Rent today, Buy tomorrow
The South Australian Housing Trust’s new Rent to Buy program is here to provide a path to owning your own home. 100 homes will be constructed as part of the Affordable Housing Initiative (AHI) into dynamic rent-to-buy opportunities.
We believe stable housing is the foundation of a strong future. This program gives everyday working South Australian long-term renters a fair go, offering a secure home now, and a real shot at owning it in the future. 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.
How it works
- Rent a newly built home at 75% of market rent for up to 2 years
- Save while you rent
- Buy your home in up to two years at a fixed purchase price
Eligibility
You may be eligible if you:
- Are a South Australian resident
- Earn a moderate income (eg under $150,000 household income)
- Don’t currently own property
- Meet HomeSeeker SA eligibility
- Are ready to work toward homeownership
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 through HomeSeeker SA for homes coming soon. For further details, visit the FAQs on HomeSeeker SA.