The Northern Territory Government provides a stamp duty Principal Place of Residence Rebate (PPRR) to persons purchasing a new home or land on which to build a home.
A new home is a home that has never been previously lived in or sold as a place or residence. Substantially renovated homes may be considered as a new home for the purpose of the PPRR. For further details on what constitutes a new home refer to the Commissioners Guideline below.
CG-HI-011: What is a new home? (pdf, 74kb)
CG-HI-011: What is a new home? (docx, 685kb)
The PPRR is an amount up to $7000 off the duty payable. For details of the thresholds prior to this date, view Home Owner Assistance Pre 4 December 2012.
The PPRR is not available to persons eligible for the First Home Owner Grant or the stamp duty First Home Owner Discount or Senior, Pensioner and Carer Concession.
Territory Revenue Office administers the scheme.
Test your eligibility
Stamp duty calculator to estimate the duty payable
Principal Place of Residence Rebate Guide and Application Form (pdf, 310kb)