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Are you interested in being part of the thriving Octave community? Contact us at 0405 103 638, or fill out the form below, and our friendly team will be in touch. If you have a question about your future home, call Jinding Customer Relations on (03) 8593 9529.

Benefits on the horizon for Home Buyers!

The past month has delivered great news for all home buyers making it the perfect time to find your dream home at Octave.


A First Home Buyer Scheme backed by Labour and the National-Liberal Coalition pledging A$500 million towards first home buyer deposits


    • The proposed scheme means that first home buyers only need to save 5% deposit vs 20% deposit required by the banks, making it easier to enter the market to purchase your first home.
    • To be eligible for the scheme you will be a single earning under A$126,000 a year or a couple earning under A$200,000 a year.

Read more about the First Home Buyer Scheme from ABC News here


APRA (Australian Prudential Regulation Authority) recommends lowering the minimum interest serviceability buffer from 7% to a level determined by banks and other lenders


  • This means your capacity to repay will be assessed on a lower interest rate hurdle
  • The could result in your borrowing capacity being higher

Read more about these proposed lending changes from here


Interest rates have been cut the Reserve Bank cut the rate to a new record low of 1.25 per cent


  • Buyers will pay less interest on their loans which could save hundreds of dollars a year
  • The rate cut has been passed on in full by some banks already

Read more about the cuts to the cash rate from ABC News here


Thinking of taking advantage of these recent developments?

See what’s available at Octave

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Live next to the Royal Botanic Gardens in Cranbourne

Build your dream home at Octave next to established retail, commercial, outdoor and sporting amenities in Cranbourne and Clyde.

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