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South Australian First Home Owner Grant

If you are a first home buyer purchasing or building a new home in South Australia, you may be eligible for a first home owner grant of up to $15,000, if you are:

  • buying a new home* (including a house, flat, unit, townhouse or apartment);
  • buying an off-the-plan apartment;
  • buying land and a new home (contract to build - comprehensive building contract); or
  • an owner of vacant land that you are building a new home on;

in South Australia and that home will be your principal place of residence.

*A new home is one that has not been previously occupied or sold as a place of residence and includes a substantially renovated home.

You may be eligible, as a first home buyer for a grant of up to $15,000 on the purchase or construction of a new residential home in South Australia.

No property value cap applies where the contract was entered into on or after 6 June 2024.


If you entered into your contract on or before 5 June 2024, a first home owner grant is available for new homes with a value of up to:

  • $650,000 or less where the contract was entered between 15 June 2023 and 5 June 2024; or
  • $575,000 or less where the contract was entered into on or before 14 June 2023.


You may be eligible for the grant if you are:

  • an Australian citizen or permanent resident. New Zealand citizens permanently residing in Australia who hold Special Category Visas may also apply. Only one applicant must meet this eligibility requirement.
  • at least 18 years of age.
  • a natural person.

Ownership of, or an interest in, other residential property is considered in determining your eligibility for the first home owner grant. This includes residential property you have previously owned, and residential property currently owned or previously owned by your spouse/domestic partner.

Each applicant must reside in the home as their principal place of residence for a continuous period of at least six months commencing within 12 months of date of settlement for contracts to purchase, or the date construction is completed for owner builders or contracts to build.

For more details on eligibility criteria please see the first home owner grant eligibility criteria page.


More Information:

https://www.revenuesa.sa.gov.au


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