Tool 15 · First home buyers · No signup

First Home Buyer Scheme Navigator

You have savings. The government has three very different ways to help. Enter what you've saved and your income, and see, side by side, how much house each scheme unlocks, how much the government effectively puts in, your loan and repayment, and which Adelaide suburbs come into reach. Updates as you type.

Your situation
Cash you can put toward the purchase. You will also need some cash for fees (and stamp duty on established homes).
New homes unlock the $15,000 grant and $0 SA stamp duty, and a bigger Help to Buy equity share.
Before tax, including base salary and regular allowances.
Buying with a partner? Add their income. Leave at 0 if buying solo.
Lenders assess at 3% of the limit, even if the cards are unused. Leave at 0 if none.
Car loans, personal loans, BNPL, HECS aside. This reduces what you can borrow.
Loan assumption
How this works

In income mode we estimate your maximum loan using ATO 2024-25 tax, the 2% Medicare levy, HECS, the HEM living-expense benchmark, your existing debts (3% of credit-card limits plus other monthly repayments) and the APRA 3% serviceability buffer (the same framework as our Borrowing Power tool). We then layer each government scheme on top of your savings to work out the maximum purchase price, the government's contribution, your loan and your repayment. Indicative only. SA Property Central is not a lender or broker, confirm eligibility and figures with your bank or a licensed broker.

Enter your savings and income to compare the first home buyer schemes

Frequently asked questions

How much does the government give first home buyers in South Australia?

It depends on the scheme, and they work very differently. The SA First Home Owner Grant is a $15,000 cash payment for buying or building a new home, and new homes pay $0 stamp duty (a saving worth tens of thousands). The federal Help to Buy scheme contributes an equity share of up to 40% of a new home's price (30% for established), which you repay when you sell. The First Home Guarantee gives no cash but lets you buy with a 5% deposit and skip Lenders Mortgage Insurance. Many buyers stack the grant with the guarantee on a new build.

Can I buy a home with a 5% deposit?

Yes. Under the First Home Guarantee you can buy with as little as a 5% deposit and avoid Lenders Mortgage Insurance, because the government guarantees up to 15% of the loan. From 1 October 2025 the scheme removed income limits and place caps, and lifted the Adelaide property price cap to $900,000. The Help to Buy shared equity scheme goes further, you need only a 2% deposit, but the government takes an equity share in the home.

What is the Adelaide property price cap for these schemes?

From 1 October 2025 the First Home Guarantee price cap for Adelaide and the rest of SA is $900,000 (up from $600,000). Help to Buy has a lower Adelaide cap of $700,000. The FHOG and $0 stamp duty for new homes have no value cap. These caps are the maximum purchase price the scheme supports, not a deposit figure.

How does the Help to Buy shared equity scheme work?

The federal government co-buys the home with you, contributing up to 40% of the price for a new home or 30% for an established home, for that share of ownership. You provide a deposit as low as 2% and take a smaller mortgage on the remaining share, so repayments are lower. You repay the government's share, including its share of any capital growth, when you sell or buy it back. Income caps apply ($100,000 single, $160,000 couples and single parents) and places are limited each year.

Do first home buyers pay stamp duty in South Australia?

For contracts signed on or after 6 June 2024, eligible SA first home buyers pay $0 stamp duty on a new home, off-the-plan apartment, house-and-land package or vacant land to build on, with no value cap. Buying an established home is different: normal stamp duty applies (a concession may apply at lower price points). This is why building or buying new is often far cheaper overall for an SA first home buyer.

Can I combine first home buyer schemes?

Often yes. A common stack on a new build is the $15,000 grant + $0 stamp duty + the First Home Guarantee (5% deposit, no LMI). Help to Buy is generally used on its own rather than alongside the guarantee, because both change your loan structure. Always confirm the current rules and your eligibility with your lender or broker, scheme terms change.

Is this financial advice?

No. SA Property Central is not a lender, broker or credit provider, and this is an information tool only. Scheme rules, caps and eligibility change and have fine print this tool simplifies. Always confirm with Housing Australia, RevenueSA, your bank or a licensed broker before relying on any figure.