Avoiding Mortgage Default

Help is available if you are struggling with home loan repayments.

Rights and Protections When Home Building

Information about your rights and how you can exercise them during the building process.

Vendor

In real estate language, the seller of a property is commonly known as the vendor.

Interest Rates

When you borrow money for a home loan, lenders charge interest on top of the amount of money you have borrowed (the principal). The interest rate, which is usually quoted as an annual percentage of the loan amount, determines how much money you will need to pay back on your loan.

Refugee Services in South Australia

Contact details for refugee support services in South Australia

Settling in Australia

Housing Information from the Australian Government's Department of Home Affairs

Stamp Duty Concession

If you’re an eligible first home buyer, you’ll pay zero stamp duty when you build or buy a new home. The property value thresholds for stamp duty relief have been removed, which means the stamp duty exemption is now available for all eligible first home buyers who buy a new home (houses, flats, units, townhouses, apartments), an off-the-plan apartment, a house and land package, or vacant land to build a new home.

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Better Housing for South Australians

The State Government has introduced a series of measures as part of its commitment to improving housing outcomes for people in South Australia.

This includes:

Abolishing stamp duty for thousands of eligible first home buyers building or buying a new home.

Eligible first home buyers purchasing a new property no longer have to pay stamp duty.

Regional First Home Buyer Guarantee

A Commonwealth Government initiative to support eligible regional first home buyers purchase a home in regional areas with as little as a 5 per cent deposit and without needing lenders mortgage insurance.

Guarantor

A guarantor on a home loan (typically a parent or family member) is someone who provides a guarantee to a lender that they will be responsible for repaying the entire loan if the borrower can’t pay it back. The benefit for a borrower is that it may increase the amount they can borrow or prevent the borrower from needing to pay lenders mortgage insurance, however there are risks for the guarantor.