Benefits of Buying Land in a Newly Created Suburb

25 June 2019

Dreaming of a change in pace? Maybe a new look for life with open space and stunning views of rolling hills? The picturesque scenery along the border of ACT and NSW is certainly enough to spark dreams for many Canberrans to live large and live beautifully. If you’re dreaming of escaping the hustle and bustle and investing in a more spacious lifestyle just out of the city, then it’s worth considering the benefits that can be offered by buying in a brand new community, like South Jerrabomberra.  

http://j.mp/2LdEkj5

LOCATION

Buying land doesn’t have to mean a long commute. One of the biggest drawcards for new development “South Jerrabomberra” is its location— Just 3 minutes’ drive from the established services and amenities of Jerrabomberra, 15 minutes to Woden and 20 minutes to the City.

South Jerrabomberra location

NATURAL SURROUNDINGS

If you value being surrounded by nature, open space and environment then this new suburb could prove particularly attractive. South Jerrabomberra incorporates natural surroundings into the design through parklands, nature strips and outdoor facilities to create a true sense of family friendly lifestyle.

For those that invest in a backyard at South Jerrabomberra, they’ll benefit from a relaxed lifestyle surround by modern parkland area with playground facilities, beautiful vistas and landscaped ponds. Buyers will enjoy access to walks through beautiful nature strips and a new sense of serenity that comes with vast open countryside. 

COMMUNITY LIVING

Another benefit of living in this newly created suburb is the opportunity to form close connections with other families that may be at similar stages in their life. The plans for South Jerrabomberra paint a very exciting picture for this future thriving community where over 4,000 people will call home.

Plans for a Regional Sports Complex include an indoor aquatic centre, basketball stadium, hockey and soccer fields, is one of many infrastructure projects. Buyers and prospective residents will also enjoy easy access to existing nearby community amenities including supermarkets, petrol stations, schools, childcare facilities, a post office and medical centre.

FINANCIAL OPPORTUNITIES

Another considerable benefit for anyone investing in property in NSW right now is the savings you can achieve compared to the ACT.

Eligible purchasers buying residential land in NSW pay no duty on vacant blocks valued up to $350,000, or they receive concessions on duty for vacant land valued between $350,000 and $450,000.

Add to that The First Home Owner Grant which assists eligible first home with a grant of $10,000 for new home purchases under $600,000; or for a property where you enter into a contract to build, or are an owner builder, a total value of up to $750,000 applies.

What does this all mean? If you’re a first home owner thinking of purchasing a block of land at South Jerra, for example, Block K Section AG, which is priced at $345,000, you will pay no stamp duty and receive $10,000 in your pocket!*

Stage 1a Block U, Section AF - 450m2 $370,000

Stage 1a Block J, Section AC - 562m2 $420,000

 

Blocks in Stage 1 of this highly popular development are selling fast! Contact South Jerrabomberra to find out about land currently available and register your interest to Live Your Jerra Life.

http://j.mp/2LdEkj5

*estimate only. Subject to eligibility criteria as determined by NSW Revenue. For more information https://www.revenue.nsw.gov.au/grants-schemes/first-home-buyer