Frequently Asked Questions
Building a new property can be daunting and confusing with information from different sources. We’ve complied the most asked questions at our sales suite, to help you gain a better understanding of the land purchasing & building process at The Patch.
If your question isn’t here, feel free to book an appointment with our Estate Manager, Matt Vassallo, who will be happy to chat about any questions you may have.
Buying Land at The Patch
What is the process to purchase a lot?
Before purchasing land, you should firstly contact your bank to assess your financial position and what your borrowing power is. You need to also confirm if you are eligible for any benefits such as First Home Buyers schemes. This will allow you to make an informed decision when reviewing the land opportunities available within our estate and ensure you’re well-armed with information throughout the process. Once you have an understanding of your financial position and have consulted with our sales team to select your lot of your choice, they will present you with a contract of sale.
How does the settlement process work?
The settlement process will be facilitated by your conveyancer in conjunction with your broker or mortgage lender. Once the Titles Office has issued a title for your block we will give you 10 working days notice of your settlement date, which is the day you pay the balance owing on the land and the title is transferred to you. Much of this will happen behind the scenes and providing that you have finalised all of your mortgage documentation with your lender there should be little for you to do.
Am I able to sell my block if my circumstances change before settlement?
Your contract will specify whether a nomination is allowable on your block. Where allowed, nominations are typically limited to direct family members in case of inability to settle or a change to personal circumstances.
What other costs may be involved in purchasing land?
Some of the costs all buyers need to consider include:
– Community Infrastructure Levy: The City of Whittlesea requires purchasers to pay a one-off Community Infrastructure Levy before a building permit can be issued. You can find details for this on the council website.
– Conveyancing Fees: Purchasers should engage a conveyancer or legal representative to review any contract documentation before it is signed as well as manage the settlement process. Conveyancers’ fees will vary based on their services.
– Stamp Duty: Stamp duty is payable on property purchases for both land and established real estate. The State Revenue Office defines the amount of stamp duty payable on a purchase and has a range of calculators available.
Building at The Patch
What are design guidelines?
Design Guidelines are to be followed by your builder. They give requirements on the construction of your future home at The Patch. The reason The Patch enforces these guidelines is to ensure that build quality and street appeal is of a high standard. Good Design Guidelines will ensure your house is more liveable, and the presentation of your street and those around you will look great in years to come. Before you can commence construction on your home, your builder will need to submit your home design to our DAP (Design Assessment Panel) who will determine if your design meets the guidelines.
Can I build with any builder?
So long as your builder is registered, and their design meets our design guidelines approvals process, you can pick who you like to build on your land. It’s a good idea to get an indication from a builder you like if they will be able to build on your lot as each builder has different capabilities.
How are the restrictions regarding designs and garden design/maintenance enforced after the buyer moves in?
The Patch design team will conduct regular checks of the estate as homes are being completed to ensure compliance with the submitted and approved plans. Rectification notices will be issued where a breach occurs requiring the breach to be attended to within 30 days.
Who is Jinding?
At Jinding, we are committed to creating places that not only last the test of time but enhance our environment and the way we live. We do this by building residential destinations with the highest attention to detail, working collaboratively with our partners to deliver on our promises and lead the industry in the way we do it.
We work as both a developer and a development service provider, but always with a single minded commitment – to build a lasting legacy. Our portfolio features a residential pipeline of land lots, townhomes, and apartment dwellings worth over $1.5 billion across Victoria and Queensland. We currently have three trading communities and a further 4,000 homes in planning.