What grants are available in Elizabeth for first home buyers?

First home buyers in Elizabeth, South Australia may be eligible for: First Home Owner Grant SA ($15,000 for new builds under $650k), Stamp Duty Exemption SA (full exemption under $650k), HomeStart Shared Equity Option (up to 25%), Federal 5% Deposit Scheme (no LMI). Eligibility conditions apply. DeltaMap checks your exact eligibility automatically.

Buying in Elizabeth SA — What It Actually Takes in 2025

Q: Can I afford to buy in Elizabeth on a single income?

With a median house price of $430,000, you typically need around $64,500 to $77,400 household income per year to comfortably service an 80% LVR mortgage. DeltaMap uses your actual income and savings for a precise answer.

Q: How much deposit do I need to buy in Elizabeth?

A 20% deposit for a median house in Elizabeth is $86,000. With the Federal 5% Deposit Scheme you can buy with just $21,500 and avoid LMI. A 10% deposit requires $43,000 plus stamp duty and costs.

Q: How long does it take to save for a house in Elizabeth?

At $2,500 per month savings, approximately 1.5 years to save a 10% deposit plus upfront costs for a median house in Elizabeth. Saving as a couple or at a higher rate shortens this significantly.

At a glance

Elizabeth, SA — 2025 snapshot

Median house

$430,000

12.5% annual growth

Median unit

$300,000

More accessible entry

Distance to CBD

28km

From SA CBD

Rental yield

6.2%

Gross annual

Min. deposit

$43,000

10% of median house

Grants

For first home buyers

Exceptional affordability with median under $450k and 12.5% annual growth. FHOG eligibility, strong rental yields and proximity to Edinburgh Parks employment drive FHB demand.

What it costs to buy

Upfront costs and savings timeline

Based on 2025 median prices. Includes 10% deposit, stamp duty or concession, conveyancing and inspection. Timeline assumes $2,500/month savings. Calculate your personal timeline →

🏠 House · $430,000

10% deposit$43,000

Stamp dutyWaived (under $650k)

Conveyancing + inspection~$3,100

Total upfront$46,100

Time to save~1.5 years

🏢 Unit · $300,000

10% deposit$30,000

Stamp dutyWaived (under $650k)

Conveyancing + inspection~$3,100

Total upfront$33,100

Time to save~1.1 years

Your numbers will differ. Savings rate, income, partner income, HECS debt and existing assets all change the picture. DeltaMap uses your actual inputs and shows your exact timeline — not a generic estimate.

What's your actual gap to Elizabeth?

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Government support

Grants for first home buyers in Elizabeth

As a first home buyer in Elizabeth, South Australia, you may be eligible for the following grants and concessions. Eligibility depends on income, property price and whether the property is new or established.

🎁First Home Owner Grant SA ($15,000 for new builds under $650k)
🎁Stamp Duty Exemption SA — full exemption under $650k
🎁SA Shared Equity Option via HomeStart — govt contributes up to 25%
🎁Federal 5% Deposit Scheme — buy with 5% deposit, no LMI
🎁First Home Super Saver Scheme — withdraw up to $50,000 from super

Grant conditions change regularly. Always verify with the relevant state revenue office. Check your exact eligibility free on DeltaMap →

Common questions

First home buyers in Elizabeth ask...

Can I afford to buy in Elizabeth on a single income?

With a median house price of $430,000, you would typically need around $64,500–$77,400 household income per year to comfortably service an 80% LVR mortgage at current rates. A unit at $300,000 requires around $45,000 per year. DeltaMap uses your actual income and savings for a precise answer.

How much deposit do I need to buy in Elizabeth?

A 20% deposit for a median house is $86,000. First home buyers can use the Federal 5% Deposit Scheme to buy with just $21,500 and avoid Lenders Mortgage Insurance. A 10% deposit requires $43,000 plus stamp duty and other upfront costs.

How long does it take to save for a house in Elizabeth?

At $2,500/month savings, approximately 1.5 years to save for a median-priced house in Elizabeth. Saving as a couple or at a higher rate shortens this significantly. Use DeltaMap for your exact timeline.

Is Elizabeth a good suburb for first home buyers?

Exceptional affordability with median under $450k and 12.5% annual growth. FHOG eligibility, strong rental yields and proximity to Edinburgh Parks employment drive FHB demand. With 12.5% annual price growth and 6.2% rental yield, it offers a solid combination of liveability and investment fundamentals for first home buyers in South Australia.

What grants am I eligible for buying in Elizabeth?

First home buyers in Elizabeth, South Australia may qualify for: First Home Owner Grant SA ($15,000 for new builds under $650k), Stamp Duty Exemption SA — full exemption under $650k, SA Shared Equity Option via HomeStart — govt contributes up to 25%, Federal 5% Deposit Scheme — buy with 5% deposit, no LMI, First Home Super Saver Scheme — withdraw up to $50,000 from super. Eligibility conditions apply. DeltaMap shows exactly which grants you qualify for based on your specific situation.

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DeltaMap calculates your exact distance from buying in Elizabeth — your gap in dollars, your timeline in months, and every action that shortens it.

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Buying in Elizabeth, SAWhat it actually takes

Buying in Elizabeth, SA
What it actually takes