NT Guide · FY 25/26
Northern Territory First Home Buyer Benefits
The NT uses a formula-based duty calculation, paired with a substantial FHOG for new builds.
Max Stamp Duty Exemption
Formula-based
Duty is calculated by formula, not fixed thresholds.
Max FHOG Amount
$50,000
Available for new homes and vacant land builds.
Price Caps
New build focus
FHOG applies to eligible new homes or builds.
Detailed rules
Established homes
- Stamp duty is calculated using the NT formula.
- No FHOG is paid on established purchases.
- Use the calculator for precise duty outputs.
New builds & vacant land
- $50,000 FHOG for new homes or vacant land builds.
- Stamp duty still follows the NT formula.
- Eligibility depends on the build contract details.
Real-World Scenarios
Scenario A — The Darwin Build
Sanjay is building a house in Darwin.
- FHOG: $50,000 cash grant from the NT government.
- Federal scheme: combines with the 5% guarantee to cover most of the deposit.
- Stamp duty: formula-based (use the calculator for the exact amount).
Scenario B — The Established Buyers
John and Emma buy an existing home for $650k.
- FHOG: $0 (established homes are not eligible).
- Stamp duty: formula-based (no exemption in the NT formula).
- Total impact: standard duty with no cash grant.
See NT outcomes quickly
Open the calculator to estimate duty with the NT formula.
Open Calculator