Terms and Conditions
August 2026
Woodridge Cottages Stage 1 – First Home Buyer Stamp Duty Rebate
1. This promotion is conducted by Sovereign Hills Sales Pty Ltd ABN 42 001 110 345 (“the Promoter”) on behalf of Sovereign Hills, 15 Chancellors Drive, Port Macquarie NSW 2444.
2. The promotion offers a stamp duty rebate equivalent to the purchaser’s applicable stamp duty amount, up to a maximum of $10,000 (see clause 8), and applies to 300m² and 360m² lots purchased in Woodridge Cottages’ Stage 1.
3. This promotion opens on Tuesday 18 August 2026 at 9:00am AEST and closes when Woodridge Cottages Stage 1 land registers, anticipated in Q2 2027. Purchases made outside this period are not eligible.
To qualify, the buyer must satisfy all of the following conditions:
i) Exchange contracts within 30 days of the purchaser’s receipt of the contract of sale from the Promoter;
ii) Complete settlement within 21 days of notice of registration of the land.
Where a settlement deadline under (ii) is not met due to a delay caused by the Promoter (including registration delays outside the purchaser’s control), the purchaser’s eligibility for the rebate will not be affected, provided the purchaser otherwise complies with these terms.
4. Eligibility Criteria
To qualify for this rebate, the purchaser(s) must:
a) Be a “first home buyer”, meaning the purchaser(s) must not have previously owned or co-owned residential property in Australia.
b) Be a natural person. This rebate is not available where the purchaser is a company, trust, or other corporate entity.
c) be eligible under the First Home Buyers Assistance Scheme
d) provide a copy of their Duties Assessment Notice (DAN) confirming eligibility under the First Home Buyer’s Assistance Scheme.
e) The rebate will be applied as a deduction on the settlement amount at settlement.
d) Where the purchase involves more than one purchaser, ensure that all purchasers independently satisfy the eligibility criteria in this clause 4.
The Promoter reserves the right to request additional supporting documentation to verify eligibility, and to refuse or withdraw the rebate at any time — including after exchange or settlement — if it reasonably believes a purchaser does not meet these eligibility criteria. Where the rebate has already been applied, the rebate amount becomes repayable by the purchaser to the Promoter on demand.
5. This promotion applies to single dwellings only and is not valid for multi-residential properties, duplexes, house and granny flat combinations, or dual living arrangements.
6. This promotion applies to unregistered land only.
7. The rebate is not transferable, exchangeable, or redeemable for cash. It cannot be transferred to any other party, including subsequent property owners.
8. The rebate will be calculated based on the purchaser’s applicable stamp duty liability and will be deducted from the purchaser’s final payment at settlement of the land, up to a maximum rebate amount of $10,000. No cash payment, voucher, or alternative benefit will be provided in lieu of this rebate.
9. The Promoter is not liable for any damage or loss whatsoever which is suffered (including but not limited to indirect or consequential loss) or for personal injury suffered or sustained in connection with this promotion, except for any liability which cannot be excluded by law.
10. Any disputes regarding this promotion will be resolved at the Promoter’s sole discretion.
11. This promotion complies with the Australian Consumer Law and any relevant state/territory regulations.
12. The Promoter reserves the right to amend, suspend, or terminate this promotion at any time without prior notice, provided such changes do not disadvantage purchasers who have already exchanged contracts in reliance on this promotion prior to the change.
13. The Promoter recommends that all purchasers seek independent legal, financial, and taxation advice regarding their individual eligibility for this rebate and their broader stamp duty position prior to exchanging contracts.
14. Any personal information collected for the purposes of administering this promotion (including statutory declarations and supporting documentation) will be collected, used, and stored in accordance with the Promoter’s Privacy Policy and the Privacy Act 1988 (Cth).
15. This promotion and these terms and conditions are governed by the laws of New South Wales, and the parties submit to the exclusive jurisdiction of the courts of that State.
16. The Promoter is Sovereign Hills Sales Pty Ltd, 15 Chancellors Drive, Port Macquarie NSW 2444. ABN: 42 001 110 345. Telephone: 02 6581 1711.
