News & Media | 10 October 2017

Frasers Property extends hand to first home buyers

FPA Fairwater, Blacktown Display Home

Buy a home with just 5 per cent deposit.

Blacktown – Sydney – 10 October 2017 – Saving a deposit for your first home can be a difficult, drawn-out process, so Frasers Property Australia has extended a helping hand to those eager to buy a home in its Fairwater masterplanned community in Blacktown.

Until October 31, eligible first home buyers can purchase from a select range of two and three-bedroom Fairwater homes with as little as 5 per cent deposit.

The offer is designed to help those in a position to buy a first home make a move sooner and to be eligible, first homebuyers need only demonstrate they have finance in place from a reputable institution and can comfortably meet repayments.

First home buyers can choose from a limited number of homes in The Fairway Collection priced from $672,000 to $740,000, with a selection of two-bedroom terraces and three-bedroom townhome designs available.

Each Fairway Collection home is designed with an open plan living area that extends to a private alfresco courtyard, making them ideal for first home buyers and young, growing families.

Set on a 38.5-hectare former golf course with over nine hectares of open space, Fairwater offers picturesque landscaped surroundings, lakes and ponds, boardwalks, walkways and pramways, a playground, water play area, a learn-to-ride bike track and a large Central Park.

The Fairway Collection is close to the Central Park, which will be an important focal point for the entire community. The homes will be ready to move in late 2018 or early 2019, giving first homebuyers plenty of time to save before settlement, while locking in their new home at today’s prices.

And in addition to the 5 per cent deposit, first home buyers will benefit from the NSW Government stamp duty concessions, which apply to properties valued up to $800,000.

Nigel Edgar, General Manager - Residential NSW, Frasers Property Australia says first home buyers who take advantage of the reduced deposit offer will move into an established neighbourhood.

“More than 500 residents are today enjoying the picturesque environment, the range of amenities and connected lifestyle of Fairwater,” Mr Edgar says.

Fairwater resident Ankit Shah and his family moved into their new home in 2016 after being attracted to the beautiful green open spaces.

“You would never think we were so close to Blacktown CBD. We’re lucky to have such a beautiful backdrop to our new community,” explains Ankit, who says one of the family’s favourite places to spend time together is the scenic lake on Fairwater Boulevard.

“My daughter loves feeding the ducks. It is lovely and peaceful down by the lake, and we often run into other families,” says Ankit.

Ankit is also impressed with the level of craftsmanship of their new home.

“We are so proud of our new home. My wife and I are especially impressed with the level of finishes – every detail is of great quality and design. We couldn’t be happier,” Ankit says.

Located 1km from Blacktown CBD and its network of transport options, Fairwater is one of Australia’s most sustainable communities, having been awarded a 6 Star Green Star Communities rating from the Green Building Council of Australia.

Fairwater received the Urban Development Institute of Australia (UDIA) NSW Award for Excellence in Masterplanned Communities in 2017 and won UDIA’s 2017 National Award for Excellence in Residential Development.

The Fairwater Display Village and Sales Centre is open seven days a week from 11am to 4pm. Visit www.fairwaterliving.com.au or call Frasers Property on 13 38 38 for more information.