Important Information & Financial Assumptions: 

   All prices and financial figures are for illustrative purposes and are subject to change and individual eligibility. Please note:
•    The indicative weekly repayment of $475 is based on a principal and interest loan over a 30-year term with an assumed interest rate of 6.13%. This rate is subject to change and will be determined by the lender at the time of application. Repayments may vary based on the lender's assessment and the buyer's financial situation.
•    Eligibility for the Australian Government's 'Help to Buy' Scheme and the 'First Home Owner Grant' is subject to strict government-mandated criteria, including but not limited to income thresholds and prior property ownership. The 'Help to Buy' scheme is a shared equity scheme; if you are eligible, the government will own a share of your property. Buyers are responsible for confirming their eligibility and understanding all terms and conditions of these schemes.
•    Deposit figures represent 5% of the package price and exclude upfront costs such as stamp duty, legal/conveyancing fees, lender's mortgage insurance, or other fees and adjustments at settlement. Buyers should budget for these additional costs.
•    The advertised package price includes a $30,000 incentive from Frasers Property, which has been applied to the land component. This is not an additional reduction on the advertised price.
•    All parties should seek their own independent legal and financial advice before entering into any contract. House and land are sold via separate contracts from Mimosa Homes (for the house) and Frasers Property (for the land).
 
Refer to the VIC State Revenue Office website for government assistance terms and conditions:  Help To Buy Scheme, First Homeowner Grants, and Stamp duty savings.