Mortgage Calculator — South Australia, Australia
Pre-filled with South Australia's average home price of A$680000, council rates of A$1800/year, and a standard variable rate of 5.8%. Adjust any value below.
APRA Serviceability Buffer: Australian lenders assess your loan at 9.24% (your rate + 3% buffer). You must demonstrate repayment capacity at this higher rate, even though your actual repayments are based on 5.7%.
1 Loan Details
2 Ongoing Costs (South Australia averages pre-filled)
Include LMI
Required when deposit < 20% (LVR > 80%)
Estimated Monthly Repayment
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Enter your loan details to see your repayment
Total Interest Paid
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Over loan lifetime
Total Cost
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Principal + interest
Loan Amount
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Amount financed
Deposit
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Of property price
Monthly Repayment Breakdown
Balance Over Time
Rate Comparison
How your repayment changes with different interest rates
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Loan Repayment Schedule
Full month-by-month repayment breakdown
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South Australia Property Market
South Australia's property market is anchored by Adelaide, which has seen strong price growth driven by defence industry investment, interstate migration, and relative affordability. Adelaide has emerged as a major growth city, with the AUKUS submarine program set to bring sustained high-income employment to the region.
Buying in South Australia
Adelaide remains one of Australia's more affordable capital cities, though the gap with Sydney and Melbourne has narrowed. The SA economy offers competitive salaries in defence, manufacturing, and health sectors relative to housing costs. SA's land tax applies at rates up to 2.4% on investment properties.
Stamp Duty
South Australia charges stamp duty on a sliding scale. On A$680,000, the duty is approximately A$31,330. First-home buyers purchasing new homes may be exempt from stamp duty under the new home grant scheme. SA also charges land tax for investors on total landholding value.
Lenders Mortgage Insurance (LMI)
LMI is required when LVR exceeds 80%. SA's more moderate price growth relative to other capitals means LMI costs are typically lower in absolute dollar terms — usually A$4,000–A$10,000 at 85–90% LVR.
First Home Owner Grant
SA offers a First Home Owner Grant of A$15,000 for new homes. First-home buyers may also access stamp duty concessions for new homes and established properties under certain value thresholds.
Key Markets
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