BABICH RISE

The sections are sold by Set Date Sale. There are no fixed prices, but as a guide, pricing starts from $539,000 plus GST (if any).

No. The price is fixed in your agreement. The only exception is a minor adjustment if the final surveyed land area changes by more than 5% from the plan.

The settlement date is five working days after the new Record of Title for your section has been issued. For Stage 8, this is likely to be in the third or fourth quarter of 2026.

Yes, this is possible, but you must get the developer's prior written consent before you can on-sell or publicly advertise the section.

While we cannot provide a guaranteed valuation, we can look at recent sales of similar established homes in the immediate area for guidance. Based on REINZ data from the last two years, comparable properties have sold in the range of $1.39 million to $1.76 million.

It is generally expected that brand-new homes would command a premium over older, existing properties. Even in the current challenging market, similar homes are consistently selling for around $1.5 million. This data suggests a strong underlying value for properties in Babich Rise.

We recommend consulting with a registered valuer once your building plans are finalised to get a more precise estimate for your specific project.

To maintain a high standard of quality and protect your investment, all dwellings are subject to design approval. The official Sale and Purchase Agreement outlines this process in detail. Key points include:

• Design Approval: All plans, designs, and specifications for your proposed dwelling must be submitted to the development's Compliance Review Panel for approval before construction begins.
• Building Enhancement Covenant: Your design must comply with the rules set out in the Building Enhancement Covenant, which will be registered on your property's title. This document contains the specific requirements regarding materials, size, fencing, and construction timelines.
• Approval Process: The Compliance Review Panel will review your submission to ensure it meets the standards of the covenant. This process is designed to ensure all homes in Babich Rise contribute to a cohesive and high-quality neighbourhood.

For the complete and official rules, purchasers must refer to the Building Enhancement Covenant (Schedule 5) and the full process outlined in Clause 28 of the Sale and Purchase Agreement documentation.