How do I GET INVOLVED?
At this point in the process we are not taking new applications, however in the future there may be vacancies. The best first step is to email us with an EOI.
This starts a process where we will add you to a list of interested people. If a unit becomes available we will let registered candidates know.
For now we recommend that you follow us on Instagram or Facebook.
WHAT TOWN HOUSES ARE STILL AVAILABLE?
We currently do not have any homes available.
HOW DO I PURCHASE A TOWNHOUSE WHEN ONE BECOMES AVAILABLE?
Register your interest. Have a look through our website, if you are interested in joining our Cohousing community, the next step is to register your interest.
This will go to Tim Riley at Property Collectives, our development manager. He will send you an application form to become a member. He will also send a financial assessment so we can advise you if you are financially able to participate in the project.
“Can I afford this?” When we receive your registration of interest, we will help you to find out if our project is affordable for you. We do this through a Financial Assessment form (not seen by community members).
In a self funded build, we fund the first 30% of costs through our own equity, so it is different to a normal house purchase (but so much better..).
Participate. You will want to know more about the people in the community and how we work together.
We do this by offering a ‘membership’ to our community. This costs $500 and is fully refundable if you do not choose to join our Joint Venture.
Members have full access to our database, they are invited to our Zoom meetings and to our Discord server.
Purchase your Townhouse. If you find that the community and our build are a great fit for you, the next step is to apply to join the community as a Joint Venturer (JVer).
This secures you right to a townhouse of your preferred size and gives you full voting rights in project decisions and the right to fully participate in community development and activity.
You will be requested to make your first equity payment, with the final payment required by first quarter 2025.
Your Home is Built
Once the build is complete you purchase your home from the joint venture by paying your share of the project cost less the equity you have already contributed. Often this final payment is via a bank mortgage. You now own your own home and individual title, as well as your share of the community land and shared facilities.
Move In!
You can now move in. The journey of development is over, but the journey of cohousing is only just beginning.
You can proceed through these steps at your own pace and we are happy to support you throughout to better understand the project and the community. We are recruiting for the balance of new community members now.