed), owner-built homes, and off-the-plan purchases—with no cap on the purchase or construction price.
For those looking at established homes, the grant offers $10,000 towards homes like houses, townhouses, and apartments. Whether you're building new or purchasing an established home, the HomeGrown Territory Grant opens the door to homeownership in the NT with substantial financial support.
To qualify, you must:
Important Note: The HomeGrown Territory Grant cannot be used in combination with the FreshStart new home grant, so ensure you choose the right support option for your needs.
If you’re financing through a lender, the grant amount will be paid directly to them upon confirmation of eligibility. For direct applications through the Territory Revenue Office, grant payments occur at different stages:
Applying is simple! Start your application through your lender or directly with the Territory Revenue Office. This grant provides significant support, making it easier to realise your goal of owning a home in the Northern Territory.
Need Help? Reach out to a UNO Broker for professional advice and assistance with your application.
Source: Northern Territory Government
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