How Do I Buy An Affordable Home
You can purchase a home through the Affordable Home program in five steps.
Check you’re eligible for the Program
Register for property alerts – create search results depending on what you’re looking for in a home.
Get financial pre-approval from any financial institution. The first eligible buyer with proof of finance to complete a declaration of eligibility will have the first option to purchase an Affordable Home.
Contact the real estate agent selling the home. The agent will let you know the required deposit and will walk you through the paperwork to buy your home.
Complete and sign the paperwork to confirm the purchase of your home!
Refer to our FAQ page for useful information on buying a home.
HomeStart Finance provide information on home loans for low to moderate income earners, and hold free seminars covering all you need to know about buying a home.
You may also be eligible for a grant or subsidy to help you purchase a home, visit RevenueSA for more details.
The First Home Loan Deposit scheme is an Australian Government initiative that aims to help first home buyers purchase a home with a deposit of as little as 5% (lenders’ criteria apply).