Why First Home Buyers Choose 1881 Tullimbar
1881 Tullimbar is a master‑planned community in the Illawarra, offering:
- New residential land and house & land packages
- A family‑friendly environment close to schools and amenities
- Flexible lot sizes suitable for first home buyers and upgraders
- The ability to build brand‑new homes, unlocking government incentives
Buying new at 1881 Tullimbar means lower upfront costs, modern living, and long‑term value.
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Stamp Duty Savings (First Home Buyers Assistance Scheme)
Eligible first home buyers may receive:
- Zero stamp duty on homes up to $800,000
- Reduced stamp duty on homes up to $1,000,000
- Reduced stamp duty on eligible land purchases
This can save tens of thousands of dollars upfront, helping you get into your home sooner.
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$10,000 First Home Owner Grant (FHOG – New Homes)
If you build a brand‑new home, you may be eligible for:
- A $10,000 grant paid at construction
- Applicable to new homes and eligible house & land packages
This grant is designed to encourage buyers to build new — making estates like 1881 Tullimbar an ideal choice.
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Buy with Just a 5% Deposit (No Lenders Mortgage Insurance)
Under the 5% Deposit Scheme, eligible buyers can:
- Purchase with as little as 5% deposit
- Avoid paying Lenders Mortgage Insurance (LMI)
- Access broad price caps suitable for Illawarra buyers
This scheme is popular with first home buyers purchasing both land and house & land packages.
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Help to Buy – Lower Your Mortgage Repayments
For eligible buyers, the Help to Buy Scheme allows:
- Government contribution of up to 40% for new homes
- A much smaller mortgage and lower monthly repayments
- Access to higher‑quality homes sooner, rather than waiting years to upgrade
For example: A $1.2m new home could feel like a mortgage closer to $720,000, thanks to government equity support.
Why Buying New Makes Sense
When you buy or build new at 1881 Tullimbar, you benefit from:
- Modern building standards and energy efficiency
- Lower maintenance costs
- Access to grants and incentives not available for established homes
- The chance to personalise your home
New homes are not just easier to buy — they’re easier to live in.