Assemblecommunities.com Website Review

the as*emble model is a new, more accessible pathway to home ownership – bridging the gap between renting and owning your home. it’s our response to the very real challenge of housing affordability and quality in our much-loved city, melbourne. home buyers, not property investors, are at the heart of the as*emble model, to deliver projects where good design, community and the as*emble model is made possible by taking a socially conscious and patient approach to property development, through the support of capital partners whose annual returns are capped at roughly half that of the ‘off-the-plan’ approach. agree on the rent and purchase price of your home today, start saving during the build, then live in your home for five years before you before we start building you secure a 5-year lease with the opportunity to buy your home at the end of your lease, by paying a your home’s purchase price is agreed up front and is calculated as today's price with fixed 1.75% increases per year, until you buy it approximately 7 years later (i.e. 2 years of building and 5 years of leasing). this means you get a foothold in tomorrow’s housing market your rent is agreed up front at a market rate – no more than what you’d be paying around the corner – giving you stability while you once the build is complete, you move in (so start planning that housewarming)! a 5-year lease means you’ve got time – time to save, plan and get to know your home, your neighbours and your community, before you commit to buy. if work, life or love take you elsewhere, no problem. you have the ability to sublet your home for up to 2 years or exit the lease as usual after the first 12 months. if you decide to make a more permanent move, you can exit the lease or decide not to purchase at any time. the 3-month rental bond will be returned to you minus the cost of repairing any damage – just like an ordinary rental bond. after 5 years, of living ‘try-before-you-buy’ style, your space has become home and you decide to take the plunge to buy. the 3-month