Buying land at Spring Farm in 7 easy steps
Learn how to secure your dream property with ease. With 90 years of experience, AVJennings guides you through each step, from financing to settlement, ensuring a smooth path to homeownership.
With over 90 years of experience, AVJennings is one of Australia’s most trusted developers. Our reputation is built on quality, trust, and exceptional service. We’re here to guide you through every step of buying land, ensuring a smooth and informed journey to homeownership.
Step 1: Financing
Start by securing your finances. Explore your loan options and check if you’re eligible for First Home Buyer grants from the NSW Government. Don’t forget to factor in the costs like Stamp Duty, lender’s fees, and conveyancing charges.
Tip: Use the Stamp Duty calculator at www.revenue.nsw.gov.au to estimate your costs.
Step 2: Conveyancing
Appoint a Solicitor or Conveyancer early on. They’ll handle the legalities and liaise with AVJennings’ team to ensure a seamless transfer of ownership.
Tip: Get a clear conveyancing quote upfront to avoid surprises.
Step 3: Choosing Your Land
Review our available properties and work with your Sales Consultant to find the perfect land that suits your budget and future home plans. Consider factors like proximity to amenities and the potential for a big garden or low-maintenance yard.
Tip: Stick to your budget by discussing your finances upfront.
Step 4: The Deposit
Secure your chosen land by paying a 0.25% administration fee. Complete the necessary forms and pay the balance of your 10% deposit within the cooling-off period.
Tip: Seek legal advice if needed—The Law Society of NSW can help.
Step 5: The Contract
Review the contract carefully with your Solicitor or Conveyancer. Make sure your finance is unconditionally approved before the cooling-off period ends.
Tip: Ask questions to ensure you understand everything before committing.
Step 6: Settlement
Once the subdivision is registered, settlement can occur. This is when the final payment is made, and the property becomes officially yours.
Tip: Get ready to celebrate—settlement day is a big milestone!
Step 7: Building
Submit your building plans for approval before lodging them with the Council. AVJennings’ Design Guidelines help ensure your home fits the neighborhood’s aesthetic.
Tip: Welcome to your new community!
Helpful Contacts
Law Society of NSW: www.lawsociety.com.au
Australian Institute of Conveyancers NSW
Division: www.aicnsw.com.au
Revenue NSW: www.revenue.nsw.gov.au