Financial help for first home buyers

If you are buying your first home you can apply for the following grants.

First home owner grant

If you want to buy or build a new property as your first home, you can apply for the first home owner grant of up to $26,000.

Find out more about the first home owner grant at the First Home Scheme website.

Household goods grant

If you buy a new property as your first home, you may be able to get a grant to help you buy household goods.

You can get up to $2,000 under the household goods grant.

Find out more about the household goods grant at the First Home Scheme website.

First home owner discount

If you want to buy an established property as your first home, you may be able to get a discount on the stamp duty you need to pay.

You can get a discount of up to $23,928.60 under the first home owner discount scheme.

Find out more about the first home owner discount at the First Home Scheme website.

Home renovation grant

If you buy an established property as your first home, you may be able to get financial help to renovate or improve it.

You can get up to $10,000 under the home renovation grant.

Who can apply 

You can only apply for the home renovation grant once you have been approved for the first home owner discount.

Find out more about the first home owner discount at the First Home Scheme website.

Owner-builders or do-it-yourself renovators can't apply.

How to apply

Apply online now if you are a first home buyer.

Read the grant terms and conditions at the First Home Scheme website.

If you get a home renovation grant

You must use a local business to renovate or improve your home.

A local business is one that operates in the Northern Territory (NT), has a permanent base here and employs NT people.

If the local business doing the renovations wants to employ sub-contractors, they must also be local businesses.

You can use the grant with up to five different businesses if they meet these conditions.

What you will get

You will get a voucher to use with each business you want to deal with up to a value of $10,000. This includes the amount you want to spend on household goods.

The minimum value for each voucher is $500.

There is no cap on the total value of the renovation or improvements that you want to do.

Sample quote and invoice

When you apply for the home renovation grant, the quotes and invoices you submit must comply with the terms and conditions.

Read the grant terms and conditions at the First Home Scheme website.

Below are templates you can use for this purpose.

Home renovation grant quotation template (25.0 kb)
Home renovation invoice template (24.0 kb)

How to cash in a voucher: businesses

You can redeem a home renovation grant voucher given to your business at the Smartygrants website.

Read the grant terms and conditions at the First Home Scheme website.

Contact

For more information email homerenovation.grant@nt.gov.au.

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Last updated: 14 August 2017