| Villawood Properties | Other Developers | |
| Land | $329,000 | $329,900 |
| House | $300,000 | $300,000 |
| Package Price | $629,900 | $629,900 |
| Builder’s Deposit (5%) | $15,000 | $ – |
| First Home Buyers (FHOG)^ | $10,000 | $10,000 |
| Package Price | $604,900 | $619,900 |
| Land Deposit (5%) | $16,495 | $16,495 |
| Builder Deposit (5%) | $ – | $15,000 |
| Legal Costs | $1,500 | $1,500 |
| House & Land Deposit Required | $17,995 | $32,995 |
The above scenario is an example only and assumes a split contract. The calculations are based on 5% of deposit on the land and home, where this offer is available. ^ A $10,000 State Government First Home Owner Grant (FHOG) is available when you buy or build your first new home with a contract price of $750,000 or less.
Money required to secure House & Land (First Home Buyer)
| Associated Purchase Costs | Villawood | Others |
|---|---|---|
| Land List Price | $350,000 | $350,000 |
| Build Cost | $280,000 | $280,000 |
| Total Package Price | $630,000 | $630,000 |
| Builder Deposit paid by Villawood | -$14.000 | |
| First Home Buyers | -$10.000 | -$10,000 |
| Total Package Price (Net) | $606.000 | $620,000 |
| Land Deposit 5% | $17.500 | $17.500 |
| Build Deposit 5% | $0 | $14.000 |
| Stamp Duty (FHB Concession) | $0 | $0 |
| Legal Costs (Average) | $1.000 | $1.000 |
| Money Required Upfront | $18.500 | $32.500 |
