We have options to assist refugees looking to settle down or skilled migrants wanting to get established in the housing market.
HomeStart’s home loans could help you buy a home with a smaller deposit, or increase how much you can borrow.
We accept certain Centrelink payments as income, and can help you apply for government grants that can contribute to your upfront costs. Skilled migrants may also take advantage of the Graduate Loan’s 3% deposit.
How we can help
HomeStart is different from a bank. As part of the South Australian government, we provide home loans to help you get into the housing market and help make South Australia your home.
With HomeStart, you can:
Learn about the home buying process in South Australia by attending a free seminar in Adelaide, or visit our educational website MyStart for useful tips
Access interpreter services during a loan interview to help you understand how our loans work
Find information on how to buy a home in Nepali, Burmese and Dari
Read about our home loans in your own language
What you need to get started
To be eligible to apply for a loan, you will need to:
Buy a home in South Australia for you to live in
Be an Australian citizen or hold Permanent Residency or skilled migrant status in Australia
Be over 18 years of age
Have $3,000 of savings held for at least three months, or twelve months of good rental history.
Other criteria may apply, depending on which loan you choose. Contact us
to find out more.
Watch how other migrants have bought a home with HomeStart.