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First Home Owner Grant South Australia

An aerial view of a modern housing development in Adelaide, South Australia

If you're a first time home buyer in South Australia, take advantage of the SA government's First Home Owner's Grant (FHOG) to help get you closer to holding the keys of your dream property. 

The grant is open for first time buyers looking to buy a newly-constructed home, offering a one-off payment which you can use as part of your deposit. 

The grant is not available to investors. Instead, you'll have to call the property home. 

How much is the First Home Owner Grant in SA?

In South Australia, the First Home Owner Grant (FHOG) is $15,000. 

A map of the South Australian state with information about the FHOG

Who is eligible for the First Home Owner Grant in SA?

You can get the $15,000 First Home Owner Grant (FHOG) in South Australia if you are a first home buyer looking to buy or build a brand-new home, valued up to $650,000. 

Further eligibility requirements state that:

  • At least 1 applicant must be an Australian citizen or permanent resident.
  • Applicants or their spouses can't have owned/acquired residential property in Australia on or after 1 July 2000.
  • You intend to move into your new property within 12 months of the sale.
  • You have to live in the property as your principal place of residence (PPOR) for at least 6 months. 
  • Each applicant has to be older than 18 years of age when they apply.

How to apply for the first home owner's grant in SA?

In most cases, your home loan lender can lodge the FHOG application on your behalf. Otherwise, you can lodge it through RevenueSA.

However you decide to lodge your application, it must be done within 12 months of the purchase date.

When will the FHOG be paid?

The grant will be paid at different times, depending on how you applied and the type of property you're buying. 

For example, if you apply through your lender, and you're purchasing a new or off-the-plan home, you can expect your FHOG payment on the date of settlement.

However, if you apply through RevenueSA, it can take about 5 days to receive, after you have submitted all the relevant supporting documents.

For more information, visit the RevenueSA website.

What other grants or schemes are available in SA?

As well as the $15,000 FHOG, South Australian first home buyers may be eligible for: 

Stamp duty relief

  • A transfer duty exemption for new homes valued up to $650,000, or vacant land valued up to $400,000.
  • A concessional transfer duty rate for new homes valued between $650,000 and $700,000, or vacant land up to $450,000. 

HomeStart

  • 2% home loan deposit for first home buyers building a new home.

How do I apply for the first home owner's grant in other states or territories?

Home loan comparisons on Mozo - last updated 28 May 2024

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Jack Dona
Jack Dona
RG146
Money writer

Jack is RG146 Generic Knowledge certified, with a Bachelor of Communications in Creative Writing from UTS, and uses his creative flair to cut through the financial jargon and make home loans, insurance and banking interesting. His reader-first approach to creating content and his passion for financial literacy means he always looks for innovative ways to explain personal finance. Jack's research and explanations have been featured in government publications, and his work is regularly featured alongside major publications in Google's Top Stories for Insurance.

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

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