South Australia first home buyers: $15,000 and no stamp duty on new — with no price cap
South Australia removed the price caps in 2024. Buy your first home new and you get a $15,000 grant and pay no stamp duty, whatever the price.
$15,000 First Home Owner Grant, no price cap
First home buyers who buy or build a new home — including an off-the-plan apartment — can receive a grant of up to $15,000. For contracts from 6 June 2024 there is no property value cap. You need to live in the home.
No stamp duty on a new first home
Eligible first home buyers pay no stamp duty on a new home, an off-the-plan apartment, or vacant land to build on — again with no value cap for contracts from 6 June 2024. The relief isn't available for established homes, which makes buying new the clear choice for a first home in South Australia.
Add the federal schemes
- 5% Deposit Scheme — 5% deposit and no lenders mortgage insurance for homes up to $900,000 in Adelaide, and $500,000 elsewhere in South Australia.
- Help to Buy — the government contributes up to 40% of the price of a new home.
More on both: federal first home buyer schemes.
Sources: RevenueSA — first home owner grant; stamp duty relief for first home buyers; 5% Deposit Scheme.
Common questions
How much is the first home owner grant in South Australia?
Up to $15,000 for eligible first home buyers buying or building a new home, with no property value cap for contracts from 6 June 2024.
Do first home buyers pay stamp duty in South Australia?
Not on a new home, an off-the-plan apartment or vacant land to build on — eligible first home buyers pay no stamp duty, with no value cap for contracts from 6 June 2024. The relief doesn't apply to established homes.
Is there a price limit on the SA first home grant?
Not for contracts entered into from 6 June 2024 — there is no property value cap.
General information, current at the date above. Grants, concessions and tax rules have eligibility conditions this page summarises; it isn't personal tax, legal or financial advice. Confirm your eligibility with the relevant government agency, your lender or your accountant before you rely on it.