Home Buyer Initiative
The Real Housing for Growth Plan’s home buyer initiative provides eligible Territorians with the opportunity to purchase properties made available throughout the Northern Territory.
The properties offered for sale through this initiative are generally either refurbished or pre-constructed homes; or house and land packages.
To be approved as an eligible purchaser, you must meet specific criteria and submit an application before making your purchase.
Future opportunities for approved purchasers will be available in 2014.
To keep up-to-date on current and upcoming affordable housing initiatives register your interest to receive notifications via SMS and email.
For more information about affordable housing call NT Home Ownership on (08) 8999 8471 or email [email protected].
How do I apply?
Step 1 – Arrange finance
You will need to obtain ‘in principle’ home loan approval in writing.
Step 2 – Check your eligibility
To be eligible you must:
- be a natural person (not a trust or company), 18 years of age or over
- be an Australian citizen or permanent resident of Australia
- not currently own another property or share in a property in Australia (this also applies to your spouse/defacto partner)
- have a satisfactory pre-approval letter of finance
- not exceed the maximum income limits
- not currently be a party to a contract of sale for the purchase of any house, land or unit (or combination).
Step 3 – Submit an application
You must submit an application to be approved as an eligible purchaser.
You can start your application now and be ready to purchase as soon as properties are available.
To apply download the application kit ( PDF) (1.6MB) . The application kit includes the eligibility criteria, application form and FAQs.
Applications may be submitted by emailing the completed application to [email protected] or make an appointment by phoning (08) 8999 8471.
After your application has been assessed you will receive notification of your eligibility and you will go into the pool of approved applicants.
Step 4 – Purchase a property
The properties available for sale are offered on a first in, first served basis to approved eligible purchasers.
We have an awesome house thanks to awesome people and we moved in 8 weeks early!"
You can tell a good builder by the after sales service... yours has been great!"
Our house started at the same time as our neighbour. We have had a dream run, moved in early and would build with Abode again. Our neighbour doesn't have the same feelings for their builder."