Income and asset limits for the Affordable Homes program

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

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Page last updated 16 July 2020

Provided by:
SA Housing Authority
URL:
https://www.sa.gov.au/topics/housing/buying-a-home/affordable-homes-program/income-and-asset-limit
Last Updated:
16/07/20
Printed on:
21/09/20
Copyright statement:
SA.GOV.AU is licensed under a Creative Commons Attribution 4.0 Licence. © Copyright 2020
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