Off the Plan Apartments prices in Baulkham Hills
This page sets no price: no NSW Government page we read states what an apartment costs, and a figure from a sales page would be the seller's number, not an official one. It lists the NSW lines on off the plan contracts, each linked to its source, and says what the pages say about deposits.
Call (02) 9072 0403Off the plan rules check for NSW
What the NSW Government and the NSW Office of the Registrar General say about buying a residential lot off the plan, each line with the page it comes from and the date it was read. It lists the pages' own statements; it is not legal advice and reaches no conclusion about any contract.
| Rule | Applies to | Source |
|---|---|---|
| The NSW Government's page says off the plan buyers have a 10 business day cooling off period, longer than the usual 5 business days for an already constructed home. It says purchasers can decide to pull out of the contract during the cooling off period and will forfeit part of the purchase price for doing so, an amount its page states. The Registrar General's item of 11 October 2019 says the laws extended the cooling off period for off-the-plan contracts to 10 business days from 5, and did not change it for contracts relating to established homes.About cooling off period | an off the plan contract for a residential lot | NSW Government: Buying property off the plan · read NSW Government, Office of the Registrar General: New requirements for off-the-plan contracts from 1 December 2019 · read |
| The NSW Government's page says the cooling off period can be waived or shortened, but only if the purchaser's lawyer or conveyancer provides a certificate required by legislation and explains the contract and the consequences of varying the cooling off period.About cooling off period | an off the plan contract where the cooling off period is waived or shortened | NSW Government: Buying property off the plan · read |
| The NSW Government's page says off the plan contracts commonly include a sunset clause, a provision requiring the plan to be registered or an occupation certificate issued by a set date, otherwise either party can rescind the contract. It says developers need a buyer's consent before they end a contract using a sunset clause, and otherwise need to apply to the NSW Supreme Court to justify termination. The Registrar General's item of 11 October 2019 says laws introduced in 2015 prevent developers from using sunset clauses to end contracts without an order from the Supreme Court unless the purchaser agrees.About sunset clause | an off the plan contract with a sunset clause | NSW Government: Buying property off the plan · read NSW Government, Office of the Registrar General: New requirements for off-the-plan contracts from 1 December 2019 · read |
| The NSW Government's page says off the plan contracts can include other provisions that allow the developer to end the contract, but these are not 'sunset clauses', and that each contract is different. The Registrar General's item of 11 October 2019 says the laws extend the definition of a sunset clause to capture other events that trigger termination, like the issue of an occupation certificate. Neither page says how any one contract's clause is classed, and neither does this site.About sunset clause | an off the plan contract with a clause that lets the developer end it | NSW Government: Buying property off the plan · read NSW Government, Office of the Registrar General: New requirements for off-the-plan contracts from 1 December 2019 · read |
| The NSW Government's page says vendors who sell property off the plan need to give purchasers more information than when selling an already constructed home, and must attach a disclosure statement to the contract that outlines key information, like sunset dates and other conditional events, with draft documents like a plan, proposed schedule of finishes and draft by-laws. The Registrar General's item of 11 October 2019 says purchasers can rescind the contract within 14 days of exchange if the Disclosure Statement, draft plan or relevant prescribed documents are not attached before it is signed, and defines an off-the-plan contract as a contract for the sale of a residential lot that has not been created when the contract is entered into.About disclosure statement | an off the plan contract for a residential lot | NSW Government: Buying property off the plan · read NSW Government, Office of the Registrar General: New requirements for off-the-plan contracts from 1 December 2019 · read |
| The NSW Government's page says vendors must notify purchasers of changes that make what was first disclosed inaccurate in a 'material particular', meaning changes that will adversely affect the use or enjoyment of the lot being purchased. It says that in some cases, where purchasers are materially prejudiced by such a change, they can pull out of the contract and get the deposit back, or settle and claim compensation for the change, which it says is capped, and that a purchaser has only 14 days from being notified of a change to take action. The page tells a purchaser to discuss any change with their lawyer or conveyancer right away.About disclosure statement | a change to what an off the plan contract first disclosed | NSW Government: Buying property off the plan · read |
| The NSW Government's page says purchasers also need to be given a copy of the registered plan at least 21 days before settlement.About disclosure statement | an off the plan contract before settlement | NSW Government: Buying property off the plan · read |
| The NSW Government's page says the stakeholder (the real estate agent, solicitor or developer) must hold the deposit monies and any instalments paid under an off the plan contract in a trust or controlled money account during the contract period, and that the money cannot be released to the vendor before settlement. The Registrar General's item of 11 October 2019 says the same from 1 December 2019 and that the requirement will ensure deposit and instalment money is protected in the event of the developer's insolvency.About deposit | a deposit or instalment paid under an off the plan contract | NSW Government: Buying property off the plan · read NSW Government, Office of the Registrar General: New requirements for off-the-plan contracts from 1 December 2019 · read |
| The NSW Government's page says an expression of interest payment will not secure the property for you and signals your 'interest' only, and that there is no binding contract until signed contracts have been formally 'exchanged', even if the developer has accepted an offer.About deposit | an expression of interest before contracts are exchanged | NSW Government: Buying property off the plan · read |
| The NSW Government's page warns that when you buy off the plan, the end product may not only differ from what you expected but also be worth less than you have paid by the time it is finished, and that the project and settlement of the contract may be completed much later than expected. It says the date for completing the contract is not until the building is finished and the plan is registered. It says prices are locked in at the date you exchange contracts, that changes to the building plans often occur during construction, and that the finished complex or unit may not be the same as in the original plan.About off the plan apartments | any off the plan purchase | NSW Government: Buying property off the plan · read |
| The NSW Government's page says you must review the contract and get legal advice to understand exactly what you are buying, and advice on your rights if things do not go as expected. Among the questions it lists for a conveyancer or legal representative are: can the developer extend sunset dates or the date for completion, and in what circumstances; what are my rights if construction is delayed or the design is altered; and if the building is finished earlier or later than expected, can I still arrange finance.About off the plan apartments | before signing any off the plan contract | NSW Government: Buying property off the plan · read |
| The NSW Government's page says the Home Building Compensation scheme covers new houses and multi-unit residential buildings up to 3 storeys high, and that there is no cover for multi-unit buildings that are more than 3 storeys high.About apartment building cover | an apartment building, by its height in storeys | NSW Government: Buying property off the plan · read |
| The NSW Government's page says the Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 grants powers to the NSW Building Commission to investigate serious defects in multi-storey residential apartment buildings (class 2), and that where you cannot resolve a serious building defect with the builder or developer, you notify Building Commission NSW.About apartment building cover | a serious defect in a multi-storey apartment building | NSW Government: Buying property off the plan · read |
| The NSW Government's page says agents and developers must not mislead or deceive any parties during a negotiation or transaction.About deposit | an off the plan negotiation or transaction | NSW Government: Buying property off the plan · read |
This lists each source's own lines as read; it is not legal advice, and it sets no price.
What the pages say about money
The NSW Government's page says the deposit must be held in a trust or controlled money account until settlement, that prices are locked in at the date you exchange contracts, and that a purchaser who pulls out in the cooling off period forfeits part of the purchase price, an amount its page states. It gives no deposit amount, and neither do we.
What the pages say to settle first
The NSW Government's page lists questions for a conveyancer or legal representative: can the developer extend sunset dates or the date for completion, what are my rights if construction is delayed or the design is altered, and can I still arrange finance if the building is finished earlier or later than expected. The rules check above lists each NSW line with its source and read date.
Costs and fees by service
- Off the Plan Apartments
- The Cooling Off Period on an Off the Plan Contract
- Sunset Clauses
- The Disclosure Statement and Changes to What Was Disclosed
- Deposits and Expressions of Interest
- Apartment Building Cover and Defects
No price is shown for any page on this site, and this site sets none. The rules check states no percentage and no price for anything we or a provider offer.
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Last reviewed · Updated · First published