PAVE YOUR OWN WAY TO HOMEOWNERSHIP
At Coronation, we believe in doing things your Own Way. We understand the importance of flexibility in creating your own future, and that owning a home should be no different – simple and on your own terms.
We know how tough saving for a home deposit can be in today’s climate. As property prices continue to climb, Coronation is dedicated to helping aspiring homebuyers take a step up the competitive property ladder, by providing an alternative avenue for entering the market.
That’s why we created the 1% Own Way Scheme – a flexible deposit payment plan that allows you to secure a property today without needing to pay the standard 10% deposit upfront.
1% down.
2 months to breathe.
Then 1% per month until the rest of the 10% deposit is paid*.
Do it your own way.
here's how it works
STEP 1
Pay a 1% Deposit to Secure Your Home
To lock in your own brand-new apartment, you will need to pay the first instalment equivalent to 1% of the listed property price when entering into the contract. To break it down, our 1 bedroom apartments start from $491,000, so you only need $4,910* to secure the apartment of your choice.
STEP 2
Pay Your Deposit in Instalments Over 12 Months
Following your initial deposit, the remaining balance can be paid over nine monthly instalments (each equivalent to 1% of the total deposit price) until the balance of the 10% deposit has been paid
STEP 3
Need to Take a Break? Life happens, We Get It
As a family-owned developer, we understand that life happens. That’s why after securing a home with us, we’ll give you a two-month break between payments to use any time throughout your 12 month payment period.
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WANT TO LEARN MORE?
Complete the form below and one of our property specialists will be in touch with more information