Club Mambourin
Chance to win a $500 Prezzee Gift Voucher

Conditions of entry (Conditions)

1. Information about prizes and how to enter forms part of these Conditions. By entering, entrants accept these Conditions. Nothing in these Conditions restricts, excludes or modifies or purports to restrict, exclude or modify any statutory consumer rights under any applicable law including the Competition and Consumer Act 2010 (Cth).

2. Entry is open only to Victorian residents aged 18 years or older who own a property within the Frasers Property developed community of Mambourin.

3. The promotion begins at 12:01am (Melbourne time) on Monday 19 February 2024 and closes at 11:59pm (Melbourne time) on Thursday 29 February 2024 (Promotion Period).

4. To enter, entrants must, during the Promotion Period:
(a)  Fully complete the Club Mambourin Survey (to Qualify) and
(b)  Provide name, email address and telephone number.
(c)  Own a property within the Frasers Property developed community of Mambourin.

5. Entries must be received by the Promoter during the Promotion Period. Each entrant may only submit one entry.

6. The Promoter accepts no responsibility for any late, lost, incomplete, incorrectly submitted, delayed, illegible, corrupted or misdirected entries, claims or correspondence, whether due to error, omission, alteration, tampering, deletion, theft, destruction, transmission interruption, communications failure or otherwise. The Promoter has no control over mobile telephone communications, networks or lines and accepts no responsibility for any problems associated with them, whether due to traffic congestion, technical malfunction or otherwise.

7. The Promoter is not liable for any consequences of user error including (without limitation) costs incurred.

8. Each entrant is responsible for paying for the costs associated with entering the promotion.

9. The draw will be conducted at 11am (Melbourne time) on 6 March 2024. There is one $500 AUD Prezzee digital gift card prize that will be drawn.

10. Each entrant must create their own entry and only submit an entry in their own name. Only one entry per eligible household will be included as an entry. Multiple entries per household will not be accepted. All entries become the property of the Promoter. The Promoter’s decisions in relation to all aspects of the promotion is final and no correspondence will be entered into. The prize is a digital gift card from Prezzee valued at $500 AUD (including GST).

11. The total prize is valued at $500 AUD. All prize values are the recommended retail value (including GST) in Australia as provided by the supplier and are correct at the time of email distribution to the winner.

12. The Promoter and its associated agencies and companies will not be liable for any loss (including, without limitation, indirect, special or consequential loss or loss of profits), expense, damage, personal injury or death which is suffered or sustained (whether or not arising from any person’s negligence) in connection with this promotion or accepting or using any prize, except for any liability which cannot be excluded by law (in which case that liability is limited to the minimum allowable by law).

13. Once any prize has left the Promoter’s or supplier’s premises, the Promoter and its agencies and companies associated with the promotion will not be responsible for any delay in delivery of, or loss or damage to, the prize.

14. The winner will be notified by email within two days of the draw on 6 March 2024.

15. The Promoter may require a winner to verify their entry and provide proof of identity, age, purchase or residency. Proof considered suitable for verification is at the Promoter’s discretion. Failure to provide any of this verification to the Promoter upon request may, at the Promoter’s discretion, invalidate the entrant’s entry.

16. The Promoter will, within 7 days of notifying the winner will email the prize directly to the email address provided on the winner’s entry form within the Club Mambourin Survey.

17. If a winning entry is deemed not to comply with these Conditions, the entry will be discarded and a new winner of that prize will be determined by drawing a further valid entry in the unclaimed prize draw in accordance within paragraph 22.

18. The Promoter may verify the validity of entries and, in its sole discretion, disqualify all entries from, and prohibit further participation in this promotion by, any person who manipulates or tampers with or benefits from any manipulation of or tampering with the entry process or the operation of the promotion (including, but not limited to, soliciting votes; disguising an IP address; using multiple email addresses, aliases or other electronic account to submit multiple entries for the same person); violates these Conditions; acts in a disruptive or dishonest manner; acts with an intent to annoy, abuse, threaten or harass any other person or jeopardises the fair operation of the promotion.

19. Prizes are not transferable or exchangeable and cannot be redeemed for cash. If, for any reason, a winner does not take an element of the prize at the time stipulated by the Promoter, that element of the prize will be forfeited by the winner and cash will not be supplied in lieu of that element of the prize. The Promoter accepts no responsibility for any variation in prize value. Where a prize is unavailable for any reason, the Promoter may substitute for that prize another item of equal or higher value as determined by the Promoter, subject to the approval of the gaming authorities in each state and territory, where required.

20. If, for any reason, any aspect of this promotion is not capable of running as planned, including by reason of infection by computer virus, mobile network failure, bugs, tampering, manipulation, unauthorised intervention, fraud, technical failures or any cause beyond the control of the Promoter which corrupts or affects the administration, security, fairness, integrity or proper conduct of this promotion, the Promoter may in its sole discretion cancel, terminate, modify or suspend the promotion or invalidate any affected entries, subject to the approval of the gaming authorities in each state and territory, where required.

21. The Promoter accepts no responsibility for any tax implications that may arise from the prize winnings. Independent financial advice should be sought. Where the operation of this promotion results in, for GST purposes, supplies being made for non-monetary consideration, entrants agree to follow the Australian Taxation Office’s stated view that where the parties are at arm’s length, goods and services exchanged are of equal GST inclusive market values.

Privacy Collection Notice:
(a)  The Promoter will collect the personal information that an entrant provides (including name, mailing address, email address or phone number) when it enters the promotion/competition and if an entrant wins the competition the Promoter may collect more personal information from you.
(b)  The Promoter may also be required by gaming and lottery legislation to collect some of your personal information.
(c)  The Promoter may use the personal information that an entrant provides for the purpose of (and relating to) conducting the competition/promotion and awarding any prize, including promoting the winner(s) of the promotion/competition and otherwise in accordance with the Promoter’s Privacy Policy.
(d)  If the Promoter does not collect some or all of this information, it may not be able to enter you into the competition or provide the prize.
(e)  The Promoter may disclose any entrant’s personal information to:
(i)  relevant suppliers, contractors, agents who assist the Promoter in administering the promotion/competition and awarding the prize;
(ii)  marketing, research, and communications agencies;
(iii)  regulatory bodies and other government agencies, including any authority responsible for the regulation of gaming and lotteries and other government agencies (where applicable); and
(iv)  other parties, if require by law.
(f)  The Promoter will collect, store and handle the personal information of all entrants in accordance with the Promoter’s Privacy Policy, which tells you how the Promoter manages the personal information it holds and how it complies with its privacy obligations, including how you may request access to, and correction of, personal information the Promoter holds about you, how you may complain about a privacy breach, and how the Promoter will deal with a privacy complaint.
(g)  If an entrant wishes to access, update or correct any of their personal information, they should contact the Promoter at the address below. A copy of the Promoter’s privacy policy may be obtained at https://www.frasersproperty.com.au/privacy or by contacting the Promoter.
(h)  To see the Promoter’s Privacy Policy please visit: https://www.frasersproperty.com.au/privacy or call (02) 9767 2042 or email: companysecretariat@frasersproperty.com.au.

22. The Promoter reserves the right (in its discretion) to at any time cancel, substitute or vary any of these terms and conditions (in whole or in part).

23. The Promoter is Frasers Property AHL Limited (ACN 008 443 696) of Level 2, Building C, 1 Homebush Bay Drive, Rhodes NSW 2138. Phone: (02) 9767 2000.

The iconic image of a quarter-acre block with a family-sized home and a sprawling backyard has long held sway as the pinnacle of Australian homeownership. But, as the cost of housing continues to grow, planners, policy makers, and developers are exploring ways to keep the Great Australian Dream alive and attainable.

Linger long enough at any Aussie barbecue or dinner party and the topic of conversation will eventually turn to the issue of property prices. The question on many people’s lips, especially younger generations and first homebuyers, is whether it’s still possible to afford the Great Australian property dream?

“Housing affordability has become a significant issue in Australia,” says Cameron Leggatt, Executive General Manager of Development for Frasers Property Australia. “It’s something that’s debated from living rooms to boardrooms and at every level of government on a daily basis. Because there are so many contributing factors, it’s become a wicked problem that’s not easy to resolve.”

While the issue of housing affordability has been bubbling away for decades, the unique and unanticipated conditions of the first few years of the 2020s were like pouring gasoline on a slow-burning fire. A pandemic-led property boom, supply chain shortages, and record wet weather followed by post-pandemic surge in population growth and migration has pushed both the demand and supply side of the property cycle to breaking point.

“Supply has been a huge problem,” concedes Cameron. “Opening up new pockets of development takes time. There are acquisition, planning, regulatory approvals, and construction timetables to navigate, and that assumes you have the people and resources needed to see you through each stage. We know from conversations that we’re having with various local councils around the country that they’re struggling with a backlog of approvals.”

On the demand side, Australians remain infatuated with the Great Australian Dream.

“Australians are property obsessed,” says Cameron. “If people aren’t in the market, they feel nervous and anxious about it. Talking about property is almost our national pastime.

“At its core, the dream is about owning your piece of Australia. It’s knowing that you’ve got a sense of security, that you’ve made it. That you can provide for your family, that you’re on that ladder of opportunity that owning a home affords you.”

A Ladder of Options: Rethinking Property Ownership

Australia’s infatuation with the quintessential family home took root during an era of rapid suburban development and abundant land availability. Some eighty years later, contemporary market dynamics presents a very different picture.

While the quarter-acre block can still be found in outer fringe developments and regional centres, there’s a good deal more diversity to be found in the property market these days. Apartments and townhomes have become increasingly popular, particularly in inner and middle ring suburbs, as a means of providing housing opportunity at more affordable price points.

While land prices and availability have driven some of that change, evolving demographics are also reshaping traditional notions of the Great Aussie Dream.

“The single storey 3- or 4- bedroom house on a big block no longer fits the bill for everyone,” says Matthew Allen, Director at architectural firm, Bates Smart. “Different household compositions—from single people and couples without kids, to multigenerational families and downsizers—want homes tailored to their specific needs, not this one-size-fits-all mentality.

“When you think about it, the idea of one standalone house on a quarter acre block satisfying the needs of the whole society…it’s an absurd notion.”

As societal dynamics evolve, the concept of a lifelong “golden property” is making room for a “ladder of options”, says Angus Moore, an economist at realestate. com.au. He notes that pragmatic property buyers are now looking at housing as a five-year plan, gradually progressing to larger or better-located properties as their means and needs evolve.

“For young Australians who are faced with inevitable affordability pressures, the idea of buying your castle as your first home is increasingly difficult,” Angus says.

“Being adaptable and buying more of a starter home, then working your way up to your dream home is generally more achievable.

“That might mean instead of looking to buy a house you can live in for the next 10 years, an apartment that will see you through the next 5 years so could be more easily within reach.”

Cameron Leggatt points to the success of Frasers Property communities like Ed.Square and Midtown MacPark in Sydney, Burwood Brickworks and Mambourin in Melbourne, as well as Brookhaven in Brisbane’s southwest

“From the minute we look at a site, we’re assessing how we can add value to it,” says Cameron. “We’re always looking at how we can get as much variety into the product typology as we can, to get as many first homebuyers into the community as possible.

“People are really craving beautiful, convenient, and useable amenity, as well as great infrastructure, like shopping, schools, and transport. When you get it right, that’s when people feel they can make those key tradeoffs to get into their first home. They’re more willing to sacrifice a bit in terms of land size or number of bedrooms or car parking because they know that they’re going to be able to step out of their front door and get to things quickly. They’ve got everything that they would like to do on the weekends right there.”

The Great Australian Dream looks set to remain a Great Australian Aspiration, deeply ingrained in the national psyche. But it will look markedly different than it has in the past. A more diverse property landscape offering various entry points and affordable options that reflect the multifaceted nature of modern Australian society will continue to take shape.

As Cameron points out: “The Great Australian Dream isn’t dead, it’s just different.”