31/07/2026
Masoud found the off-the-plan apartment he wanted on the Gold Coast. Then he read the contract.
The sunset date gave the developer until 2032, potentially five and a half years before settlement. Waiting for the build didn't bother him. Handing over a $120,000 cash deposit to sit in a trust account until then did.
So he used a deposit bond instead.
✔ Secured the apartment without paying a cash deposit
✔ No shares sold, no CGT triggered
✔ His $120,000 stayed his earning, offsetting, accessible
✔ Approved for a 66-month bond within 48 hours
A deposit bond is a guarantee to the vendor, not a loan. There's nothing to repay the deposit is simply paid as part of the purchase price at settlement.
Buying off the plan? Send us your purchase price and sunset date and we'll come back with a term that fits the contract. Link in comments 👇
