South Australian first home buyers are growing at the fastest rate of any state, as the State Government's housing reforms continue to deliver tangible housing outcomes for South Australians.

According to the latest ABS Lending Indicators data released last week, 2,181 owner occupier first home buyer loans were committed in South Australia in the June quarter 2026, up 20.3 per cent on the March quarter and 23.0 per cent higher than a year earlier (in seasonally adjusted terms).

It is the strongest annual growth of any state in the nation, with South Australia the only mainland state to record an increase in the number of first home buyer loans on the previous quarter.



Nationally, first home buyer numbers went in the opposite direction, falling 2.9 per cent over the quarter and remaining flat over the year.

South Australia’s performance follows tax incentives for first homebuyers moving into newly built homes and a concerted housing policy effort that has seen more homes built in the last year in South Australia than in any other year in history.

The suite of State Government measures aimed squarely at first home buyers include scrapping stamp duty entirely for first home buyers purchasing new builds, $15,000 First Home Owner Grants, low-deposit lending through HomeStart and the nation's first neighbourhood built exclusively for first home buyers at Playford Alive.

South Australia also remains one of the most lowest priced places in the country to buy a first home. The average South Australian first home buyer loan was $578,450 in the June quarter, almost $50,000 less than the national average of $627,000.

Thanks to the significant housing policy initiatives of the Premier’s Housing Roadmap, a record 14,130 homes were completed in the year to March 2026, with a forty-year-high of 15,211 homes approved in the year to June 2026.