5 Reasons Why Now Is The Best Time To Buy At Prospect 1838 • Glam Adelaide

5 Reasons Why Now Is The Best Time To Buy At Prospect 1838

For anyone who had been looking for a new home or perhaps thinking about getting back to basics by investing i brick and mortar — there has never been a better time to do so.

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We’re not ignoring that life as we know it has changed — we’re simply trying to look at the silver linings.

They do exist, though they may be few and far between. You can now get many of your favourite local wines delivered. You have the opportunity to watch that Netflix show you never had enough time for.

Alongside that, for anyone who had been looking for a new home or perhaps thinking about getting back to basics by investing in brick and mortar — there has never been a better time to do so.

Why? Here are a few reasons:

1. Interest rates are the lowest in history.

Offering thousands in potential home loan savings, interest rates are at the lowest in history, as The Reserve Bank of Australia lowered the official cash rate by 25 basis points in March 2020.  

With Prospect 1838 apartments from just $365 per week and terrace homes from $475 per week – it’s a fantastic time to buy.

For more information, head here.

2. Continuing Government initiatives.

The Government continually announces initiatives, particularly during this time so it’s important to keep an eye out of ways you may be able to benefit.

In the meantime, the First Home Buyer grant of up to $15,000 can massively help the purchase and construction of your new home.

For more information, head here.

3. Prospect is Adelaide’s best performing suburb.

Over the past ten years, the suburb of Prospect has seen a median growth of 3.4% on average per year. What does that mean exactly? It means people want to live in Prospect.

And we understand why. Prospect has become a thriving hot spot full of great cafes and small boutiques, with everything you could need along the main strip. Not to mention how close to the city it is!

4. You can receive a $5,000 developer rebate on your deposits.

If you put down a deposit on a Prospect 1838 home before Easter, you’ll score a $5,000 developer rebate.

5. New apartments have just been released.

Brand new Easom Apartments have just been released, offering contemporary apartment living seconds from charming cafes, sprawling parks, Adelaide’s best schools, and convenient shopping.

This is a limited opportunity and one of these luxury one or two-bedroom apartments could be yours from $369k or just $365 per week.

Need more room? There are also three or four bedroom Terrace Homes available from $495k or just $475 per week.

Prospect 1838’s Terrace Display Home is open by appointment. While many are currently practicing social distancing and self-isolation, Prospect 1838 do have private and safe appointments on offer at their terrace display home, which is cleaned after every appointment.

You can find the display home at 299 Devonport Terrace, Prospect.

For more information, visit prospect1838.com.au or call 7228 0862.

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