Building a new home in the Northern Territory (NT) presents exciting opportunities—but understanding the local costs and factors is essential.
Whether you’re a first-time buyer or an industry professional, navigating the NT’s unique housing market requires careful consideration.
A recent article, How Much Does it Cost to Build a House in the NT? dives into the true costs of building here. One financial advantage is stamp duty savings—you only pay stamp duty on the land value, not the construction cost, leading to potential savings for first-time buyers.
Additionally, homeowner incentives like the HomeGrown Territory Grant (up to $50,000) and the FreshStart New Home Grant (up to $30,000) are available up to September 30, making it the ideal time to invest in titled land and start building. With the dry season approaching, it’s the perfect moment to buy and build in the NT.
At Urbex, we offer tailored House and Land Packages (HLP) to simply the process. For instance, Andrew Harvey Builders, offers a 4-bed, 2-bath, 2-car home in Zuccoli Village for $687,000^, equating to $2,600 per square metre compared to the NT’s average construction costs of $2,150 to $4,000 per square metre.
As the NT’s housing market evolves, smaller lot sizes and tropical elevated homes are becoming the norm. These designs maximise airflow, and flexible space underneath, perfect for the region’s lifestyle.
Urbex is leading the way in innovative housing solutions, working with trusted local builders, architects and urban planners. Our communities, like Zuccoli Village and The Heights Durack offer well-designed, sustainable living spaces that meet with the needs of today’s homeowners.
Building your dream home doesn’t have to be complicated. With local incentives, titled land, and the expertise of builders, the journey to homeownership is achievable. Urbex is here to guide you through the process.
Want to learn more about how we’re shaping the future of NT housing? Explore our developments below or connect with us today to discuss your next move.
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