First Home Buyers save up to $43,830* on building a new home

NOW is the best time to build a brand new Metro home with the State Government announcing exciting news for First Home Buyers!

• Abolishing stamp duty for eligible first home buyers purchasing or building a brand new home:

• Buying a new home valued up to $650,000, with relief progressively phased out for properties valued up to $700,000*
• Purchasing vacant land valued up to $400,000 to build a new home, with relief phasing out for land valued up to $450,000*
• Retaining the $15,000 First Home Owner Grant (FHOG)*
• Increasing the FHOG property value cap – eligible new home buyers for properties valued between $575,000 to $650,000 can now access the $15,000 FHOG to assist with the purchase of their new home*
• New HomeStart loan for first home buyers building a home with as little as a 2% deposit^.

Contact Metro today to find out how to build your home as a First Home Buyer today!

* Visit www.revenuesa.sa.gov.au/first-home-owners-grant and www.revenuesa.sa.gov.au/latest-news/2023-24-state-budget for full details on this grant. ^Offer is valid through HomeStart Finance. The up to $43,830 savings is based on $33,830 Stamp Duty and FHOG benefit up to $450,000 vacant land purchase with a new build, plus a $10,000 Builder’s Contribution offered through HomeStart loan. RLA 243075. BLD 243074.