IBA acknowledges the Traditional Owners of Country throughout Australia and their continuing connection to land, sea, and community. We pay our respects to them and their cultures, to the Elders past, present, and emerging.
Aboriginal and Torres Strait Islander people should be aware that this website may contain images, names and voices of deceased people.

remote indigenous home loans


To improve opportunities for home ownership in remote areas, IBA is offering a package of financial assistance and grants which may include:

  • An IBA standard introductory interest rate loan with a longer introductory period.
  • Up to $13,000 grant available to meet establishment costs, like legal or financial advice, pest report, property valuation and initial home insurance costs.
  • Potential $20,000 grant available for minor house renovations, repairs and maintenance (subject to eligibility).
  • Low deposit requirements (from $1,500 depending on income).

Are you eligible?

Assistance is available to Aboriginal or Torres Strait Islander people who demonstrate a capacity and readiness to take on the responsibilities that come with owning a home.

Customers who currently live or previously lived in a Remote Location may be eligible.

IBA uses the Remote Locations – ARIA schedule to establish whether a property or location is considered ‘remote’ or ‘very remote’ which is an eligibility requirement for this product.

Generally, remote locations are Indigenous communities that lack a significant history of home ownership, including:

  • Locations where land title is held communally.
  • Locations that have mixed land tenure arrangements.
  • Locations on land that is partly owned under community title and is not Commonwealth land.
  • Communities classified as Remote or Very Remote under ARIA, together with, the following 4 locations in New South Wales:
    • Narrabri 
    • Coonamble 
    • Lake Cargelligo
    • Barradine

Establishment Costs Grant

Subject to approval and eligibility, a RIHL applicant may receive a grant of up to $13,000 to assist in meeting the following establishment costs:

  • legal advice and fees
  • financial advice
  • mortgage registration
  • preparation of security documentation
  • stamp duty
  • property valuation
  • pest and building reports
  • pest control
  • initial home insurance
  • project manager costs for new constructions or renovations.

Remote Indigenous Home Buyer Grant

Some properties may need repair and maintenance. Subject to approval and eligibility, a grant of $20,000 may be available to cover the following expenses:

  • Minor house repairs and maintenance.
  • Other costs associated with completing the home purchase, not met under the Establishment Costs Grant.

This grant is only available to applicants with total gross incomes up to $93,996 (effective as at 15 August 2023 and subject to change at any time).

Moving from a remote location?

People who permanently move from a nominated remote location or an outstation/small Indigenous community after 1 August 2015 remain eligible for RIHL and associated grants for up to five years from the date they move.

The applicant must have been a permanent resident of the remote community for three consecutive years and moved for education or employment opportunities.