Frequently Asked Questions
Can I keep and rent out the home?
If you decide tot take the home then it’s your choice whatever you decide to do with the prize. You could move into the home or and rent it out for an estimated income $47,840 a year, or sell it for the market value.
Do I have to pay tax if I sell?
You can sell the home tax free at the prize value. If you sell at a higher rate than its value, then capital gains on the difference may apply. There may also be land tax implications but this is dependent on your personal circumstances. We advise the winner to contact a financial advisor for comprehensive tax advice relative to your personal circumstances.
If I win do I have to pay to travel to the home?
Both first prize include a $2,000 travel voucher. So you can even visit the home before deciding which option you would like to choose!
If I win the Loyal Supporter Draw do I have to visit Europe?
No. This is just where we'd love to travel to! The prize comes in the form of a Flight Centre voucher and gold bullion. It is completely up to you how you spend these items.
When was the townhouse built?
The home was built in 2017
What is the size of the home?
Do the homes have wheelchair access?
Unfortunately the townhouse is two-storey, with no wheelchair access to the second level.
Can I visit the home?
Unfortunately the townhouse will not be open for viewing.
Is there parking?
The house features a secure parking for 2 cars.
Can I have pets in the homes?
Yes, it's a house so if you win it's up to you!
What type of energy is connected?
There is electricity and gas connected.
Is there air conditioning?
Yes, there is air conditioning throughout the home.
Is the home fitted with a security system and intercom?
Yes, the house has security and intercom systems.
How much are the rates and water?
Included in first prize is $5,000 gold bullion which will cover rates and water for the first 12 months.
Are legal fees covered for first prize?
Yes, legal transfer fees are paid for, valued at $1,375 as well as transfer duty, valued at $84,490.