Sherridon Homes, JG King Homes, Hotondo Homes, Boutique Homes, Homebuyers Centre, GJ Gardner, Cavalier Homes, Lane Housing Co, Langdon Building, Simonds Homes, Paul Gray Builders, Metricon Homes, Metricon HomeSolution, Freedom by Metricon and ABC Building Co.
JG King Homes, Hotondo Homes, Cavalier Homes, Dennis Family Homes, Paul Gray Builders, Metricon Homes, Metricon HomeSolution, Freedom by Metricon and ABC Building Co.
GJ Gardner and Cedar Haus.
Villawood Properties | Other Developers | |
Land | $300,000 | $300,000 |
House | $350,000 | $350,000 |
Package Price | $650,000 | $650,000 |
Builder’s Deposit (5%) | $17,500 | $ – |
First Home Buyers (FHOG)^ | $10,000 | $10,000 |
Package Price | $622,500 | $650,000 |
Land Deposit (10%) | $30,000 | $30,000 |
Builder Deposit (5%) | $ – | $17,500 |
Legal Costs | $1,500 | $1,500 |
House & Land Deposit Required | $31,500 | $49,000 |
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 |