Lot 1023, 2B Formosa Circuit, Riverlea Park

Sale Price $696,000 with Shared Equity*

*This property is available with HomeStart’s Shared Equity Option or the Australian Government's Help to Buy Shared Equity Scheme (subject to eligibility).

Welcome to your dream home!

Muted grey cladding, textured stone and distinctive rooflines give 2B Formosa Circuit a striking contemporary character. The two-bedroom layout combines open-plan living and dining with a main bedroom featuring a walk-in robe and ensuite, a second bathroom, rear deck and single garage.

Located in Riverlea, this modular home is close to local parks and The Palms Shopping Village, keeping everyday essentials within easy reach. Future lakes, a district park and sportsgrounds will offer more places to explore, unwind and stay active, with Xavier College also set to open nearby.

Developed in collaboration with Grove Group, this fixed-price, turnkey home combines thoughtful design, quality finishes and low-maintenance living. With furniture included and everything ready for you to move in, there’s less to organise and more time to enjoy your new home.

Available exclusively through the HomeSeeker SA program, this home offers eligible buyers an opportunity to take the next step towards home ownership. Eligibility criteria apply.

Property Highlights:
•Fixed-price, turnkey Torrens titled home
•Two bedrooms and two bathrooms with premium fittings
•Furnished and ready to move in
•Single garage with secure access
•Quality stainless-steel kitchen appliances
•Split system air conditioning
•Front and rear landscaping

Take the first step towards home ownership at Riverlea, where open space, everyday convenience and community come together in Adelaide’s most exciting new suburb.

•25 minutes from Adelaide CBD (approx.)
•450ha of open spaces entwined with living spaces
•40ha of proposed lakes to enjoy
•42km of walking trail and bike paths across the Riverlea Masterplan
•New proposed private and public schools
•New retail centres will service the Riverlea community
•Over 40,000 people will call Riverlea home
•$3B investment over 25 years
•Great access to public transport

*This property is only available with HomeStart’s Shared Equity Option or the Australian Government's Help to Buy Shared Equity Scheme (subject to eligibility).

To find out more, contact Nathan Cag of Walker Corporation on 0402 532 693 and take the next step towards securing this opportunity.

HomeStart Finance

Everyone deserves the chance to own their home and for 35 years HomeStart have been helping South Australians achieve this dream. They understand that everyone’s circumstances are different which is why they have a range of innovative, low deposit loans and additional options that cater to the diverse needs of our community. Eligibility criteria, terms and conditions apply. Fees and charges are payable. 

Help to Buy

The Australian Government’s Help to Buy Scheme is a new shared equity initiative designed to support more Australians to buy a home. If you’ve saved what you can but are still a little short of being able to buy a home that meets your needs, Help to Buy may be able to bridge the gap. Whether you're a first-time buyer or someone returning to home ownership, Help to Buy offers support to secure a place to call home. Eligible home buyers can apply through one of the participating lenders listed on the Help to Buy website.

HomeSeeker SA

This property is available through the state government’s HomeSeeker SA program, which provides eligible buyers the opportunity to purchase fixed price homes without competing with property investors. Check if you’re eligible for HomeSeeker SA at homeseeker.sa.gov.au/eligibility. Please note that the properties listed on HomeSeeker SA may be offered for sale by third-party vendors. The inclusion of a property on this website does not constitute any recommendation, endorsement or guarantee by the Government of South Australia regarding the property or the terms of any sale. The Government of South Australia is not responsible for the performance of any agreements with third-party vendors and is not a party to any disputes arising from such agreements. It is strongly recommended that you seek independent legal advice before entering into any transaction in relation to a property listed on this website.