First Home Buyer Grants SA › Is there a property price cap on the South Australian grant?

Is there a property price cap on the South Australian grant?

No. South Australia removed the property price cap on the First Home Owner Grant, so the full $15,000 may be available on an eligible new home regardless of the build or purchase price.

Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the author

Why this matters

Most states cap the grant at a set property value, which can rule out higher value new builds. South Australia removed that cap, so the grant is judged on whether the home is a genuine new home, not on its price. This makes South Australia one of the more generous states for buyers building or buying a higher value new home.

The key points

There is no maximum property value for the grant.
Eligibility depends on the home being new, not on the price.
The same applies to the first home buyer stamp duty exemption.

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More first home buyer grant questions in South Australia

Back to the full First Home Buyer Grants South Australia guide

General information only. This page provides general information based on first home buyer settings current in 2026. It is not financial advice, a quote, or a guarantee, and your personal circumstances have not been considered. Grant amounts, caps, eligibility and scheme places change and vary by circumstance, and some help applies only to new homes. Always confirm current grants and your eligibility with RevenueSA, Housing Australia, or a licensed mortgage broker. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.