Lot 2, 5 Parsons Avenue, Morphett Vale

Sale Price $660,000 with Repayments Based on a $495,000 Loan!

*This property is only available with HomeStart’s Shared Equity Option. 

OWN YOUR DREAM HOME FOR LESS THAN $10K UPFRONT

Imagine stepping into your brand-new, 3-bedroom + study home with just a $9,900 deposit—no mortgage repayments until it's ready for you to move in!

HomeStart's Shared Equity program enables you to own a $660,000 home with your share of the costs being just $495,000! Plus, you may be eligible for a $15,000 First Home Owner's Grant AND a full stamp duty concession. Giving you a head start of over $45,000 toward your dream home!
The savings don’t stop once you get the keys…Feel good about the environment and your future savings as your eco-friendly home boasts all-electric appliances (no gas bills). Plus smart features such as the heat pump hot water system, induction cooking, light-coloured roof, optimal orientation and maximised northern glazing will keep your electricity bills low and comfort high. 

With all three bedrooms sized to fit king-size beds (plus bedside tables), you could easily rent any spare rooms to help pay down the mortgage and get ahead fast. Meanwhile, continue to live it up in absolute luxury. You will enjoy year-round comfort with ducted and zoned reverse cycle air-conditioning. The luxury bathroom has a wall-to-wall vanity, and a walk-through double-width shower leading to the bath. You have large storage space on both floors with a huge under-stair store and an extra-wide linen.

Take comfort that your new home has been designed and will be built by the best in the business. House-Proud Property Developments has a passion for delivering homes that give an enduring House-Proud feeling. And the project will be brought to life by the award-winning builder, Alliance Development and Construction, with construction to commence early 2025. 

You will love:
-    $45,000+ of savings for eligible First Home Owners
-    Low $9,900 upfront deposit
-    Ticks every box: 3 adult-sized bedrooms + study + luxury bathroom + ample storage
-    Enviable indoor-outdoor connection to your north facing private yard
-    Save money and feel good in an eco-friendly, all-electric development – no gas bills     and lower electricity bills
-    Construction scheduled to commence early 2025 

Located in the heart of Morphett Vale, your home is surrounded by local amenities, schools, parks, and public transport. You will love this fast-growing, family-friendly that is only a 30-minute drive to the CBD.

This opportunity is exclusive to the HomeSeeker SA program - find out if you are eligible at homeseeker.sa.gov.au/eligibility. These homes must be sold in a first-in-line order so call as soon as possible to avoid the disappointment of missing out.
 

HomeStart Finance

Everyone deserves the chance to own their home and for 35 years HomeStart have been helping South Australians achieve this dream. They understand that everyone’s circumstances are different which is why they have a range of innovative, low deposit loans and additional options that cater to the diverse needs of our community. Eligibility criteria, terms and conditions apply. Fees and charges are payable. 

HomeSeeker SA

This property is available through the state government’s HomeSeeker SA program, which provides eligible buyers the opportunity to purchase fixed price homes without competing with property investors. Check if you’re eligible for HomeSeeker SA at homeseeker.sa.gov.au/eligibility. Please note that the properties listed on HomeSeeker SA may be offered for sale by third-party vendors. The inclusion of a property on this website does not constitute any recommendation, endorsement or guarantee by the Government of South Australia regarding the property or the terms of any sale. The Government of South Australia is not responsible for the performance of any agreements with third-party vendors and is not a party to any disputes arising from such agreements. It is strongly recommended that you seek independent legal advice before entering into any transaction in relation to a property listed on this website.