The Government of South Australia has announced a new partnership with the federal government, securing an $801.5 million deal to build 6,877 new homes specifically for first homebuyers across the state. This initiative positions South Australia as the first state to commit to its portion of the 100,000 homes pledged by the Albanese Government during the 2025 Federal Election.
It follows several years of groundwork laid through the Premier’s Housing Roadmap, which has focused on unlocking land, accelerating infrastructure delivery, and expanding pathways into home ownership.
Right now, South Australia has more homes under construction than at any point in its history, with close to 15,000 dwellings already underway. This latest funding injection is designed to build on that momentum, fast-tracking developments across metropolitan Adelaide and the northern suburbs, while also expanding programs aimed at buyers who would otherwise struggle to enter the market.
A significant portion of the funding will be delivered through concessional loans, allowing the state to scale up housing projects already in motion. This includes major investment in water infrastructure in Adelaide’s north, a new first homebuyer-only precinct at Playford Alive, and multiple urban renewal developments expected to deliver more than 1,700 homes across the city. Additional grant funding, matched by the state, will also support hundreds of new dwellings through other first homebuyer programs.
Since coming to office in 2022, the state government has pushed housing to the top of its agenda, combining planning reform, infrastructure investment, and direct buyer support. Measures such as abolishing stamp duty for first homebuyers building new homes, backing the HomeSeeker SA shared equity scheme, and halting the sell-off of public housing stock have all contributed to a shift in how housing supply is being managed.
Large-scale infrastructure projects have played a critical role in unlocking new developments, with billions invested in essential services that allow new suburbs and infill projects to proceed. Thousands of homes have already been delivered or are under construction across renewal precincts including Bowden, Seaton, Prospect Corner, and Noarlunga, while land releases across the state have opened the door for tens of thousands more homes in the years ahead.
The latest agreement is being framed as both a response to immediate housing pressures and a longer-term investment in South Australia’s growth. By tying infrastructure, urban renewal, and first homebuyer support together, the state is aiming to create a pipeline of housing that keeps pace with demand and offers more realistic entry points for locals hoping to buy their first place.
With construction activity already at record levels and new funding now locked in, the focus shifts to delivery — turning approvals, precincts, and infrastructure into homes that South Australians can actually move into.
