OwnPlace

OwnPlace – New house and land packages for under $328,000

The OwnPlace program is an innovative project in response to the ACT Government’s Affordable Housing Action Plan.  The Land Development Agency and a select panel of builders have partnered together to provide affordable house and land packages priced under $328,000.

The threshold of affordable dwellings in new developments has been raised from 15 per cent to 20 per cent. To date, a total of 247 blocks have been released in the Estates of Franklin and Bonner to OwnPlace builders for affordable house and land packages.

The LDA, in conjunction with the builders on the OwnPlace panel ensure control over the design, quality and price of the affordable land packages in LDA estates.

The sale of OwnPlace house and land packages is restricted to those people who meet the eligibility criteria, as detailed in the Home Buyers Concession Scheme. For further information on this criteria, visit: http://www.revenue.act.gov.au/home_buyer_assistance/home_buyer_duty_concession

For more information regarding OwnPlace please visit www.lda.act.gov.au and click on the OwnPlace link or email ownplace@act.gov.au