Rent to Own
Building on Success. Looking to the Future
Rent to Own builds on the success of the SA Housing Trust's Rent to Buy pilot program, helping more eligible South Australians work towards the dream of home ownership.
Over the coming years, up to 2,000 purpose-built Rent to Own homes will become available across South Australia.
Register your interest to receive updates about eligibility, future home releases and how to apply.
How it works
Rent to Own gives eligible South Australians a new pathway from renting to owning.
If you are eligible and register your interest, you'll be invited to apply for Rent to Own homes as new projects become available.
If your application is successful, you'll move into a newly built home and begin your journey towards home ownership.
Rent your home first
Move into a new, purpose-built home and pay reduced rent while you prepare to buy.
- Pay rent at 75% of the market rate.
- Keep more money in your budget to save for your deposit.
- Sign a 12-month lease and sale agreement to lock in your purchase price.
- Enjoy the confidence of knowing the price won't change while you prepare.
Save while you rent
Reduced rent gives you more opportunity to prepare for home ownership.
- Build your savings and your deposit while living in your new home.
- Improve your financial position.
Prepare to buy
Take the time you need to prepare before buying.
- Learn about the home buying process.
- Understand home loans and the costs of owning a home.
- Build your savings and reduce debt.
- Access information and support to help you prepare.
Buy when you are ready
When you're financially ready and meet the program requirements, you'll have the opportunity to take the next step towards owning your own home.
- Finalise your home loan process.
- Purchase your home at the agreed price.
- Work towards owning your own home.
Am I eligible?
Rent to Own is designed for eligible South Australians who are ready to work towards owning their own home.
You may be eligible if you:
- live in South Australia and are an Australian citizen or permanent resident
- have a job or run your own business
- are currently renting
- meet the HomeSeeker SA income and asset limits
- meet HomeSeeker SA eligibility
- do not currently own property
- intend to live in the home as your main place of residence
To help make sure Rent to Own is right for you, we'll guide you through an eligibility and financial readiness process before you're offered a home.
This includes confirming you meet the program requirements and helping you understand whether you're likely to be ready to purchase the home at the end of the Rent to Own period.
Applicants will be pre-qualified to confirm they meet the criteria and have the capacity to purchase the home at the end of the two-year lease.
Register your interest
Your journey starts here
Register your interest to receive:
- program news and important updates
- eligibility information and how to apply
- tips to help prepare you for home ownership
- answers to top questions
- invitations to information sessions and webinars
- future Rent to Own home releases and milestone updates
We’ll keep you informed every step of the way.