Coposit is revolutionizing property ownership in Australia by offering a flexible deposit payment system, allowing buyers to secure off-the-plan properties with an initial deposit as low as $10,000. This is followed by manageable, interest-free weekly payments throughout the construction phase, removing traditional financial barriers and making homeownership more accessible without the need for a large upfront deposit.
At The Residences at Wahroonga Estate we have integrated Coposit’s payment solution, to allow buyers to gradually build their deposit without paying interest, making high-quality living more attainable.
How Coposit Enhances Accessibility at The Residences at Wahroonga Estate:
- Affordable Initial Deposit: Prospective buyers can secure a residence at Wahroonga Estate with an initial deposit of just $10,000, significantly lowering the entry barrier.
- Flexible Payment Structure: After the initial deposit, buyers make weekly, interest-free payments during the construction period. For example, a 2 bedroom apartment priced at $970,000 can be secured with $10,000 upfront and subsequent weekly payments of $821 over 106 weeks.
- Price Lock-In: By securing a property with Coposit, buyers lock in today’s price, protecting themselves from inflation, and rising property values during the construction phase.
- Financial Planning Support: Coposit’s qualification process assesses buyers’ weekly payment capabilities and future mortgage capacities, ensuring a tailored and manageable payment plan.
The partnership between Coposit and Capital Corporation has been met with strong buyer demand, with 25% of buyers at Wahroonga Estate utilising Coposit to secure their dream home.
Get in touch with us to learn how you can too!
