The First Home Super Saver (FHSS) and the First Home Guarantee (FHGS) are schemes specifically designed to help shorten the gap between saving and owning, and can play a role in helping you secure your dream property sooner—especially if you’re considering a new or off-the-plan apartment at Glenside.
You might be wondering if these schemes really move the needle, and the answer is, yes, they can. Together, they can be used to form a smoother pathway to owning your first home.
In this blog, we break down each scheme in simple terms, explain what each does, who they suit, how they can work together and, most importantly, how they apply if you're looking to secure a low-maintenance, off-the-plan apartment in a location like Glenside.
The First Home Super Saver scheme allows you to make voluntary contributions to your superannuation fund and later draw an eligible amount toward your first home.
It's a disciplined way to build a deposit faster and suits buyers who are still in the saving stage.
However, timing is important with this scheme. It works best when aligned with your purchase timeline, and any fund release request should only be made when you’re realistically within the buying window.
Why? Because you generally only have 12 months to sign a contract, whether that’s for an established, new or off-the-plan property.
Your best bet to make it work? Establish your expected signing and settlement dates first, then organise your FHSS release to match, preventing any hiccups.
Unlike the FHSS which helps you build the deposit, the First Home Guarantee scheme helps you buy with a smaller deposit, as little as 5% deposit, without needing to pay Lenders Mortgage Insurance (LMI).
It’s important to note, however, that it doesn’t replace normal credit checks, each participating lender still has its own lending rules. Rather, it sits alongside them.
It works well for new builds and off-the-plan purchases; the only difference is making sure your finance approval and contract dates are covered, and asking how your lender handles longer build times and staged construction.
Yes! You can combine the First Home Super Saver and the First Home Guarantee if you meet all eligibility criteria.
In fact, many first-home buyers are able to save faster using FHSS, then apply for a home loan through a participating lender for the FHGS.
That’s because each scheme helps with different parts of the buying process - building the deposit, and reducing how much deposit you actually need.
When combined, they can create a more realistic path from saving to first home settlement for both new and established homes.
Did you know, that as a South Australian buyer, there’s even more support available if you’re purchasing a new build or off-the-plan apartment, like those available at Glenside.
In 2025, the South Australian government introduced the Stamp Duty Relief program for eligible first home buyers, available exclusively for those looking to purchase off-the-plan properties, new homes or vacant land.
If you’re looking to buy in these categories, it means you may not have to pay the stamp duty that would typically apply, saving you a bucketload upfront.
In addition, first homeowners may also be eligible for a one-off First Home Owner Grant payment of up to $15,000, again for those looking to build or buy a brand new home, including off-the-plan apartments.
These additional state-based incentives can make Glenside’s off-the-plan apartments an especially appealing opportunity to get into the market sooner, without compromising on lifestyle.
Glenside isn’t just a place to live, it’s a lifestyle defined by city-fringe convenience, heritage charm and a serene botanical setting.
For first-home buyers, it offers a unique combination of benefits: longer settlement timelines provide the opportunity to keep saving through the FHSS scheme, while eligible buyers can also access stamp duty savings and the First Home Owner Grant.
Just 2km from the CBD, Glenside is a highly walkable community with tree-lined streets and easy access to some of Adelaide’s most sought-after schools, vibrant cafes, acclaimed restaurants and the award-winning Frewville Foodland, right on your doorstep.
With all this in mind, if you’re ready to jump in headfirst and get a foot on the property ladder, here are five steps you can take, starting today:
Of course, like anything, there are a few pitfalls you’ll want to sidestep on your path towards first home ownership – especially when it comes to any support you’ll need to make it a reality.
And often, the biggest stumbles are the simplest ones. Here are three common mistakes to keep in mind as you move forward:
Government housing support schemes are designed to make home ownership more achievable. If you’re considering buying your first home, now is the time to explore your options.
With a range of off-the-plan apartments now selling at Glenside, you could be closer than ever to owning your own home in one of Adelaide’s most desirable eastern neighbourhoods.
To find out more, visit the Apartments for Sale page or drop by the Glenside Sales & Information Centre at 220 Fullarton Road, Glenside. Our team is here to guide you through the process and help you secure your first home with confidence.