One of the state’s most well-known builders will construct the first affordable homes under a major $400 million SA Government commitment, supporting vital building and construction jobs and helping more South Australians get their foot into the door of home ownership.
Local building company Bradford Homes, part of the Scott Salisbury Group, will build the first 19 new affordable homes of 1000, supporting more than 200 jobs.
Located in Dover Gardens and just minutes from Seacliff and Brighton beaches, the two-and-three bedroom homes will be on sale from this weekend, from $395,436 under the State Government’s Affordable Homes Program.
If purchased before December 31, eligible South Australians can take advantage of up to $40,000 in Government grants, including the First Home Owners Grant ($15,000) and Home Builder’s Scheme ($25,000).
Minister for Human Services Michelle Lensink said construction would begin in January.
“This build marks the beginning of an ambitious $400 million Marshall Liberal Government commitment to build 1000 affordable homes over the next five years,” said Minister Lensink.
“The delivery of these new affordable homes has a deliberate and targeted two-pronged effect.
“Not only will the construction of these homes provide a huge shot-in-the-arm for our building industry, we’re helping more low-and-moderate South Australians into home ownership – and this is exactly our intention.
“The Marshall Liberal Government’s multi-million investment into building new, affordable homes is empowering South Australians on low-and-moderate incomes with the chance to own and buy a home close to services, the CBD and employment opportunity.”
Minister Lensink said there was no better time to buy than now.
“With interest rates at record lows and a range of Government grants and initiatives available for home buyers, there has been no better time to buy real estate than now,” said Minister Lensink.
“Another advantage with the State Government’s Affordable Homes Program is that it enables low-and-middle income South Australians to get their foot in the door of home ownership so they’re not priced out of the market by sky-high auctions and investors – and instead, homes are sold at a fixed price.”
Scott Salisbury Managing Director Scott Salisbury said: “We are very excited to have been selected as a preferred partner in this Government initiative, as it will be a great benefit to our state and the building industry.”
“Our main goals are to improve the quality of construction for Affordable Homes using our Bradford Homes methods, whilst also deliver on the key objectives of the Government’s strategy,” said Mr Salisbury.
“We are enthusiastic to be part of this Affordable Housing program, as we feel every South Australian has the right and deserves to live in a quality-built home, and that’s what our business stands for.
“Not only does this project provide new home ownership opportunities for South Australians, but it will also help boost growth and jobs within our state.”
Eligibility criteria applies for any South Australian wanting to buy an affordable home and homes sold under the AFP retail for no more than $419,750.
For more information about the Affordable Homes Program and for eligibility criteria visit affordablehomes.sa.gov.au.
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