Shared Home Ownership

If you're tired of renting, or struggling to save a deposit, the Shared Home Ownership scheme is one way you may be able to afford to buy your own home. Shared Home Ownership allows you to purchase a home from us, with a SharedStart loan through Keystart, the Government's lending agent.

What kind of home can you buy?

You can purchase newly-built homes and off-the-plan properties offered by the Housing Authority across metropolitan and regional areas.

Some advantages of Shared Home Ownership

  • Low deposit of $2,000 or 2 per cent of the purchase price (whichever is greater) for first home buyers
  • Deposit of $2,000 or 2 per cent of the purchase price plus stamp duty and fees for non-first home buyers
  • No savings history required
  • No lenders mortgage insurance
  • No monthly account keeping fees
  • First home buyers can use the First Home Owners Grant towards the deposit and apply for a grant from the Home Buyers Assistance Account.
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