First Home Owner Grant SA | $15,000 South Australia FHOG 2026

First Home Owner Grant South Australia: $15,000 for New Homes

South Australia offers one of the highest First Home Owner Grants in Australia at $15,000, along with no stamp duty on new homes for first home buyers under contracts signed from 15 June 2024. Combined with HomeStart Finance — SA’s government-backed lender — the incentives available to South Australian first home buyers are among the strongest in the country. Lagos Financial helps buyers across South Australia structure their finances to take full advantage of these programs.

The SA First Home Owner Grant — $15,000

The South Australian Government provides a $15,000 FHOG for eligible first home buyers who build or purchase a new home in SA. The grant is administered by RevenueSA.

The grant applies to new homes — newly built properties, off-the-plan apartments, house-and-land packages, and substantially renovated homes — valued at up to $650,000. It does not apply to established (second-hand) dwellings.

Eligibility for the SA FHOG

To qualify:

At least one applicant must be 18 years of age or older
All applicants must be Australian citizens or permanent residents
No applicant (nor their spouse/partner) may have previously owned residential property in Australia
You must occupy the home as your principal place of residence within 12 months of settlement or construction completion
You must live in the property for a continuous period of at least 6 months
The home must be a new property valued at no more than $650,000

Stamp Duty on New Homes — Zero for First Home Buyers (From 15 June 2024)

This is one of the most significant first home buyer policy changes in South Australia in recent years. For eligible first home buyers who sign contracts on or after 15 June 2024 to purchase a new home, no stamp duty (transfer duty) is payable. This applies regardless of the purchase price of the new property, making it an incredibly valuable concession.

On a $600,000 new home, this represents a stamp duty saving of approximately $26,830 — on top of the $15,000 FHOG, the combined benefit could exceed $41,000.

Stamp Duty Relief for Off-the-Plan Apartments

South Australia also provides specific stamp duty relief for buyers of off-the-plan apartments. The concession allows duty to be calculated on the contract price minus the construction costs that occur after the contract date, reducing the dutiable value and therefore the stamp duty payable. This applies to both first home buyers and other owner-occupiers purchasing off-the-plan.

HomeStart Finance — South Australia’s Government Lender

HomeStart Finance is a South Australian Government-backed lender that specialises in helping South Australians into home ownership, particularly those who struggle to qualify with mainstream banks. Key features include:

Low deposit requirements — as little as 3% deposit in some circumstances
Flexible income assessment, accommodating casual workers and those on lower incomes
Shared equity and graduated payment loan products
No requirement to pay Lenders Mortgage Insurance (LMI) through HomeStart’s own arrangements
Income limits apply, making HomeStart targeted at low-to-moderate income earners

HomeStart is an approved FHOG agent, meaning it can lodge your grant application at settlement. Many buyers use HomeStart as a stepping stone to mainstream lending once they have built equity in their property.

Combining SA Benefits — A Worked Example

A first home buyer purchasing a new home in Adelaide valued at $600,000 (contract signed after 15 June 2024) could access:

$15,000 First Home Owner Grant
Zero stamp duty on new home (saving approximately $26,830)
Total combined benefit: approximately $41,830

This is a remarkable amount of upfront financial assistance for eligible buyers. Speak with our team about buying your first property in South Australia.

How to Apply for the SA FHOG

Most applicants lodge their FHOG through their lender (approved agent) at settlement. If using HomeStart Finance, they will coordinate this process. You can also apply directly to RevenueSA up to 12 months after settlement. Ensure you provide all required documentation, including proof of citizenship, identity, and the contract of sale or building contract.

Frequently Asked Questions — South Australia FHOG

Does the SA FHOG apply to established homes?

No. The $15,000 South Australian FHOG is exclusively for new homes valued under $650,000. The zero stamp duty concession for first home buyers also applies only to new homes under contracts from 15 June 2024. Buyers of established homes do not receive these concessions but may still access standard stamp duty rates.

What counts as a “new home” for SA FHOG purposes?

A new home is one that has not been previously sold as a place of residence and has not been previously occupied as a place of residence. This includes: newly built homes, off-the-plan apartments, and substantially renovated homes (where the renovation is comprehensive enough to satisfy RevenueSA criteria).

Can I use the SA FHOG with a HomeStart loan?

Yes. HomeStart Finance is an approved FHOG agent and can process your grant application as part of the settlement process. The $15,000 grant can also form part of your deposit when purchasing through HomeStart.

Is there an income limit for the SA FHOG?

There is no income limit for the SA First Home Owner Grant itself. Income limits do apply to HomeStart Finance loans and to certain shared equity schemes, but not to the grant directly.

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About the Author
Victor Lagos is a licensed mortgage broker (ACL 546774) and founder of Lagos Financial, with close to 20 years of finance industry experience since beginning his career at Bluestone Mortgages in 2006. A member of the Finance Brokers Association of Australia (FBAA) since 2015 and the Australian Financial Complaints Authority (AFCA — 98399), Victor helps Australians build wealth through tailored home loan and property investment strategies, working with 60+ lenders nationwide. Last reviewed: March 2026.

First Home Owner Grant SA | South Australia $15,000 FHOG Guide 2026