No Stamp Duty. No Deposit. Own Property Smarter.
Platypus Impact Housing Australia (PIHA) helps eligible buyers and downsizers overcome the biggest barriers to property ownership — stamp duty and deposits — through a structured, ATO-aligned charity program.
Stamp Duty Relief
Downsizers 55+
No Stamp Duty on Completed Apartments
Eligible downsizers (55+) save a minimum of $62,000 in stamp duty on completed Footscray apartments at 66-68 Pickett St. Qualifying buyers receive full stamp duty relief under a PIHA-backed, ATO-aligned program. This is a structured policy — not a discount, rebate, or marketing gimmick.
For most downsizers, stamp duty — not price — is the real obstacle. Removing it:
Improves Affordability
Without cutting the headline price
Preserves Vendor Value
No discounting required
Drives Commitment
Turns hesitation into action
How This Helps
"This apartment qualifies for full stamp duty relief for eligible downsizers." That's a real cash saving — not marketing fluff — and difficult for competing projects to replicate.
When stamp duty is removed, the downsizing equation works. Retirement balance sheets improve, buyers move faster, and decisions are made sooner — resulting in shorter time on market and fewer stalled negotiations.
Listing Copy
"Eligible downsizers may qualify for full stamp duty relief under a PIHA-backed, ATO-aligned program."
Inspections
Focus on net cost, not just sticker price.
Follow-Up Calls
"Once stamp duty is removed, the numbers usually change materially — happy to walk you through it."
Compliant & Defensible
Built to Withstand Scrutiny
The program is anchored to ATO downsizer rules (55+), limited to PIHA-aligned apartments, and protected by holding periods and clawback provisions. It stands up to scrutiny from buyers, solicitors, accountants, and family advisers.
The Agent Takeaway
This program expands your buyer pool, improves buyer quality, preserves pricing, and reduces settlement risk. It helps you sell apartments others struggle to move — without discounting.
The Small Print
If the property is sold within 7 years, the buyer must:
- List the property with a PIHA-approved agent
- Repay the stamp duty benefit to PIHA (in full or pro-rata, per the policy)
Deposit Support
PIHA Deposit Contribution — How It Works
Platypus Impact Housing Australia (PIHA) is an Australian registered charity that helps you overcome the biggest barrier to property ownership — the deposit. PIHA contributes up to 15% of the purchase price toward your deposit.
No Interest
Zero interest charged on the contribution — ever.
No Monthly Repayments
No ongoing payment obligations during the term.
No Impact on Borrowing
No reduction to your borrowing capacity or serviceability.
Growth Sharing
PIHA receives the same percentage of capital growth as its deposit contribution.
In return, PIHA receives the same percentage share of the property's capital growth when the arrangement ends. You must still qualify for a standard home loan with a mainstream lender for the remaining balance. You retain full legal ownership at all times — PIHA is not listed on the title.
Repayment
Repayment Terms & Flexibility
The contribution is simple and flexible. You can repay at any time, at your discretion. Repayment must occur within 10 years, or earlier if the property is sold or refinanced. No payments are required until repayment occurs. At repayment, PIHA receives its original contribution plus its agreed percentage share of capital growth based on the property's current market value.
Who This Suits
- Buyers with strong income but limited savings
- First home buyers wanting to enter the market sooner
- Investors wanting to preserve cash buffers
- Buyers wanting to avoid high-LVR lending
Is There a Catch?
No hidden fees. No interest. No forced repayments. The contribution must be repaid within ten years, and growth sharing applies. Used properly, it is a bridge — not a burden.
Worked Example
See the Numbers in Action
Purchase price: $1,000,000 · PIHA contribution: 10% ($100,000) · Buyer and lender fund: $900,000. No repayments to PIHA during ownership.
Scenario A — Sold After 6 Years
Sale price: $1,200,000
Buyer receives remaining sale proceeds after loan payout and PIHA repayment.
Scenario B — Refinance After 4 Years
Independent valuation: $1,150,000
The PIHA arrangement ends. Buyer continues with standard lender finance only.
Arco Residences
Footscray
Arco Residences — A Boutique Building,
Not a Volume Tower
Located at 66–68 Pickett Street, Footscray — one of Melbourne's fastest-transforming lifestyle, education, and hospital precincts. Designed by award-winning architect Ben Robertson of Tecture, Arco deliberately avoids the high-density investor model.
Oversized Residences
Three-bedroom apartments ranging approximately 118–147m²
Large Private Terraces
Real outdoor living spaces — not token balconies
Penthouse Residences
Rooftop spaces and garages for premium living
The philosophy was simple: create homes first, apartments second. The result is a tightly held, low-supply asset positioned toward long-term capital growth.
Medical Professionals
$0 Cash Entry for Doctors — A Capital Allocation Decision
Through a 95% no-LMI professional loan combined with a PIHA deposit contribution, medical professionals can acquire a $1.1M completed property using $0 cash or existing equity — available exclusively at Arco Residences.
Traditional Purchase
Purchase price: $1,100,000
- Deposit (5%): $55,000
- Buying costs: ~$63,000
- Total upfront: $118,000–$120,000
Capital immediately locked away.
PIHA Structure
Purchase price: $1,100,000
- 95% professional loan — no LMI
- PIHA provides deposit contribution
- Total upfront: $0
Savings and equity remain untouched.
$52K
Projected Rent
Up to $52K per annum
$32.7K
Year 1 Depreciation
Approximate depreciation benefit
~$230K
10-Year Depreciation
Estimated total over a decade
~11%
Growth Share
PIHA's share of future capital growth only
Instead of asking "Can I afford the deposit?" the question becomes "Where is my capital better used?" You are not buying differently — you are allocating capital more efficiently. Investors receive 100% of the rent and 100% of tax deductions including depreciation.
Get Started Today
PIHA provides a structured, transparent pathway to property ownership by replacing part of the upfront deposit requirement with a growth-sharing model. There are no interest charges, no hidden fees, and no forced repayments during the term. PIHA only participates in a share of future capital growth — aligning its outcome with the long-term performance of your property.
Call Nick Klappas
0434 190 184
Visit Arco Residences
66–68 Pickett St, Footscray
Arrange a Site Visit
See the completed apartments in person
Platypus Impact Housing Australia Limited — A Registered Charity
Copyright - Elite Wealth Creators Pty Ltd
ABN: 60 168 843 310
P: 0416 189 765