Botania’s $12,500 Energy Rebate Promotion

Seize the opportunity to secure your spot in the Botania community today and enjoy our $12,500 bonus!

What is the Botania Energy Promotion?
The Botania Energy Promotion has been introduced to alleviate the financial strain on new buyers during the ongoing cost of living challenges. At Growland, we recognize that owning your first home or finding a new residence for your expanding family is an integral part of the cherished Australian dream. Our aim is to assist you in realizing this dream by tackling the escalating energy expenses that all Australians currently face.

The Energy Promotion offers new buyers two avenues to reduce their escalating energy costs.


We are offering a $12,500 Rebate to help you out!

You can choose between the following options:

  1. One year of Complimentary Energy on US
    Growland will reimburse you up to a value of $12,500 AUD for all gas and electricity services you’ve used over a one-year period to power your home.
  2. Ongoing Savings with Solar
    Growland will give you $12,500 AUD towards the installation of solar panels or a solar battery for your new home. This enables you to consistently save on your energy bills month after month and year after year.

How do I participate?

  1. Contact a member of our team to get started today!
  2. Sign a qualifying land contract of sale during the promotion period.

Have more Questions? Contact us!
For Townhome Enquiries:
Phone: 0421 096 981
Email: townhomes@botania.com.au
View all available Townhomes

For Land Enquiries:
Phone: 1300 888 182
Email: info@botania.com.au
View available House & Land Packages 
View Land for Sale 

Terms & Conditions
This offer exclusively applies to new buyers who purchase one of the remaining lots at Botania within the promotion period and meet all other qualifying criteria. For the complete set of terms and conditions, download here.
Download the Promotion Flyer here.
Download the Guidelines Flyer here.

Get started on your home-ownership journey today with Botania’s $5k Deposit Promotion!

Are you dreaming of owning your own home but find the rising interest rates and affordability issues standing in your way? The Great Australian Dream of owning a home may feel like a distant goal, especially for first home buyers facing the burden of a large deposit. But fear not, because Growland is here to help you turn that dream into a reality with our incredible $5k Deposit Promotion!

An Opportunity for First Home Buyers

Growland understands the challenges that young Australians face in entering the property market. The hurdles of saving up for a large deposit and the pressure of rising building costs can be overwhelming. That’s why we have tailored this special promotion with first home buyers in mind, making it easier for you to step into the world of home ownership.

Lock in Today’s Prices

With just a $5,000 initial deposit, you can secure your dream lot at Botania in Fraser Rise. This promotion offers you the unique advantage of locking in today’s land prices, protecting you from potential future price rises. Say goodbye to the worries of increasing property rates and secure your future home site at an affordable price.

Extended Timeframe to Save

We understand the current cost-of-living crisis is impacting your ability to save. To ease the pressure, we are offering an extended time frame to pay the balance of the 5% deposit that is usually due within 7 days of contract signing. This extra time provides you the opportunity to plan your finances wisely and take a step closer to your home-ownership goal.

Limited Offer – Act Now!

This exciting promotion is available for the first 10 purchasers only! If you are one of the fortunate ones, you can take advantage of the Botania $5k Deposit Promotion. Don’t miss this golden opportunity to secure your dream home with minimal upfront costs.

How to Claim the Offer

For more information about Botania’s $5k Deposit Promotion or to claim this offer, please contact our friendly sales team. You can reach us at 1300 888 182 or via email at info@botania.com.au. Our team is ready to assist you in making your dream of home ownership a reality!

Important Dates and Terms

Please note that buyers who purchase within Stages 7 & 8 of the community, the balance of the 5% deposit is due by 01 February 2024. Be sure to check out the full terms and conditions here before proceeding with your purchase.

Start Your Next Chapter at Botania Today!

Botania is a community designed to offer you the best of modern living amidst lush green surroundings. Together with neighbouring Deanside, the suburbs will host 40 local parks, important conservation reserves and a network of carefully-designed pedestrian and cycle tracks. With easy access to schools (including local Deanside Primary School over the road from the community), parks, shopping centers, and transport routes, Botania in Fraser Rise provides the ideal location for your dream home. Embrace the opportunity to be a part of this vibrant community and start your beautiful life at Botania today!

Don’t miss out on this limited offer. Secure your future with Botania’s $5k Deposit Promotion and take the first step towards making your dream of home ownership come true. Contact our sales team now and embark on your exciting home-ownership journey!

New Secondary School & Specialist School Coming Soon!

In an era where quality education and vibrant communities are highly sought after, the news of two new schools opening in the neighbouring suburb of Aintree is sure to send ripples of excitement throughout the Botania community. Aintree Secondary School and Aintree Specialist School, both currently known by their interim names, are poised to bring a wave of opportunities, growth, and enhanced living experiences for residents of the thriving Botania community in Fraser Rise.

For families residing in the Botania community, the opening of Aintree Secondary School and the neighbouring Specialist School, bring a convenient solution to their educational needs. With the new schools located less than a 5-minute drive from the Botania community, parents and students will enjoy the benefits of reduced commuting times and improved accessibility to quality education. This proximity not only saves valuable time but will also strengthen the sense of community as local families come together in a shared educational space.

Both Aintree Secondary School and Aintree Specialist School are expected to uphold a tradition of educational excellence, equipping students with the skills and knowledge they need to thrive in an increasingly competitive world. With a dedicated and passionate team of educators, the schools aim to provide a comprehensive curriculum that emphasizes holistic development, critical thinking, and problem-solving abilities. Purchasers in the Botania community can be assured that their children will have access to top-notch educational facilities and resources, fostering a love for learning and setting them up for future success.

Purchasers in the Botania community can look forward to their children having access to state-of-the-art sporting facilities, playgrounds, and open spaces that promote an active and healthy lifestyle. These facilities can serve as catalysts for physical fitness, social interaction, and the development of lifelong hobbies.

The two schools will also serve as a hub for community events, workshops, and educational programs, encouraging residents to come together, exchange ideas, and support one another. This increased community involvement can lead to a stronger social fabric, improved neighbourhood cohesion, and a higher quality of life for all Botania residents.

Construction of both schools is currently underway and anticipated for completion late 2023. The new schools will be completed in time for opening for Term 1, 2024.

The opening of both Aintree Secondary School and Aintree Specialist School alongside the Botania community marks an exciting new chapter in the neighbourhood’s growth and development. Purchasers in the Botania community will benefit from the excellent education opportunities, enhanced local investment and improved desirability of the locale and consequent positive effect on neighbouring property values, as well as enhanced community engagement, and access to recreational facilities that these new schools will bring making the Botania community an attractive choice for families and future buyers.

Aintree Secondary School and the neighbouring Aintree Specialist School are set to play a pivotal role in shaping the future of Botania, empowering its residents, and fostering a vibrant and prosperous community.

You can find information about enrollments or receive construction updates by visiting the links below
Aintree Secondary School
Aintree Specialist School

To Build & Sell or Build & Rent? That is the question.

Botania in Fraser Rise is a fantastic location for property investment because of its prime location and wealth of amenities on its doorstep.

Close to schools, shopping, and transport corridors, Botania is connected to everything a family wants and needs.

The biggest question to ask yourself when buying your first investment property is whether to build and sell or build and rent the property out. Check out our news post below where we compare the pros and cons of both options.

The Benefits of Build & Sell

Make your money back more quickly

If you are a seasoned investor, or want an opportunity to build wealth more quickly, than this is the option for you!

This allows you to take your newly earned capital and reinvest in another place sooner or utilise any profits you make for a holiday, life event, car or paying off your own home loan.

No long-term maintenance

The Build & Sell option allows you to reap what you have sowed sooner. You also do not need to go through the effort of finding a real estate agent to list the property with or allow for any funds for ongoing maintenance, as these become the responsibility of the new owner.

The Cons of Build & Sell

Higher initial outlay
If you plan to build and sell the house once construction on your investment property is complete, than you also need to allow some funds to do this with which can be hard to come by after settling and all construction costs are added up. We recommend factoring these costs in when you are initially looking for your block of land and deciding which home to build.


Market Dependant

Building and selling is a great option to consider if the market is up and your guaranteed to get a great deal for the cash injection you have made into the investment property. However, when selling a property for profit, the timing this property is listed in the market can make all of the difference. Nobody wants to list a property that hangs around unsold for months on end that will continue to rack up costly agent fees.

If the market is slower moving, hanging on to the property and renting it out could be the way to go.


Capital Gains Tax

Capital Gains Tax (CGT) is the tax you pay on profits from selling assets, such as property.

By buying land and building a home you are adding value so it is likely you will have a capital gain when you sell the property. If you do have a capital gain, it will increase the tax you need to pay. You may want to work out how much tax you will owe and set aside funds to cover it.

The Benefits of Build & Rent

Make more money over time

If you want an investment property that you can sit and hold on to, allowing you to grow your wealth over time, then this is the option for you.

Properties that are rented out are not affected by the swings and dips of the property market. This means you do not need to worry about selling your property at the “right time”, in a great area, your property will always make a great rental return.

What is rentvesting?
Rentvesting is when people live where they want to live and purchase where they can afford. The rental income they earn helps them to pay down their mortgage on the investment property, allowing them to become a homeowner without having to change their lifestyle.

Tax Benefits of Investment Property

Everybody loves receiving a great tax return and this is one way to go about bumping it up.

Owning a rental property allows you to claim a higher depreciation on the home compared to owner-occupier homes.

All home maintenance work, repairs, and renovations you also undertake on the property will also be a tax deduction.

The Cons of Renting

Home Maintenance
All homes require a level of annual upkeep and that goes without saying for rental properties as well. Rental home maintenance and repairs are legislated in Australia meaning, there are works that are mandatory to be carried out on a regular basis. These include such works as fire alarm checks and gutter cleaning. These do benefit you, as the homeowner, to protect your home but it can feel odd paying for something that doesn’t serve you directly.

Being a landlord
This alone is enough to turn some people off from buying an investment property to rent. It can be a daunting concept letting unknown people live in a home that you have worked hard for. Thorough insurance cover is a must here to ensure that you’re fully protected in the unlikely event it is ever required. All insurances are of course also a tax deduction.
If it is an admin or time barrier for you, Real Estate agents act as a great middle person to do a lot of the leg work of listing the property and liaising with tenants for you and once that trust is built, can even inspect the property once tenanted for you on your behalf.

We hope you have found the above information useful of things to consider when buying an investment process.

If you are interested in purchasing an investment property and would like to chat to a member of our friendly sales team, please feel free to reach out on either of the following methods:

For Townhome Enquiries:
Phone: 0421 096 981
Email: townhomes@botania.com.au
View all available Townhomes

For Land Enquiries:
Phone: 1300 888 182
Email: info@botania.com.au
View available House & Land Packages 
View Land for Sale 

Our Dual Key Terrace Range, a newly built Townhome for you!

The Terrace Range by Dual Key Victoria stands tall as an appealing modern home and smart property investment. The much-loved and ever popular Hampton façade has been repurposed into a strikingly appealing 3 bedroom townhouse for sale.

What’s most impressive about this affordable townhome, are the countless options this home presents to a family over their property ownership lifespan – a first home where someone else helps pay off your mortgage, an investment property with double the rental income, a home that can cater to visiting parents or in-laws or the perfect movedown.

The Terrace Range by Dual Key Victoria presents a smart investment even in uncertain times, presenting a 3-bedroom townhouse that can function as two separate homes under the same roof line.

If you are beginning your property-ownership journey, you may be wondering if you should buy an investment property or become an owner occupier. The Terrace Range by Dual Key Victoria allows you to purchase your first home and an investment at the same time.

Each level is self-contained and independent ensuring you’ll have your own space, secured access and designated car parking.

The current market begs for smart property investment. The Dual Key Terrace Range provides an avenue for you to protect yourself from mortgage stress by supplementing your loan repayments with rent from one of the levels, in turn enabling you to pay off your mortgage faster.

The Terrace Range is a full turnkey townhouse that is 100% ready to move into from day 1. This includes all fittings, landscaping, a letter box and washing line. All items that are not usually included in typical house and land package prices.

For those budding investors, wondering if townhouses are a good investment, the Terrace Range allows you to enhance the way you invest by purchasing a property that can offer you TWO rental incomes without the sub-divisional costs of building two properties.

For the low starting price of $635,200, you will be able to purchase two homes presenting a dual income property investment. With each of the levels providing their own rental stream, the Terrace Range can be positively geared from Day 1, providing you with returns of up to 7.9%* per annum!

The Dual Key Terrace Range is a functional home enabling flexibility as well as ensuring a smart property investment in a daunting property market.

Want to learn more about the Dual Key Terrace Range? Come to an Information Session!

The next Information session will be held on Saturday October 21st from 1:30pm in Diggers Rest.

Our builder partners, Dual Key Victoria, will run you through what this versatile home can do for you!
Providing you with knowledge about obtaining your very own high return investment property. Learn key information relevant to Melbourne’s current investment market including return statistics and rental demand. An exclusive information pack will be given to all attendees.

You can register for the event here.

You can view our Terrace Range here or speak to our team for further information via one of the methods below.

Phone

Email

It’s time to start your next chapter at Botania.

*Up to 8% return based on balance of borrowing amounts and estimated rental income. This information is for general information purposes only, it is not intended as financial or investment advice and should not be construed or relied on as such. Before making any commitment, you should seek advice from a qualified and registered financial or investment advisor.

How to finance buying land and building a house

Purchasing property can seem like a scary prospect at the moment with higher interest rates and elevated building costs the talk of the town. Luckily, we are here to ease the burden and let you know you’re not facing these challenges alone.

In a dynamic housing market, you may find yourself asking what you can do to ensure you are finance secure and ready for the big purchase.

Here are some tips on what buyers should consider when financing a new home.

 Know the market. 

By now, we’re all very familiar with the Reserve Bank meeting on the first Tuesday of every month to decide if there will be another increase to the official cash rate.

Bank interest rates are determined by the Reserve Bank and are set as a means to control inflation, which the Reserve Bank likes to sit around 2-3%. The current climate of high inflation has led to the Reserve Bank continuously increasing the cash rate over the past year to curb consumer spending.

With the current marker of inflation at 7% (May 2023), the RBA board has stated future increases remain likely as it is expected to take some time before inflation falls back within its preferred range.

Higher interest rates impact purchasing property in a few ways, with the biggest impact to purchasers being an impact on their borrowing capacity, decreasing their overall budget and purchasing power.

What is stress testing?
When seeking preapproval from a bank for a mortgage, the bank will simulate different scenarios to ensure the borrower is able to continue to make their mortgage payments in case there is financial turmoil, the interest rates go up, or any other event that befalls the borrower that could potentially decrease their purchasing power. Stress testing is commonplace, but as interest rates rise, the stress testing becomes more severe leaving many with the inability to secure a loan at all.

At times, some banks will lend up to 95% and sometimes even 100% against the security of another residential property. At periods of high inflation, borrowers are unlikely to pass stress tests with only a steady job and little capital behind them.

The Australian Prudential Regulation Authority (APRA) has also recently tightened lending rules, reducing the maximum amount Australians can borrow from the bank to buy a property.

How to negotiate a lower interest rate?

Negotiating a lower interest rate is less about your skill in the art of persuasion and more a reflection of diligent saving and healthy financial habits.

A bank will look more favourably upon you the fewer commitments you have. This involves consolidating debt by looking at your subscription services, reducing the number of credit cards and Buy Now, Pay Later schemes.

To the bank, the less money you can live on monthly to support yourself, the more money you’ll have to surpass stress tests.

Banks will review a minimum of 3 months of living expenses to ensure you can comfortably meet your mortgage payment, so, start practicing those healthy habits now.

A common oversight of many firs time home buyers is the effect a constant income and residence can have on borrowing capacity. Recent Australian data confirmed that the labour market remains very tight, with the unemployment rate at a near 50-year low. From the outlook, this can appear like a savvy time to change jobs, however regular or a recent change of employment as well as a residence may be considered unstable from a lender’s perspective and can negatively impact your eligibility for a home loan – even if your new job was offering more money!

The actual costs of buying a house

If you are a first-time buyer, knowing the full cost of buying is essential to avoid any nasty surprises. It’s more than saving a 20% deposit which is the common catch phrase. Beyond the down payment on the land and the build, there are extra expenses to consider when buying a home, including stamp duty, conveyancing fees and council rates. 

It is important to take these associated costs into consideration to help ensure you have a more accurate understanding of your purchasing power and you are searching for suitable house and land packages.

What does a mortgage broker do?

Using a mortgage broker can be a great asset to the home-buying process, providing insight into the different types of loans available and their features.

When purchasing house and land, lenders will typically offer Variable Rates during the land purchase and construction phase, allowing you to Fix the Rate upon construction completion.

> Variable Rates offer flexibility regarding repayments and allow fee-free access to additional loan repayments. However, the applicable rate is exposed to the market rate and Reserve Bank, potentially leading to increased repayments you may not have budgeted for or have any control over. On the other hand, in a reducing rate market, your mortgage payment can decrease. 

> Fixed Rates guarantee peace-of-mind with a fixed mortgage payment for the agreed term period. Although, there are restrictions on additional repayments that can be made, access to additional repayments is usually not allowed and may not be eligible for a home loan with an offset account.

Enlisting the help of a mortgage broker will run you through the pros and cons with either option, helping you to consider all the features and benefits to make an informed decision.

We have teamed up with a highly experienced mortgage broker – Bill Jara, a Senior Lending Manager at Loan Studio who specialises in residential mortgages. He can assist you and answer your questions about how construction loans work and how you can finance your new home.

Call Bill on: 0466 896 029 or email: bill@loanstudio.com.au.

Want to chat to a member of our team? Our friendly sales team are always happy to help 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

Email: info@botania.com.au

View available House & Land Packages 

View Land for Sale 

Refer your friends and family to Botania and be rewarded!

With the final land release in our flourishing community now selling, time is running out to secure your place in Botania.

And there’s no time like the present! 

Be referred by a friend or family member who has already purchased within the Botania community and you will earn them $3,000!

Whether you’re a first home buyer looking to enter the market or a growing family looking to settle down, you’re sure to find the perfect lot or house & land package to suit your lifestyle. 

Just 5 minutes from Caroline Springs and 25kms from Melbourne’s CBD, Botania brings quality education, transport corridors and new amenity to your doorstep. 

Choose your perfect lot and create your dream home alongside some of Australia’s leading builders in a safe and welcoming community. Embrace an active, outdoor-oriented lifestyle where bike trails, walking paths, sporting reserves and natural open spaces are all within arm’s reach. 

Secure premium real estate in Fraser Rise and start your next chapter at Botania.

To claim this offer, please contact our friendly sales team on 1300 888 182 or via email at info@botania.com.au

View Terms & Conditions

Maintaining your Property

Growland encourages the regular maintenance of all properties within the community to improve the visual amenity of our Botania community in Fraser Rise. Overgrown and neglected vacant lots are not only unsightly but can also attract pests like rats or snakes. As well as looking after the community we live in, maintenance of all properties reduces fire and health hazards and helps to ensure public safety.

Unfortunately, the dumping of rubbish and building materials is common in new communities under construction. Growland is aware of these instances throughout the Botania community and does what it can to mitigate this illegal activity by installing signage and security cameras throughout the estate.

As the owner of your very own piece of the Botania community, you can help prevent this unwanted behaviour by securing and maintaining your lot.

Please organise temporary fencing for your lot to prevent the dumping of rubbish as soon as possible upon settlement. It is a costly exercise, for you as the homeowner, if clearing is needed prior to the construction of your home.

Even if you are not planning on constructing your new home in the Botania community straight away, it is still important to secure your property.

It is also your responsibility to maintain the vacant land to an appropriate standard. Vacant land is to be kept clear of any fire hazard, noxious weeds, box thorn plants, litter and rubbish, which could include concrete, dirt mounds, rocks and rubble.

Overgrown grass can be a fire hazard and must be maintained to a height of no more than 150mm all year round. Regular mowing or slashing is recommended.

We encourage vacant landowners to inspect your property regularly to ensure that these outcomes are achieved.

Melton City do undertake their own regular surveillance of new communities and will issue notices to any property that is deemed to not comply. You may also be issued an infringement notice if works are undertaken on your property on your behalf.

We thank you for your committment to the above as it will help make Botania a safer and more beautiful community for all to enjoy.

If you do see anyone illegally dumping within the Botania community or any properties that are unkempt or pose a risk to public safety, please report the activity to Melton City Council Local Laws on (03) 9747 7200.  

Discover Townhome Living at Botania!

Discover the perks of low maintenance living, with a number of architecturally designed townhomes now available for purchase within our thriving Botania community in Fraser Rise.

The Newhaven series by building group Apex Homes epitomises modern living, expertly catering to busy lifestyles. The whole family will feel at home in the Newhaven with three- or four-bedroom options available.

These turnkey townhomes are ideal for those entering the property market, anyone looking to downsize with their family or a savvy investor.

With contemporary designs and visually striking facades, these townhomes will exceed your expectations from the get-go. The build price for your new townhome is set and includes all of those extra costs that can get missed when building a standard detached house like site costs, fittings, landscaping and a clothesline making these a smart option for those working within a budget.

Ideally positioned around the future Stage 7 park, these townhomes will have a picturesque outlook from their front windows. Residents will be primed to enjoy the active green space right on their doorsteps including a basketball half court, expansive grassed kick about area, play equipment and BBQ & picnic facilities.

Botania is situated 25 kilometres from Melbourne’s CBD and 5 minutes from the established suburbs of Caroline Springs & Taylors Hill, don’t miss this incredible opportunity to secure a brand new home in an established community, moments away from quality education, shopping, transport and more.

 View the available townhomes or speak to our team for further information via one of the methods below.

Phone

Email

It’s time to start your next chapter at Botania.

Constructing your shared fence

Separating two pieces of land, a dividing or boundary fence is the joint property between the landowner and neighbour. The cost of building and repairing is shared equally between neighbours.

If you are ready to construct your boundary fencing, you will need to get in contact with your neighbours (left, right and rear) before construction begins. Both neighbours who share the common boundary will need to agree to the costs to construct the new fence before any work is commenced.

To find out the contact details of your neighbours,  so you can begin discussions surrounding boundary fencing, please get in contact with the Melton council by following the directions at the link provided here.

Constructing a shared fence follows this general process:

1. Contact you local council (Melton – see link above) for your neighbours contact details

2. Obtain 3 quotes from separate contractors

3. Speak to your neighbour about the obtained quotes and allow your neighbour to source 3 of their own

If your neighbouring block is unsold and is still listed as the property of Growland, we recommend following these steps:

– Obtain 3 separate quotes

– Choose the best of 3

– Keep all 3 original quotes to present to your new neighbour when they eventually move in

– Present 3 quotes and their share of the invoice from your chosen contractor to your neighbour 

If you have any questions about the type of fencing or restrictions on the type of fencing allowed within the Botania community, please refer to the Design Guidelines here.

Please note: Growland is unable to provide any contact details to purchasers of adjoining lot owners.

If you would like more information on fencing law in Victoria, you can find that here.