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Construction has commenced at Auburn Square – making now the perfect time to make the most of the $25,000 HomeBuilder Grant while it’s still available

Market Insights
4 years ago
3 minutes

Ideally situated in the well-established and culturally-rich inner-suburb of Auburn, Auburn Square sits in the geographical heart of Sydney. Surrounded by a collection of beautiful parklands, prestigious schools, community facilities and delicious eateries – it’s clear to see why the development has experienced such immense success so far.

Auburn Square qualifies for the government’s incredible $25,000 HomeBuilder grant – which is due to expire this December. Now is the ideal time to secure one of the impeccably designed residences at Auburn Square and ensure you don’t miss out on this unprecedented grant.  

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Industry leaders LFD Developments has appointed Binah Group to build its $320 million Auburn Square project, which was announced following the incredibly successful sales launch – led by  CBRE. A major contributor to the impressive success so far is the unbeatable opportunity that Auburn Square presents for first home buyers, particularly off the back of the announcement in the latest budget regarding the First Home Loan Deposit Scheme. 

First home buyers could purchase their dream apartment at Auburn Square with as little as a 5 percent deposit – presenting an achievable and rare opportunity within such close proximity to the Sydney CBD. The First Home Loan Deposit Scheme has been extended to help an extra 10,000 people, whilst eligible properties have been increased from a $700,000 value cap in Sydney, to $950,000.

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CBRE Senior Sales Director Ben Stewart explains that he has seen first home buyers lead the purchasing charge at Auburn Square, thanks to these incentives and bolstered further by a low cash rate. 

“There’s never been a better time to secure a brand new apartment home in a thriving, established area that is being built by one of Sydney’s most trusted and highly regarded construction companies.” 

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“Located just 250m from the train station, minutes from Auburns’ famed Eat Street and with 2000sqm of green space and a communal podium garden on its rooftop, Auburn Square represents the height of convenience,” Mr Stewart added. 

“With the concern amongst buyers in recent years toward ill-faring new apartment builds including the Opal tower at Sydney Olympic Park, the requirement for a reputable, quality builder for any property they are considering has never been higher.” 

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Builders Binah construction are also excited by the amazing opportunity presented at Auburn Square, highlighting how enthusiastic they are to be involved with a ground-breaking project that has already been so well-received by the local community. 

“We, along with the developer, are committed to building real homes, for real people, with every last consideration made along the way. We are excited to start this journey with LFD Developments,” the Binah team explained. 

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“This is a family-first project, one that takes in culture, brilliant schools and an unmatched lifestyle. We are honoured to have been selected as construction partners,” they continued. 

Comprising 4000sqm of conveniently-located, ground floor retail space, featuring a medical centre and a major supermarket, the lifestyle on offer at Auburn Square is unsurpassed.  

For more information on how you could secure one of the thoughtfully designed residences at Auburn Square, click here.