How to Buy Land
1. Initial reservation
Choose your homesite at Oran Park and pay the $500 reservation fee. Cash, cheque or credit card is acceptable. This administration fee reserves your homesite for 30 days.
The reservation fee is deducted from the purchase price when you proceed and is not refundable in the event you do not proceed with the transaction.
2. Contract for Sale of Land
Your Contract for Sale of Land will be issued to your solicitor/conveyancer within 3 working days after you reserve your lot. (You can only change your preferred lot during this 3 day period; otherwise, you will forfeit your $500 reservation fee and need to pay another $500 if you reserve another lot.)
3. Exchange of Contracts
The Exchange of Contract is when you sign the Contract. Exchange is required within 30 days from the date of your reservation unless otherwise specified in the Contract. You are required to pay the balance of your 5% deposit at Exchange, less your $500 administration fee.
4. Settlement of Land
If you are buying registered land, (land that’s ready to build on straight away) you are required to settle on the contract within a further 30 days from Exchange unless otherwise specified in the Contract. Settlement means paying the balance of the purchase price and finalising the purchase. Once you’ve settled the purchase, the land belongs to you. If you are buying land “off the plan” (land which isn’t registered, and isn’t ready to built on yet) the balance of the purchase price is due 14 days after the land is registered. Your solicitor/conveyancer will be notified when registration occurs.
5. Finalise your plans
You can now finalise your house plans with your builder in accordance with the Oran Park Town Design Guidelines. Submit them for approval to The Oran Park Town Design Review Panel. This will ensure you’re eligible to claim for full Rebates for Design and Landscaping. You must have your plans approved by a Principal Certifying Authority (PCA), either a Private Certifier or Camden Council. Check with your builder as to whether your design can be approved as a “Complying Development”.
6. Build you dream home
Once your plans have been approved by your PCA, you’re ready to start building.
7. Claim your $5,000 House Design Rebate* and $5,000 Landscape Rebate*
- Once your home is completed you can claim your rebates. Your home and garden must be completed in accordance with the Contract for Sale, approved plans by the PCA and the Design and Landscaping Plans as approved by the Oran Park Town Design Review Panel. $5,000 is paid for your House Design* and $5,000 for your Landscaping* so long as you build your home within 12 months of settlement and complete your landscaping within 24 months of settlement. Refer to the fact sheet on ‘Claiming your Rebates*’ available from the Sales Information Centre.
- Claim your First Home Buyer rebate
Conditions apply. Refer to the Contract of Sale of Land.