How Do I Buy An Affordable Home

You can purchase a home through the Affordable Home program in five steps.

Step 1
Check you’re eligible for the Program


Step 2
Register for property alerts – create search results depending on what you’re looking for in a home.


Step 3
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.


Step 4
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.


Step 5
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.

The First Home Owner Grant provides $15,000 for people buying their first home. Speak to either your Real Estate Agent or Revenue SA for information on how to lodge your application. Further information can be found at Revenue SA.

HomeBuilder is a new Australian Government initiative that will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build or buy off the plan a new home. Contracts must be signed between 4 June 2020 and 31 December 2020, and construction commenced within 3 months of contract.   

Register your details to be notified when applications details are available at Revenue SA.   You can find out more about HomeBuilder here.

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).  All places have now been filled for 2019-2020, but the scheme will re-open from 1 July 2020. You need to use a participating lender who will help you with your application.