First Home Owner Grant NT 2026: Your Ultimate Guide to Getting Started

Understanding the First Home Owner Grant NT

The First Home Owner Grant is a national scheme funded by the Federal Government and administered by individual states and territories. In the NT, the grant aims to assist eligible first-time homebuyers by providing financial support. As of 2026, the NT Government offers a one-off payment of $10,000 to help cover the costs of purchasing or building a new home.

Eligibility Criteria

To qualify for the FHOG in the NT, you must meet several criteria:

1. First-Time Buyer: You must be purchasing your first home in Australia. Neither you nor your spouse (or de facto partner) can have previously owned a residential property. 2. Property Type: The grant is available for newly built homes or homes that are significantly renovated and sold as new. 3. Occupancy: You must occupy the home as your principal place of residence for a continuous period of at least six months within 12 months of completion/purchase. 4. Citizenship or Residency: Applicants must be Australian citizens or permanent residents.

How to Apply for the Grant

Applying for the FHOG is a straightforward process but requires careful attention to detail:

1. Prepare Your Documents: Gather necessary documents, including proof of identity, contract of sale, and evidence of citizenship or residency. 2. Submit the Application: Applications can be lodged through your lender or directly with the NT Department of Treasury and Finance. 3. Follow Up: Ensure your application is processed by maintaining communication with the relevant authorities or your lender.

Practical Tips for First-Time Buyers in 2026

• Plan Your Budget: Take into account additional costs such as stamp duty, legal fees, and moving expenses. The FHOG will assist with the initial cost, but a comprehensive budget is essential.

• Seek Pre-Approval: Before house hunting, seek pre-approval from lenders to understand your borrowing capacity and streamline the buying process.

• Consider New Builds: Since the FHOG applies to new homes, consider developments or off-the-plan purchases to maximise your grant benefits.

Common Mistakes to Avoid

• Ignoring Eligibility Requirements: Ensure you meet all the criteria before applying to avoid delays or rejections.

• Missing Deadlines: Pay attention to application deadlines and residency requirements to ensure you qualify for the grant.

• Overextending Financially: While the grant provides financial assistance, ensure your mortgage is manageable based on your income and expenses.

How Esteb and Co Can Help

At Esteb and Co, we specialise in guiding first-time homebuyers through the complexities of the mortgage process. Our experienced brokers are well-versed in the nuances of the FHOG and can assist you with:

• Application Assistance: We help prepare and lodge your FHOG application, ensuring all criteria and deadlines are met.

• Tailored Mortgage Solutions: Our brokers assess your financial situation to find a mortgage solution that best suits your needs.

• Expert Advice: With extensive experience in the NT property market, we offer insights and strategies to help you make informed decisions.