FAQs | Amberlee Living

Frequently Asked Questions

How do costs compare to owning a suburban home?

Compared to a suburban home, Amberlee pick up a lot of the payments that an individual would pay directly owning a home.

Costs of land rates in the area?

That depends on the individual property, though one of our residents that sold there city residences to purchase a home in Amberlee was paying $3,200 council rate, $2,500 Water rate & $1,500 Sewer rates. Those figures were based on Mount Martha.

Cost of Stamp Duty?

NO Stamp Duty for you when you purchasing at Amberlee — an new home could possibly be $45,000 or more.

Land Tax?

No Land tax for your home at Amberlee—land tax is payable on the second and all other properties you own, but not at Amberlee. That cost may be thousands of dollars annually, but not at Amberlee.

Is there Capital Gains tax when we sell?

NO

Is the unit likely to go up in value?

Like all Real Estate, it depends on the financial climate of the time. Also like Real Estate, if you own the unit for over 5 years you can be fairly sure it will go up in value.

Are there payment options?

When buying your home off the plan, payments are made on scheduled basis as the home progresses along the production line. This plan may be customised, however the usual schedule is 20% deposit, 10% upon colour selection, 20% at start of production, 20% once delivery date is confirmed, 20% upon onsite viewing and 10% upon final settlement. When purchasing an existing home a 10% deposit is made with the balance paid on or before the agreed settlement date.

What contracts need to be signed?

When purchasing off the plan, you will receive a planning contract for any changes that you wish to make to the standard plan. This is in addition to the sales contract, payment schedule, warranty information and Seachange residential agreement.

What about my Boat and Trailer?

We have a dedicated yard for Boat, Jet-ski, Trailer storage.

Can I bring my Pet?

We want this to be your family home, so all ‘family members’ are welcome weather two legs or four.. We even have a dedicated Dog Walking Track.

Can I bring my touring Caravan?

Now days it seems everyone owns a caravan, so we consider a caravan one of your vehicles. We have specialized sites that have room for a caravan, or it can be stored in our dedicated storage yard.

FAQ