HomeGrown Territory Grant
Hope Coumbe, Finance Editor
First published 11 June 2025, 12:00 PM
Homes in Darwin, Northern Territory. Picture: Getty
What are the HomeGrown Territory Grant eligibility requirements?
To be eligible to receive the HomeGrown Territory Grant, you must be a first-home buyer building or buying a new home and meet the following criteria:
- You are aged at least 18 years old
- You are an Australian citizen
- You are signing a contract to buy or build a home in the NT between 1 October 2024 and 30 December 2026
- You plan to live in the home for at least one year after taking possession.
What are the HomeGrown Territory Grant property price limits?
The HomeGrown Territory Grant does not have a cap on the build or purchase price of the new home.
Benefits of the HomeGrown Territory Grant
There several benefits of the HomeGrown Territory Grant, as outlined below.
Availability
The FreshStart New Home Grant is available for both owner-builers and off-the-plan purchases.
Type of property
Transportable homes can also be built and be eligible for the grant, providing the home is legally approved for dwelling and permanently fixed.
Usage
The $50,000 grant can be used towards the financial deposit for the new home.
Who is the HomeGrown Territory Grant backed by?
The HomeGrown Territory Grant is backed by the Northern Territory Government. Those wishing to apply can do so through a broker or financial institution, or directly with the Territory Revenue Office.
Can the HomeGrown Territory Grant be used in conjunction with other incentives?
The HomeGrown Territory Grant can be used with other concessions, for example, the House and Land Package Exemption - a stamp duty exemption available to buyers purchasing house and land packages.
