$25,000 Stimulus Packages to be Available with New Home Builds

With social restrictions easing and normality on the horizon, it is welcome news that the Australian government has announced a building stimulus package that offers a $25,000 cash grant to prospective new home builds.

This new incentive aims to provide a boost to the building industry in light of the recent economic downturn due to the COVID19 crisis, with specific details regarding applicant eligibility including:

● A grant of $25,000 to eligible owner-occupiers ( not just first home buyers ) to build a new home or substantially where the contract is entered into between today and December 31, 2020.

● Construction of a new home must be contracted to commence within three months of the contract date.

● Income thresholds – consistent with the First Home Buyers Deposit Gap Scheme (FHBDGS) – of $125,000 for singles, or $200,000 for couples.

● A threshold of $750,000 for the value of the new home (including land)

This is an exciting incentive for the new home industry and will help get people into their new homes quicker and easier than ever before. To learn more and to find out if you’re eligible, head to: https://treasury.gov.au/coronavirus/homebuilder

Seasons Greetings

The team at Botania would like to wish you and your family a happy and safe holiday season.

The Botania Sales Office will be closing on Wednesday the 18th of December and reopen on Saturday the 4th of January 2020.

4 Fast Facts for the First Home Buyer

To give you some more understanding as you step towards owning your first home, here are 4 fast facts to aid you in your journey.

Understanding the true cost of your home

The equation of purchasing your home is not as straight forward as a $30,000 deposit, plus a $500,000 home loan equals a $530,000 property. Your final purchase price will involve many other considerations such as stamp duty, loan application fees, and lenders mortgage insurance if you need to borrow more than 80% of the cost of your home. Taking a holistic view of all costs will lessen the risk of any hidden surprises, leading to a far more relaxed and enjoyable home-owning journey.

Location, location, location

As the old adage states, making a good investment in a home really is all about ‘location, location, location’. As a lower entry point and higher yield, Caroline Springs has cemented its reputation as a growth corridor in the west, with Botania located just minutes from Caroline Springs, this area is truly a smart investment for a first-time homeowner.

Show me the money

By purchasing a house and land package, rather than an established home, you will save on stamp duty, with duty only needing to be paid on the value of the vacant land and not the future house. On top of this is the First Home Buyers Grant (if you meet the eligibility requirements ), which currently offers $10,000 for Victorian applicants buying or building a new home valued up to $750,000.

Botania offers further savings with The Botania Difference – teaming up with 3 of Victoria’s most trusted builders has allowed Botania to offer wholesale prices. Including up to $50K* of incentives, savings and grants – and if you’re a First Home Buyer, congrats, you could be saving close to $60K! So sit back, relax, and know you’re getting the savings and dream home you deserve.

Pre-approval pays

Pre-approval can give you some certainty when searching for your dream home, giving you a good idea of how much you can borrow provided that you can supply the information to back the figures you’ve supplied in your application.

Pre-approval usually lasts 90 days and if your search for the perfect home lasts longer than 3 months, it is a good idea to re-apply as the property market can change rapidly.

Botania is here to guide you through your journey to homeowner, we are here to help in making this time as exciting and memorable as it should be, our friendly team are here for any queries or concerns you may have, so give us a call on 1300 888 182 or pop into our sales office located at 1152 Taylors Road, Fraser Rise (Plumpton) and let Botania create your forever home.

We’ll Pay your Interest for 6 Months!

Purchase land in stages 1A & 2A at Botania and Growland will pay your interest for the first 6 months of your loan.

The process is easy. Choose your dream lot up to $380,000 purchase price, select your builder and dream home then once your land settles you don’t have to worry about your repayments for 6 months. Take advantage of this limited offer and save money while your home is being built!

Offer ends 30th March 2020.

For full terms and conditions see: https://offer.botania.com.au/botaniapayyourinterest/

How to Get the Most Out of Your Block Space

Building at Botania is an exciting endeavour that allows you to create the perfect haven for you and your family from scratch. This includes a brand new home with your choice of finishes, outdoor spaces and the backyard of your dreams. But what might this entail? With some of our handy hints, your perfect home will seem more achievable than ever before. Considered Construction The key to getting the most out of your block space resides in how you plan your home’s construction. Have you considered a double-storey floorplan? With a smaller footprint when building up, your outdoor space is maximised and allows you greater flexibility. Also think about living space functionality – do you need a second living space, or could you turn your undercover outdoor space into another living area? Position is Key With such an exciting community underway at Botania, an important step in your new home journey is where your land is actually situated. Where are the closest parks and public transport options? How far away is the proposed town centre? Can the kids walk to school? With a wealth of amenities on your doorstep at Botania, it’s helpful to know exactly where you’re positioned in the budding Botania community. Here Comes the Sun Have you considered the orientation of your block before? An often missed detail, the orientation can play a massive part in how your new home is shaped. Consider where north is in relation to your block in order to maximise all the benefits that come with living and outdoor areas that can be exposed to sunlight throughout the day. These benefits include natural warmth in the colder months and can help contribute to a 6-star energy rating without increasing too much in costs. Create Your Backyard Oasis With your block chosen and home design utilising your family’s needs, it’s time to consider your outdoor area and yard space. With north-orientation considered, the positioning of your outdoor space to receive afternoon sun is a must. Consider the functionality of your yard space to maximise its use for your family which may include outdoor furniture, a BBQ area, a firepit, vegetable garden, a pool or a combination of the above. This is your chance to create your own backyard retreat. When building your new home at Botania, the personal touches and creative options are endless. If you would like further information as to why Botania is the community for you, don’t hesitate to get in touch with our friendly sales team by calling 1300 888 182 or by visiting the Sales Office located at 1152 Taylors Road in Fraser Rise.

Surround yourself with amenity at Botania.

Located less than 25 kilometres from Melbourne’s CBD, Botania will be a quiet residential pocket in Fraser Rise serviced by existing and developing schools, natural surrounds and two future town centres.

The suburb is part of the City of Melton, one of the top 10 fastest growing municipalities in Australia. Over the next 10 years, the state government reports Fraser Rise and neighbouring suburb Deanside will host 20,000 new dwellings and 14,000 jobs.

Positioned among approved new amenities and those in established Caroline Springs and Taylors Hill, Botania is flagged by existing and developing schools, lifestyle and retail precincts and employment hubs.

Bringing 450 new homes to the area, Botania is an opportunity to secure affordable land and build a unique home in an exciting new locale.

On sale now, click here to register your interest.

Join a connected community.

Nestled among picturesque natural surrounds, it’s easy to forget that Botania’s serene community is just a stone’s throw away from the hustle and bustle of city living and the convenience of a cosmopolitan lifestyle.

Botania is located on Taylors Road which connects Fraser Rise directly to key amenities on Caroline Springs Boulevard including sporting facilities, CS Square shopping centre (over 70 retailers), Central Shopping Centre (over 50 retailers), reserves, and schools.

From Caroline Springs, residents have a quick commute to Melbourne’s CBD, which is less than 25 kilometres away.

Inside the estate pedestrian and cycling paths within the precinct structure plan foster a connected community, providing direct access to the area’s new town centres, schools and parks.

Kororoit Creek

Botania residents will be lucky enough to have a range of natural parklands and waterways on their doorstep, providing the perfect backdrop for exercise, rejuvenation and relaxation.

Kororoit creek is one of many natural elements that can be found at Botania. Running through the estate’s centre, the creek provides a natural waterway which is home to a range of local flora and fauna.

The run, walk and bike path that runs adjacent to the creek will be every active residents’ best friend but if relaxation is more your thing, then feeding the local ducks is always a fun option.

Located in Fraser Rise, less than 25 kilometers from Melbourne’s CBD, Botania is a 450-home new community which will be serviced by existing and developing schools, natural surrounds and two future town centres.

To secure your piece of Botania and start your next chapter please click here.

Welcome to Botania!

Welcome to Botania!

Located in Fraser Rise, a brand-new suburb just five-minutes’ drive from Caroline Springs town centre, Botania will comprise of 450 new homes and benefit from a host of existing and new amenities and infrastructure.

Our news and community section is the perfect place to keep up to date with Botania sales releases, building updates, local events, activities and community information.

Brought to you be leading Australian developer Growland, the team is proud to be contributing to Victoria’s booming western growth corridor and shaping the future of Fraser Rise with Botania.