These are the maximum levels of income and assets for a household to be eligible for the Affordable Homes Program. The limits are reviewed annually.
If you're the head tenant of a public or community housing property you are automatically eligible for the program.
Income limits
Outer Adelaide including Greater Adelaide is subject to the Metropolitan base rate.
Income limits for metropolitan areas
| Household type | Gross Yearly Amount |
|---|---|
| Single person | $85,000 |
| Families with up to 3 children | $110,000* |
*A further allowance of 8% per additional child is allowed
Income limits for regional areas
| Household type | Gross Yearly Amount |
|---|---|
| Single person | $75,000 |
| Families with up to 3 children | $95,000* |
*A further allowance of 8% per additional child is allowed
Asset limits
Assets can include:
- money lodged with a financial institution
- real estate - such as vacant land
- shares, bonds and investments
- household and personal effects
- cars, boats and motorhomes
- superannuation
- overseas assets converted to Australian dollars.
| Household Type | Asset Value |
|---|---|
| Single person | $482,500 |
| Families with up to 3 children | $616,000 |
