If you are buying or building a new home in the Northern Territory, you can apply for a grant of $20,000.
This grant is limited to the first 600 applications.
A new home is one that has never been previously lived in or sold as a place of residence.
To be eligible for the grant, you must have entered into a contract to build or buy a home, or have started construction as an owner builder on or after 8 February 2019.
You can only apply for one grant of $20,000 per property.
To apply for the BuildBonus, follow these steps:
Step 1. Fill in the application – this can be found in the guide.
Step 2. Attach any supporting documents.
You will also need to include the BuildBonus vendor declaration with your application:
Step 3. Submit your application by mail or email to:
Territory Revenue Office
GPO Box 154
Darwin NT 0801
The date you can expect to receive the grant will depend on whether you are buying or building a new house.
For more information, read the guide.
For more information contact TRO by calling 1300 305 353.
Last updated: 04 March 2019