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How to apply for the $15,000 First Home Owner Grant in South Australia
Our analysis shows the grant could save a homeowner a further $17,376 in interest if it’s put towards their home loan
Home loan guide written by Matthew Hart and reviewed by Jared Mullane. Updated 13 Feb 2026.
Interest rates from
5.54%
p.a.
Comp. rates from^
5.58%
p.a.
Variable Bare Home Loan 90% LVR
Borrow up to $2m with competitive variable rates from 5.54% p.a. (comparison rate^ 5.58% p.a.). Enjoy flexible payment options, zero monthly or ongoing fees, unlimited free redraws and up to 30 year terms. 90% Max LVR applies. Visit site for T&Cs and to check eligibility.
The First Home Owner Grant (FHOG) is a one-off, tax-free grant available to eligible first-home buyers in South Australia. It can help alleviate some of the costs of buying a home in SA, but specific limits and eligibility criteria apply.
The First Home Owner Grant in South Australia is $15,000 for eligible first-home buyers to buy or build a new home.
In June 2024, the SA government removed property price caps for the FHOG. This means that eligible first-home buyers in South Australia can receive the grant regardless of their property's cost.
To qualify for the FHOG, you must be purchasing or building a home in South Australia that will be your principal place of residence for at least six continuous months. Eligible properties include:
You may not be eligible for the FHOG if you’ve owned or partly owned an investment property, even before 1 July 2000, (when the FHOG was introduced), according to RevenueSA.
| With $15,000 SA FHOG | Without SA FHOG | |
|---|---|---|
Loan amount | $600,000 (reduced to $585,000) | $600,000 |
Interest rate | 6.00% p.a. | 6.00% p.a. |
Monthly repayments | $3,507.37 (save $89.93) | $3,597.30 |
Total to repay | $1,262,653 (save $32,376) | $1,295,029 |
Total interest payable | $677,653 (save $17,376) | $695,029 |
Debbie Hays, Senior Mortgage Broker
“Lenders generally expect you to show genuine savings, equivalent to at least 5% of the home loan amount, alongside any grants you intend to use. Lenders will ask for three months of bank statements to evaluate your savings history and expenditures. Some lenders may consider rental payments as genuine savings if you can provide a rental ledger."
Debbie Hays, Senior Mortgage Broker
You can apply for the First Home Owner Grant through your lender (who will handle all the paperwork) or directly with RevenueSA.
If you apply via your lender Complete the First Home Owner Grant application form and submit it to your lender with the supporting documents of the property purchase. You’ll also be asked to provide 100 points of Australian or state-issued documents that the lender can use for your home loan application. The lender will lodge your FHOG application on your behalf.
If you’re approved for the FHOG, you’ll usually receive the payment at settlement if you’re buying a newly-established home or at the first drawdown of funds if you’re building a new home.
If you apply via RevenueSA You can lodge your grant application online and upload your supporting documents via the RevenueSA Online Application Portal.
If you’re approved for the FHOG, you’ll receive the payment within 5 days of submitting your property title registration paperwork or the copy of the first progress payment invoice if you’re building a new home.
Verify your eligibility for the First Home Owner Grant. Tick the relevant box for questions 1 to 7.
Each applicant must fill out their personal information and contact details. If you’re applying with a spouse, they must enter their details in the ‘Applicant 2’ section. There’s a separate section for spouses not party to the grant application further down.
Enter the details of the property you’re buying, including the street address or a lot number if a street number is not allocated (e.g. new housing estates or developments). You’ll also be asked to include transaction details, such as your settlement date for a new home, a contract of sale or contract to build date.
If you’re applying directly through RevenueSA, you will need to nominate the bank account you’d like the grant paid into. If you’re applying through your lender, the grant will be paid to them in accordance with your agreement.
Each applicant must agree to and sign the declaration to confirm that all information provided is true and correct, and that they’ve read and understood all the details completed on the application form.
Submit your completed First Home Owner Grant application form to your lender or RevenueSA for review. You will be contacted if any details are missing or if further clarification is needed.
The First Home Guarantee (FHBG) is a nationwide program that helps eligible first-home buyers purchase a property with a deposit as low as 5%, including in regional areas under the Regional First Home Buyer Guarantee (RFHBG). Housing Australia guarantees up to 15% of the value of a first home, meaning you’d avoid lender’s mortgage insurance (LMI).
In South Australia, the FHGB price cap is $900,000 for homes in capital cities and regional centres and $500,000 for the rest of the state.
There’s also the Family Home Guarantee (FHG) to help eligible single parents or guardians buy a property with a deposit as low as 2%, with Housing Australia guaranteeing up to 18% of the property’s value.
Yes, it’s possible to use both the $15,000 SA first-home buyer grant and (FHBG) if you qualify, according to Housing Australia. However, the FHOG is typically available only at settlement (i.e. after the completion of your property transaction), so it can’t directly be put towards the minimum 5% deposit for the FHBG.
Mortgage brokers we spoke to said in certain situations lenders might consider including your FHOG as part of your deposit, most commonly with off-the-plan property transactions.
Even if a lender does not accept FHOG funds as part of your deposit, being eligible for it may still help you when applying for a loan. For example, lenders may factor in the one-time payment when assessing your borrowing capacity, pending grant approval, according to ANZ.
 | Laboratories Credit Union Simple Home Loan Owner OccupiedInterest rate 5.19% per annum (variable) Comparison rate 5.21% per annum Redraw App Fee: $200 Max LVR 95% | Compare now on Money.com.au or visit site |
 | South West Slopes Bank Optimum 1 Year Fixed Rate Home LoanInterest rate 5.20% per annum (fixed 1 year) Comparison rate 5.78% per annum Redraw Split Loan Max LVR 90% | Compare now on Money.com.au or visit site |
 | Pacific Mortgage Group Owner Occupied Variable Home LoanInterest rate 5.34% per annum (variable) Comparison rate 5.34% per annum Redraw Max LVR 80% | Compare now on Money.com.au or visit site |
 | Border Bank First Home LoanInterest rate 5.34% per annum (variable) Comparison rate 5.41% per annum Cashback Max LVR 98% | Compare now on Money.com.au or visit site |
| Border Bank First Home LoanInterest rate 5.34% per annum (variable) Comparison rate 5.41% per annum Cashback Max LVR 98% | Compare now on Money.com.au or visit site |
Matt joined Money.com.au in 2025 as a Finance Content and Media Specialist. With over a decade of experience in journalism and content creation, Matt is passionate about offering value to readers through engaging and informative content.
Jared Mullane is a finance writer with more than a decade of experience at some of Australia’s biggest finance and consumer brands. His areas of expertise include energy, home loans, personal finance and insurance. Jared is qualified with a Certificate IV in Finance and Mortgage Broking (FNS40821).
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