1. 3% deposit (balance of) at contract signing
2. 10% at base stage completion
3. 15% at frame stage completion
4. 35% at lock up completion
5. 25% at fixing stage completion
6. 12% at settlement
After almost 8 years of following the property market, watching land prices, going to auctions... we took the plunge and purchased a block of land Melbourne's outer north east, and built our very first home!