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Writer's pictureMatt Witts

Your First New Home in Adelaide: Leveraging the Help to Buy Scheme

Are you dreaming of owning a brand-new home in Adelaide but finding the financial leap a bit daunting? Well, there's some exciting news on the horizon that might just be your ticket to homeownership!


Let's chat about the Australian Government's upcoming Help to Buy Scheme, set to kick off in 2024. Here at Property Investment Coaching, we're all about turning your home buying dreams into reality, and this scheme could be a game-changer for you.


What's the Buzz About the Help to Buy Scheme?


Simply put, the government is stepping up to make homeownership more attainable for first-timers. They're offering a hand by covering up to 40% of the cost of a new home. Yes, you read that right! This is especially great news for those eyeing new properties in Adelaide, as it significantly eases the financial strain of saving for your deposit.


Who's Eligible?


To be eligible, you'll have to satisfy the following criteria:

  • Australian citizenship

  • Over 18 years old

  • Don't own any other property

  • Earning within $90,000 (individuals) or $120,000 (couples)

  • Got at least a 2% deposit


Adelaide's New Home Market & The Scheme


Adelaide's property market is unique, and the good news is that the price cap for new homes under the scheme here is $550,000. That opens up a world of possibilities in our beautiful city, giving many of you a realistic shot at owning a brand-new home.



How Can Property Investment Coaching Help?


Navigating government schemes can be tricky, but that's where we come in. Our team specializes in:

  • Helping you understand your eligibility and prepare financially.

  • Finding the right new home within Adelaide's scheme parameters.

  • Guiding you through the application process, making it as smooth as possible.



Wrapping It Up


The path to owning a new home just got a bit brighter with the Help to Buy Scheme. If you're ready to explore your options and make the most of this opportunity, we at Property Investment Coaching are here to light the way. Let's make that dream home a reality!


Ready to start your journey? Click below to book a meeting with us and let's get cracking on your home ownership dreams!






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