Tag: home ownership

October 14, 2018Lifestyle

Green rolling hills and seamless data streams

The National Broadband Network (NBN) is a very exciting upgrade to Australia's landline phone and internet telecommunication network. Having access to high speed internet gives us the opportunity to be more productive, entertained and connected with family and friends.

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September 30, 2018Investment

What’s the minimum deposit required to buy a block of land?

Buying your own land with LandGipps is more accessible than you may have thought. With a deposit from as low as $10,000 you can own your very own piece of Gippsland within a quality development. Brad Creighton, sales manager for LandGipps explains.  “When you find the right block of land with LandGipps, you can hold it for $1000 and buy it with as little as a $10,000 deposit subject to finance approval.  Of course, the $1000 goes towards the deposit.” Brad explains that Landgipps takes a simpler approach than many other developers and sales agents. “Rather than a 10% deposit, an allotment purchased with Landgipps can be held with a $1000 refundable deposit. On signing of a contract, the balance […]

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June 6, 2018First Home

Jargon Busting Terms All First Home Buyers Should Know

Agreement This is the written contract for the sale and purchase of the property between the vendor (seller) and the purchaser (buyer). Deposit Part of the price (usually 10%) paid by the buyer when the agreement is signed or on confirmation. Equity This is the amount of the property that the purchaser actually owns – rather than owes. Freehold This form of title means that you own the land and the buildings on the property, with few restrictions. Mortgage A mortgage is a type of loan. Mortgages are used to make large real estate purchases without paying the entire value of the home and land up front. Over a period of many years you repay the loan, plus interest, until you eventually own […]

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March 12, 2016Lifestyle

Gippsland affords the “Great Australian Dream”

Struggling homebuyers have recently been urged by the Andrews government to consider moving to the country amid the housing affordability crisis. Now this article in Domain claims that rising property prices are changing ideas around home ownership. “The great Australian dream of a family home behind a white picket fence on a large block is becoming harder to reach” says Christina Zhou and Alistair Walsh of Domain. LandGipps can confirm that the opportunity of home ownership is still very real in Gippsland with land available from $100,000 close to the M1, shopping and employment centres. With our build partners this allows a new house land package for less than $300,000. Larger allotments are also more prevalent with allotments ranging from […]

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Interested in buying land? Let’s chat. Call 1300 545 263

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