House of Assembly: Tuesday, August 24, 2021

Contents

Affordable Homes Program

512 Ms COOK (Hurtle Vale) (9 June 2021). For the past 10 years, can the minister provide the number of homes sold under the Affordable Homes program (now known as HomeSeeker SA) in each individual year broken down into:

(a) those sold to eligible purchasers under the income thresholds?

(b) those sold to other purchasers?

The Hon. V.A. CHAPMAN (Bragg—Deputy Premier, Attorney-General, Minister for Planning and Local Government): The Minister for Human Services has provided the following advice:

As the previous Affordable Homes program had become dated and was no longer attractive to many potential purchasers, the Marshall Liberal government launched HomeSeeker SA in February 2021. The new program is more effective at linking eligible buyers to affordable properties, boosted by affordable supply generated by the SA Housing Authority with longer listings (extension from 30 days to 90 days) to enhance opportunities for eligible households.

The increase in the total number of sales to eligible purchasers in 2020-21 coincides with the successful launch of HomeSeeker SA and a renewed interest from South Australians in accessing affordable housing.

Sales outcomes of homes listed under the Affordable Homes Program and HomeSeeker SA:

Year Sold to eligible purchasers within exclusive listing period Sold outside exclusive listing period
2020-21 207 314
2019-20 55 305
2018-19 103 421
2017-18 148 265
2016-17 170 340
2015-16 218 399
2014-15 296 299
2013-14 276 214
2012-13 240 284
2011-12 224 314
Total 1,937 3,155


Figures include homes listed from the Affordable Housing Initiative.

Figures include homes under offer, pending settlement and sold.

Data on homes sold outside the exclusive listing period is not reported. Homes could have been sold to either a purchaser who meets the eligibility requirements, or does not meet the eligibility requirements, or the property was withdrawn from the program and sold at a later date.