Regional (excluding Mildura) Low Deposit Promotion
Terms & Conditions

1. Promotion Period

This promotion is available for as long as the Australian Government's 5% deposit home loan scheme (or its applicable successor scheme) and Help To Buy scheme remains open, available, and able to be applied for by eligible customers ("Promotion Period"). JG King Homes reserves the right to withdraw or terminate this promotion at any time, including but not limited to where the 5% deposit scheme is withdrawn, amended, fully allocated, or otherwise ceases to be available, without notice.

 

2. Eligibility

This promotion applies exclusively to:

2.1 Regional Victoria 

Customers purchasing a home and/or land where the land is located within Regional Victoria area, as defined by JG King Homes. Promotion excludes Mildura region. Customers should confirm with their New Home Advisor (NHA) whether their specific location falls within the eligible area prior to paying the Initial Payment. JG King Homes' determination of what constitutes "Regional Victoria" for the purposes of this promotion is final.

2.2 All JG King Home Designs

All current JG King home designs across all collections are eligible under this promotion, including single storey, double storey, and small lot designs. Where a customer selects a facade upgrade, structural change, or non-standard inclusion, standard JG King pricing and conditions apply to that item in addition to, and independently of, this promotion.

2.3 Government Low Deposit Scheme Eligibility

Any customer who is eligible for, and approved under, an applicable Australian Government low deposit home loan scheme (or equivalent reduced-deposit finance product) ("Government Low Deposit Scheme"), including investors and customers with reduced finance requirements, provided they meet the scheme's own eligibility criteria. This includes, but is not limited to:

2.3.1 The Federal Government’s 5% Deposit Scheme (for eligible first home buyers);

2.3.2 The Federal Government’s Help to Buy Scheme;

2.3.3 Any State or Federal shared equity, guarantor, or reduced-deposit scheme; and


2.3.4 Any lender-specific low deposit finance product that achieves an equivalent outcome for the customer, subject to JG King Homes' discretion as to whether such a product qualifies as an "equivalent reduced-deposit finance product" for the purposes of this promotion.

Evidence of eligibility and/or formal approval (or conditional approval) under the Government Low Deposit Scheme must be provided to JG King Homes prior to, or at the time of, paying the Initial Payment. JG King Homes reserves the right to request further evidence of ongoing eligibility at any point prior to contract signing. Where a customer's eligibility or approval is subsequently declined, withdrawn, or lapses, clause 3.3 applies.

2.4 Titled Land Only

This promotion applies only where the land component has already been registered (titled) at the time the Initial Payment is made. Untitled, off-the-plan, or land yet to register is not eligible under this promotion.

Customers must satisfy all eligibility criteria above and pay the Initial Payment by the end of the Promotion Period.

 

3. Deposit Structure

3.1 Eligible customers pay an initial deposit of $2,000 ("Initial Deposit") to secure their position under this promotion.

3.2 A further payment of $5,000 is payable at the time of signing the building contract ("Contract Payment"), in addition to the Initial Deposit, bringing the total payable by contract signing to $7,000.

3.3 This reduced deposit structure is made available strictly on the basis of the customer's eligibility under the Government Low Deposit Scheme. If a customer's eligibility or approval under the Government Low Deposit Scheme is not obtained, is withdrawn, or lapses, JG King Homes reserves the right to withdraw the reduced deposit structure and revert to standard deposit terms.

 

4. Withdrawal and Variation

JG King Homes reserves the right to withdraw, extend, or alter this promotion, including these Terms and Conditions, at any time and without notice.

 

5. Marketing Materials and Images

Whilst every endeavour has been made to ensure the accuracy of information provided in all marketing materials, all images are for illustration purposes only. Images used in connection with this promotion may depict upgraded items not offered in this promotion and may include fixtures, finishes, or features not supplied by JG King Homes.

 

6. 8 Star NatHERS Energy Rating

All standard JG King Homes house designs within the Eligible Designs are constructed to achieve an 8-star NatHERS performance rating at no additional cost, provided the home is optimally oriented. The decision as to optimal orientation shall be made by JG King Homes.

Any change to a standard design, including but not limited to floor plan choices and facade changes, may affect the NatHERS performance rating and may incur additional costs to achieve an 8-star rating.

Please speak with your New Home Advisor to confirm whether your home can achieve an 8-star NatHERS performance rating at no additional cost.

 

7. Promoter

JG King Pty Ltd | ABN 21 006 627 210 | Registered Building Practitioner CDB-U 49366 (VIC) JG King (NSW) Pty Ltd | Licence No. 385938C (NSW)