What's available to you in South Australia
$15,000 Grant
For new homes - no price cap!
Zero Stamp Duty
No matter what price you pay
No Price Limits
Only state with uncapped benefits
Australia's most generous policy: SA removed ALL price caps in June 2024. A $2M new home gets the same $15k grant and zero stamp duty as a $500k home. No other state offers this.
National schemes you can pair with SA
Nationwide| Scheme | Deposit | Who it suits | Key benefit |
|---|---|---|---|
| First Home Guarantee (HGS) | 5% | First home buyers (or not owned in 10 years) | Avoid LMI via government guarantee |
| Regional First Home Buyer Guarantee | 5% | Regional SA purchases | No LMI for regional areas |
| Family Home Guarantee | 2% | Single parents/guardians with a dependent | No LMI; not restricted to first home |
| Help to Buy (shared equity, forthcoming) | 2%+ | Low‑to‑middle income buyers | Government equity lowers loan size and repayments |
| First Home Super Saver (FHSS) | — | Savers building a deposit | Tax‑advantaged savings via super |
SA's uncapped approach means you can access these federal schemes without worrying about state-level property limits.
South Australia programs
First Home Owner Grant (new homes)
- Grant: $15,000 for new homes.
- Property cap: None since June 2024!
- Applies to: New builds, house and land packages, off-the-plan.
- Residency: Must occupy as principal place of residence.
Stamp duty relief (no caps)
- New homes: Full exemption at any value.
- Vacant land: Full exemption at any value.
- Revolutionary policy: Buy a $2M+ home with $0 stamp duty.
- Start date: Contracts from 6 June 2024.
SA's uncapped advantage in action
Game-changing policy: SA first home buyers can access premium markets with the same benefits as entry-level buyers. This policy is unique in Australia.
Maximising SA's uncapped opportunity
Dream bigger
With no caps, you can consider higher-priced properties that other states exclude from benefits.
Get federal support
Apply for Home Guarantee Scheme through your broker - 5% deposit, no LMI.
Claim SA benefits
Get the $15k grant for new homes and zero stamp duty - no matter what you pay.
SA market opportunities
Premium Adelaide areas now accessible
- Eastern suburbs: Burnside, Unley, Norwood previously above benefit caps
- Hills districts: Stirling, Mt Lofty, Aldgate now fully supported
- Coastal premium: Brighton, Glenelg, Henley Beach with full benefits
- New developments: High-end projects qualify for both FHOG and stamp duty relief
Regional SA advantages
- Regional HGS access: Plus SA's uncapped benefits
- Barossa Valley: Premium wine region homes now fully supported
- Adelaide Hills: Lifestyle properties with complete benefit access
- Coastal regions: Victor Harbor, Port Lincoln with uncapped relief
Important things to know
What you need to know about SA's groundbreaking policy
Contract after June 6, 2024
The no-cap policy only applies to contracts signed on or after June 6, 2024.
New homes only
The $15k grant and stamp duty relief are for new construction and vacant land - not existing homes.
You need to live there
Must be your main residence for the required continuous period. Keep records.
Federal schemes have caps
While SA has no caps, national programs like HGS still have their own property and income limits.
Policies can change
While this policy is groundbreaking, governments can change rules. Always confirm at contract time.
Maximise SA's uncapped opportunity?
We'll help you leverage SA's unique no-cap policy to access premium markets while coordinating all available federal supports.