Territory Home Owner Incentives

The new Territory home owner package delivers further assistance to home owners building or purchasing a new home in the Territory.

A key aspect of the new package is BuildBonus, which will see the first 600 people to build or purchase a new home in the Territory to live in (including previous home owners), receive a grant of $20,000.

Additionally, stamp duty assistance will continue to be provided to first home owners, but will be expanded to include any person who builds or purchases a new or established Territory home, provided they have not owned a home in the Territory in the preceding 24 months.

The existing household goods grant scheme and home renovation grant for first home buyers continue.

Forms and declarations:
BuildBonus guideline and application form
BuildBonus vendor declaration (purchase of new home)
BuildBonus vendor (company) declaration (new residence)

Have more questions? Just click on this link Frequently Asked Questions or for more information, contact the Territory Revenue Office on 1300 305 353.