First Home Buyers In Adelaide – What You Need to Know: First Home Owner’s Grant NT
In the Northern Territory the FHOG scheme provides eligible first home owners with a $7,000 grant in relation to the purchase or construction of a home.
FHOG is not means tested however, from 4 December 2012 eligibility ceases to apply if the consideration for, or the value of the home is more than $600,000. This includes the unencumbered value of the land on which a home is to be built.
In addition to the federal government