The low-cost Homes Program offers eligible buyers exclusive use of properties at costs underneath the normal market rate. These properties are around for a finite time frame before being listed on the market from the open market.
Properties can be found throughout Southern Australia and can include previous public and community housing stock, and brand new homes into the latest developments.
The method of shopping for a reasonable house
1. Look at your eligibility
To meet the requirements, every person who can be listed being an owner from the certification of title must:
- be aged 18 years or older
- maybe perhaps not presently possess a residential property
- intend to are now living in your property being an owner occupier
- be a resident of Southern Australian
- Meet the asset and income restrictions.
Public and community housing tenants
Current Housing SA or community housing renters are automatically entitled to the Affordable Homes program. You must repay the debt in full before the settlement date if you have a debt with Housing SA. If successful you certainly will no further qualify for general public housing, and any happening applications will be terminated when a property is bought.
2. Find a house
Look at the Affordable Homes site to look at all available homes. You are able to register to get emails alerts whenever a house has been detailed that matches your preferences. Continue reading