By Jason Given · April 2026 · 6 min read
There is no universally right or wrong time to buy. The right time is when your financial position supports it — you have a deposit, stable income, manageable debts, and a clear understanding of what you can afford.
What we can say about 2026 specifically: government support for first home buyers in SA is as generous as it has ever been. The First Home Owner Grant, stamp duty concessions, and the First Home Guarantee combine to reduce upfront costs by $20,000–$40,000 for eligible buyers.
Do not overextend. The maximum a bank will lend you is not necessarily what you should borrow. Factor in rate rises, lifestyle changes, and a buffer for unexpected costs. Buy within your comfort zone, not at your absolute limit.
Book a free chat — we will map out every grant, concession and scheme you qualify for, and show you exactly what you can afford.
Waiting assumes prices will fall — and that when they do, you will act. In practice, the best time to buy is when you can afford to, your deposit is ready, and you have found the right property. Lendology helps you understand your actual position so you can make the decision with confidence.
SA first home buyers can access the $15,000 First Home Owner Grant for new builds, zero stamp duty on eligible new homes, and the First Home Guarantee which allows a 5% deposit with no LMI. These schemes can reduce your upfront costs by $20,000–$40,000. Lendology checks your eligibility for every available scheme.