Rent today. Buy tomorrow.
Are you dreaming of owning your own home? Look no further. The South Australian Housing Trust's new Rent to Buy program is here to provide a path to owning your own home. The Trust is releasing 100 homes from its Affordable Housing Initiative to provide dynamic rent-to-buy opportunities just for you.
We believe stable housing is the foundation of a strong future. This program gives everyday South Australians a fair go, offering a secure home now, and a real shot at owning it in the future.
How it works
- Rent a newly built home at 75% of market rent for up to 2 years
- No searching - we will match the property to you
- Save while you rent
- Buy your home in up to two years at a fixed purchase price, set at the time of lease
Eligibility
You may be eligible if you:
- Are a South Australian resident
- Earn a moderate income (e.g. under $150,000 household income)
- Don't currently own property
- Meet HomeSeeker SA eligibility
- Are ready to work toward homeownership
Renters would be pre-qualified to test that they meet the criteria and have the capacity to purchase the property at the end of the two-year lease.
The initiative will be open to all eligible purchasers, however priority will be given to individuals who have been employed long-term and have spent an extended period in the rental market without the opportunity to transition into home ownership.
Seize your opportunity
Take advantage of this unique opportunity to transition from renter to homeowner. If you're ready to take the first step towards owning your home, register your interest below for homes coming soon. Check out our FAQs for more information, complete a financial readiness check and be invited to stay up to date for future home releases.