The Pros of Buying off the Plan

Tossing up between buying off the plan and established? 
Here are the pros for buying off the plan!


Giving you time to save

Many first home buyers like buying something off the plan because it gives them more time to save for their initial deposit compared to established.

Buying off the plan enables you to secure land, or a house and land package, that suits your financial capability.  An initial deposit of $1,000 is all you need to secure the right block of land to suit your dream home. Upon signing your land contract, the balance of your 5% deposit is payable and no further payment is required until your land titles (which depends on your loan arrangements).  In the meantime, whilst you are waiting for your land to title, you are able to work with your chosen builder to finalise your build costs. You also have the time between paying your deposit and settlement to continue saving for upgrades, items for your new home or allowing for unexpected costs. This transparent and upfront process can be more agreeable, particularly if you are working with a tight budget and need to know exactly the amount you have committed to.

Buying off the plan allows you to enter the market on your terms. You are not subjected to attending multiple auctions week after week praying for something to sell within your price range. You already know the total cost of your land or house & land package (fixed only).  With established homes, you also have a shorter window to settle, generally either 30, 60 or 90 days and need to allow for stamp duty fees. 

Another advantage is that we work with many builders who also offer saving plans for first home buyers. Ask our sales team to point you in the direction of these builders if that sounds like something that interests you.

5% is all you need!

Here at Botania all you need to secure your lot is an initial deposit of $1,000! This secures your land whilst you review your contract with your conveyancer.  The balance of the 5% deposit is required upon signing your land contract. At settlement, after your land has titled, any further payments are made by your banking instituion on your behalf in accordance to your loan conditions. Anticipated title dates vary between stages in a community and can generally range from 9 months up to 18 months. When choosing the right block of land to suit your needs, you can choose one with titles further out, so you have plenty of time to save.

Saving on stamp duty  

If you buy an established home, you will most likely pay land transfer duty (otherwise known as stamp duty). 
Depending on the value of your home, you may be able to claim a duty exemption or concession.  

First-home buyer duty exemption – A one-off duty exemption is available if your new home is valued up to $600,000 and will be your principal place of residence (PPR).

First-home buyer concession – You may be eligible to claim a discount on your stamp duty if your new home is worth between $600,001 to $750,000 and it will also be your principal place of residence.

When you buy a block of land, stamp duty is only calculated on the value of the land, which may mean you will not be required to pay for stamp duty at all. Whooppee!

Receive $10,000 from the government with the First Home-Owner Grant!

That’s right, $10,000 from the government for nothing! Pretty sweet huh?

If you build a new home valued up to $750,000, you may be eligible for the First Homeowner Grant (FHOG).
Find out more here –

Avoid the negotiations

Never been a good negotiator? Buying off the plan can save you the trouble!

When choosing to buy established, conditional/unconditional loans, settlement timeframes and deposit amounts are all factors that can influence your attractiveness to a vendor. Any offer you present is at the vendors discretion. This is where second home buyers and investors can win out over first home buyers in negotiations if they have a bigger deposit amount saved or the imminent sale of a home behind them.

We hope we have put together a good case for buying off the plan. At the end of the day, we know that you will make the right decision for you at this stage of your life.
Most importantly, buying off the plan is great as you have the fun and freedom of designing your home and being the first one to live in it!

Have more questions about what buying off the plan is like? Our friendly sales team are happy to help and answer any queries you may have.
If you wish to speak to our sales team,  please feel free to reach out on either of the following methods:

Phone: 1300 888 182

The Botania $5K Landscaping & Fencing Incentive is on NOW!

Here’s your chance to enjoy $5,000 off your landscaping or fencing for your new home in Botania!

Be the talk of the street and wow your neighbours with an impressive front yard.

We know that building a home is expensive and it can be hard to find the funds to complete your landscaping or deck your house out how you have envisioned with new furniture and the like.

Growland is here to help by providing you with $5,000 to put towards your front landscaping & fencing to save on some of those additional building costs.

With that extra cash, pick out the sofa you’ve always wanted, splurge on that entertainment system or put in a water feature! You can make your new home look great inside and out!

Build your dream home in an established community surrounded by quality education, open spaces, and amenities in Fraser Rise.

Hurry, this offer is valid on selected lots only! View applicable lots here

For more information, get in contact with our friendly sales team on 1300 888 182 or via email at

See Terms & Conditions below:

To be eligible for the incentive, purchasers must complete their front landscaping and fencing in line with the Botania Design Guidelines. You can view the Design Guidelines here – or a copy of the guidelines can be located within your Contract of Sale (COS).

All points under section 4 of the guidelines must be addressed to qualify for the incentive. Growland reserves the right to deny paying a rebate if we believe one or more of the points outlined in the design guidelines has been missed or not completed satisfactorily. Growland will provide feedback and allow multiple attempts to complete landscaping to a satisfactory level.

The Landscaping & Fencing Incentive applies to the following lots only 823, 824, 825, 845, 846, 847, 848, 855, 856, 857, 858, 859, 860, 866, 868 & 869. To qualify the purchaser must purchase one of the applicable lots and enter into a standard contract of sale.

Growland will pay the rebate once per applicable lot and reserves the right to pay the rebate to the original purchaser only.

For a full breakdown of the Terms & Conditions, you can read them here