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Eligibility


You are eligible to apply for a HOMESTART NT loan if you meet all of the following criteria.

  • You are an Australian citizen or permanent resident.
  • You or your spouse / defacto partner do not currently own another property or share in a property in Australia.
  • You have assessable income and assets that are within the eligibility limits.
  • The purchase price of the property to be bought or built is within the eligibility limits.
  • You have a minimum deposit of 2% of the price you are paying for your share.
  • You are contracting a Northern Territory licensed builder if building a dwelling.
  • You will live in the property.

HOMESTART NT is reviewed regularly to ensure it keeps pace with the market and continues to support Territory families to become home owners.

For further information on eligibility download the factsheet Is HOMESTART NT for you (pdf 224Kb)? 

Note: Current public housing tenants should refer to the Public Housing Sales Program for Tenants (pdf 169Kb) fact sheet as different eligibility criteria apply.