Buy the property.
Keep the cash.
Secure your off-the-plan purchase without locking up a 10% deposit for years. Your capital stays working until settlement.
Secure property without tying up cash
When buying off-the-plan, buyers are often required to pay a 10% deposit years before their property is completed. Prime Bonds offers a simpler alternative — use a deposit bond to secure the property while keeping your money available until settlement.
What is a deposit bond?
A deposit bond is a guarantee used in place of a traditional cash deposit. It allows you to exchange contracts and secure your property today, while paying the full purchase price when your property settles.
No cash deposit is paid upfront.
Prime Bonds deposit bonds are
- Issued by an established Australian provider
- Backed by institutional insurers
- Accepted by developers, solicitors and conveyancers
A well-established solution used across thousands of off-the-plan property purchases.
Keeping your money working
It's not about affordability. It's about timing, flexibility and control.
Cash deposit
Money is locked away for years, unable to work for you.
Deposit bond
Pay a one-off fee. Keep cash in savings, offset, or investments.
Why buyers use Prime Bonds
Keep your capital working
How it works
From property selection to settlement — a straightforward four-step journey.
Choose Property
Identify your off-the-plan property and confirm you need a deposit bond in lieu of a cash deposit.
Assessment
We assess your eligibility based on property equity, savings, investments, or guarantor support.
Bond Issued
Your deposit bond is issued — typically within 24 hours of receiving required documentation.
Exchange & Settle
You exchange contracts secured by the bond, then pay the full purchase price at settlement.
Indicative scenarios
Indicative only. Based on an approximate 3% p.a. bond rate.
Long-term Bond
24 months
Short-term Bond
Up to 6 months
Long-term Bond
48 months
Common questions
What is a deposit bond?
A deposit bond is a financial guarantee issued by an insurer that replaces the cash deposit normally required when buying property. It allows you to secure a property without paying the deposit upfront; the full purchase price is then paid at settlement.
Is a deposit bond the same as a loan?
No. A deposit bond is not a loan and does not accrue interest. It is a one-off fee for a guarantee. It does not impact your borrowing capacity for a home loan, as your funds remain available until settlement.
Who issues them and are they accepted?
Bonds are issued by authorised insurers and are widely accepted by developers, vendors, solicitors, and conveyancers across Australia, particularly for off-the-plan purchases.
Who can apply and what support is needed?
Suitable for buyers with assets or equity — investors, upsizers, and off-the-plan buyers who want to keep capital working. Eligibility is assessed on property equity, cash savings, investments, superannuation, or guarantor support.
How long does approval take?
Once documents are provided, approval typically takes 24 hours. Bonds can be short-term or long-term (multiple years). If settlement occurs early, the bond expires. If it fails and the vendor is entitled to the deposit, the insurer pays the vendor and seeks recovery from you.
Why use Prime Bonds and what is the cost?
Prime Bonds works directly with developers for faster approvals and seamless coordination. There is a one-off fee based on the bond amount and term, with no ongoing interest. Contact us for an initial assessment if you're unsure.
Secure your purchase
with confidence
To see if a deposit bond is suitable for your purchase, speak with the Prime Bonds team directly.