07/10/2026
South Australian first home buyers can now access $20,000 to help them unlock the door to home ownership faster.
Hickinbotham Group, the state’s largest home builder and land developer has doubled its support of the 2 per cent deposit construction home loan option available through State Government-backed lender HomeStart Finance.
In an industry first, Hickinbotham will contribute $20,000 to assist in lowering upfront costs or managing construction-phase expenses for eligible applicants.
Hickinbotham has partnered with HomeStart to double the builder contribution from the standard $10,000. This groundbreaking initiative will further ease the pressure on first home buyers trying to break into the market.
“Hickinbotham has always believed in the power of home ownership to help people create stability and security for their families. It is why we’ve partnered with HomeStart on the low-deposit loan initiative,” Hickinbotham Group Managing Director Michael Hickinbotham said.
“We are dedicated to doing our part to address the shortage of housing. For over 70 years we’ve been finding smarter ways to build homes and today we guarantee an industry-leading 24-week build.”
Hickinbotham has been building affordable, quality homes for HomeStart customers as a partner builder since 2011.
Thanks to realestate.com.au for sharing the news (story link in comments)
Pictured: Hickinbotham and HomeStart customers Jade Barry and Ethan Skelton at their home in Munno Para.