Home sales for people with lower incomes
HomeSeeker SA offers eligible buyers exclusive access to a range of properties priced below $479,550. Some of these properties are available for a limited period of time before being listed for sale on the open market.
Properties are available throughout South Australia and include new build houses and ex-rental stock from public and community housing.
How to buy a home through HomeSeeker SA
- Step 1
Check your eligibility
To be eligible, everyone who will be listed as an owner on the certificate of title must:
- be aged 18 years or older
- not currently own a property
- plan to live in the home as an owner occupier for at least 6 months within the first 12 months after property settlement.
- meet the income and asset limits.
At least one applicant must be an Australian citizen or have permanent residency in South Australia.
Public and community housing tenants
Current Housing SA or community housing tenants are automatically eligible to buy through HomeSeeker SA. If you have a debt with Housing SA you must repay the debt in full before the settlement date. If successful you will no longer be eligible for public housing, and any in progress applications will be cancelled once a property is purchased.
- Step 2
Find a property
Visit HomeSeeker SA to view all available homes. You can register to receive email alerts when a property has been listed that matches your preferences.
Properties may also be advertised in newspapers and on realestate.com.au and developer websites.
- Step 3
You are responsible for organising your own finance and can use the lender of your choice. If approved for a loan 'in principle', your lender should provide you with a letter confirming the amount to be borrowed. Real estate agents can only sell HomeSeeker SA homes to pre-approved, eligible buyers.
You may wish to consider HomeStart Finance which offers a range of loans specifically tailored for low to moderate income households.
- Step 4
Buying a property
Contact the real estate agent selling the property to organise a time to view the property and arrange for a property inspection.
Once ready to purchase, complete and sign a 'declaration of eligibility' form and return to the real estate agent within five working days.
If you are not first in line when you express interest to purchase, you will become next in line if settlement does not occur.
- Step 5
Complete property purchase
The real estate agent will request a proof of 'in principle' finance from your lender, a contract of sale will be drawn up, and a settlement date will be booked in at Land Services SA. After settlement, you will legally become the property owner.
On this site
Buying your public housing property