For the first time, the South Australian Government is helping eligible downsizers make the move, with up to $104,000 off stamp duty when you build or buy a brand new home.

Stamp duty relief applies to homeowners aged 60+ who downsize to a smaller property.

Pay no stamp duty on new homes or off-the-plan apartments up to $2 million, saving you up to $104,000.

It also applies to the purchase of vacant land valued up to $1.2 million.