Northern Territory Grant

The First Home Owners Grant (FHOG) scheme was introduced on 1 July 2000 to assist first home buyers in the Northern Territory. To encourage the construction of new homes in the Territory, from 1 January 2015, FHOG will only be available to first home buyers who enter into a contract to construct or purchase a new home, or commence construction of a new home, on or after that date.

FHOG is not means tested however, home purchase price thresholds may apply. Where the commencement date of the eligible transaction is on or after 13 May 2014, the transaction eligibility threshold does not apply to the construction or purchase of a new home but continues to apply to the purchase of an established home. The transaction threshold for the purchase of an established home is $600,000.

The amount of the FHOG is the lesser of the consideration actually paid for the eligible transaction, or:

Commencement date of eligible transaction

From 1 January 2015

From 13 May 2014 – 31 December 2014

New home

$26 000

$26 000

Established home

Nil

Urban area – $12 000
Elsewhere – $25 000

The definition of an urban area is available on the Northern Territory Governments’ FHOG page (see the resources section).

My First Place cannot provide an indication regarding your eligibility to a First Home Owners Grant. For eligibility please look to your specific state’s First Home Owners Grant page, or contact your state government department (contact details are found in First Home Owners Grant Resources).

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