Stamp duty for first home buyers
First home buyers pay the same duty as everyone else in the NT. The exception is a house-and-land package bought from a builder under a contract signed by 30 June 2027, which can be fully exempt; it covers detached houses only.
| Price | Full duty | First home, established | First home, new |
|---|---|---|---|
| $400,000 | $16,514.30 | $16,514.30 | $16,514.30 |
| $525,000 | $25,987.50 | $25,987.50 | $25,987.50 |
| $650,000 | $32,175 | $32,175 | $32,175 |
| $800,000 | $39,600 | $39,600 | $39,600 |
Full duty is what a buyer who'll live in the home pays without the first home concession. Contracts from 1 July 2026.
Grants and the 5% Deposit Scheme
Grant
$50,000
HomeGrown Territory grant, for brand-new homes at any price.
5% Deposit Scheme price cap
$750,000
Capital city and regional centres; $600,000 elsewhere. Buy with a 5% deposit and no lenders mortgage insurance.
The HomeGrown Territory grant is $50,000 for contracts on brand-new homes signed by 30 September 2027. After that the standard $10,000 grant applies.
Questions people ask
Do first home buyers pay stamp duty in the NT?
Yes. The Territory has no first home duty concession; its home incentive schemes for duty ended on 30 June 2021. A house-and-land package from a builder can be exempt instead.
What is the house and land package exemption?
An exemption from stamp duty for a house-and-land package bought from a builder, for contracts signed by 30 June 2027. It covers detached houses only.
What is the HomeGrown Territory grant?
A $50,000 grant for first home buyers of brand-new homes, for contracts signed by 30 September 2027. After that date the standard $10,000 first home owner grant applies.
Can I use the 5% Deposit Scheme in the NT?
Yes, for homes up to $750,000 in Darwin and regional centres, or $600,000 elsewhere in the Territory.