South Australia
Mortgage broker for South Australia home buyers and investorsBuying in SA? Get the numbers right.
Magnus Finance works with home buyers and property investors in South Australia and right across Australia. We map your borrowing position across real lender calculators, then structure each loan so your next move stays possible.
Book a strategy callThe information on this page is general in nature and doesn't consider your personal circumstances. Government rules were current as at November 2026 and change often. Confirm the details with the RevenueSA before you rely on them, and consider whether this information is right for your situation.
South Australia rules that affect your loan.
Stamp duty in SA
In South Australia it's called stamp duty. It's usually your biggest upfront cost after the deposit, and lenders want to see you can cover it. Use the RevenueSA calculator for your exact figure.
First home buyers in SA
- First home buyers pay no stamp duty on eligible new homes or vacant land (contracts from 6 June 2024), with no property value cap.
- If you've owned property before, you're not eligible (contracts from 13 February 2025). RevenueSA updated its guidance in September 2026, so check the latest rules.
- The South Australian First Home Owner Grant is up to $15,000 for new homes, with no property value cap.
- The federal 5% Deposit Scheme lets eligible first home buyers purchase with a 5% deposit and no lenders mortgage insurance. Price caps vary by location, so check the Housing Australia eligibility tool.
Property investors in SA
- Foreign buyers pay a 7% stamp duty surcharge on South Australian residential property.
- SA land tax applies to investment property, and trusts are treated differently from individuals. Check RevenueSA for current thresholds.
How Magnus Finance helps
- We run your borrowing capacity across lenders. It can vary a lot from bank to bank for the same person.
- We check how lenders treat the property's postcode and type before you commit.
- We structure each loan, in your name, a trust or a company, so it doesn't block your next purchase. Confirm entity structures with your accountant.
- Everything is done by phone, email and a secure online portal, wherever you are in Australia.
SA questions.
Do first home buyers pay stamp duty on new homes in SA?
For eligible buyers, no. There's no stamp duty on new homes or vacant land for contracts from 6 June 2024, with no value cap. Established homes don't get the same relief, so check eligibility with RevenueSA.
Do I need a mortgage broker based in South Australia?
No. Magnus Finance is based in Brisbane and works with clients in South Australia and right across Australia by phone, email and a secure online portal. Lender policy, not broker location, decides what you can borrow.
What does a broker do differently for SA property?
We check how each lender treats the property's location and type, run your numbers through real lender calculators, and factor in state costs like duty and land tax before recommending a structure.