Send us your details and we will be in touch.
Send your details and Jason or Steve will contact you within one business day to work through your borrowing position and the support that may be available to you. No fee from us - the lender pays us when your loan settles.
Steve does the legwork. Your part is one 15-minute call.
Steve works out which grants and schemes you can access, compares 60+ lenders, and coordinates your grant, stamp duty and First Home Guarantee applications through to settlement.
Over 8 years in finance and mortgage broking, known for his patience with first home buyers and for making an overwhelming process feel manageable.
More support available now than ever before.
Eligible SA first home buyers buying a new home can access a $15,000 grant, zero stamp duty and the ability to buy with a 5% deposit and no LMI.
The grants and schemes, in plain terms
- First Home Owner Grant - $15,000. A one-off SA Government payment for eligible first home buyers purchasing or building a new home. The price cap was removed in June 2024.
- Zero stamp duty on new homes. Covers new homes, off the plan purchases and vacant land to build a new home, with no price cap for contracts from 6 June 2024.
- First Home Guarantee - 5% deposit, no LMI. The government guarantees 15% of the loan value. No income caps and no limit on places from 1 October 2025. New and established homes.
- Single Parent Stream - 2% deposit. For eligible single parents or legal guardians with at least one dependent child. The government guarantees 18% of the loan, and no LMI is payable.
Current as at June 2026. Sources: RevenueSA and Housing Australia. Eligibility criteria, amounts and caps change regularly, so we confirm your entitlements in every assessment.
Where first home buyers get caught out
- Buying an established home rules out the grant, which is only for new homes that have never been occupied.
- Full stamp duty applies on an established home. SA has no first home buyer concession on established homes.
- The First Home Guarantee has price caps of $900,000 in Adelaide and $500,000 in the rest of South Australia, and you must apply through a participating lender.
- You have to live in it. The grant requires you to occupy the home as your principal residence for at least 6 months within 12 months of settlement.
- Without a guarantee, most lenders charge LMI on deposits below 20%.
The grant and the stamp duty concession are separate benefits with separate applications. We coordinate both, so nothing is missed.
From first chat to keys
Eligibility and strategy session
We review your deposit, income, property goals and eligibility for every available grant and scheme.
Loan comparison across 60+ lenders
Rate, features, lender policy and which lenders participate in the First Home Guarantee. Not every participating lender is equal.
Pre-approval and grant applications
Pre-approval from a real lender, so you can make offers knowing your finance is in place. Your grant, stamp duty and First Home Guarantee applications run alongside.
Formal approval and settlement
Once you have a signed contract we liaise with your lender, conveyancer and settlement agent, and are available on settlement day.
What clients say
The questions people ask us
How much deposit do I need as a first home buyer?
The minimum deposit depends on which pathway you take. The federal First Home Guarantee allows eligible buyers to purchase with a 5% deposit with the government guaranteeing 15% - meaning no LMI. Without the guarantee, most lenders charge LMI on deposits below 20%. Some government schemes allow deposits as low as 2-5% without LMI. Lendology assesses which pathway suits your situation.
Can I get the SA First Home Owner Grant and the stamp duty concession together?
Yes, in many cases. The $15,000 First Home Owner Grant (for new builds) and the stamp duty concession are separate benefits administered by RevenueSA, and eligible buyers can access both simultaneously. Lendology coordinates both applications as part of your loan process. Eligibility criteria apply to each - confirm your specific situation with Lendology.
Is the First Home Owner Grant available for established homes?
No. The SA First Home Owner Grant is only available for newly built properties that have never been occupied - this includes new house and land packages, off-the-plan apartments, and contracts to build. If you are purchasing an established home, the grant is not available, and SA first home buyer stamp duty relief also applies to new homes and vacant land only, so full stamp duty applies on an established home. You may still be able to use the First Home Guarantee with a 5% deposit. Eligibility criteria apply.
What is the First Home Guarantee?
The First Home Guarantee is a federal government scheme administered by Housing Australia. It allows eligible first home buyers to purchase with a 5% deposit, with the government guaranteeing 15% of the loan value. This eliminates the need for Lenders Mortgage Insurance. As of 1 October 2025 there are no income caps and no limit on places. The SA price cap is $900,000 in Adelaide and $500,000 in the rest of South Australia. Applications are made through a participating lender - Lendology manages this process.
How long does the first home buyer process take?
From your first chat with Lendology to pre-approval is typically 3 to 7 business days depending on document availability. From a signed contract of sale to settlement is usually 4 to 6 weeks. Lendology coordinates the grant applications, loan application and lender liaison throughout the process.
Do your own homework
Find out what you can access in 15 minutes, then decide.
We check which grants and schemes apply to you, compare 60+ lenders and give you an honest answer, with no obligation to proceed.
No fee from us. The lender pays us when your loan settles.