Terms and Conditions
Correct as of 4 November 2026
Promotion Name: “Playford Alive Exclusive 20-Month Price Lock”
Promoter/Builder: La Vida Australia Pty Ltd (ABN 36 645 789 993), trading as La Vida Homes SA (BLD 324482), of 19-21 Beulah Road, Norwood, SA 5067, referred to as “La Vida Homes”.
1. Eligibility
1.1. This promotion (“Offer”) is exclusively available to customers who have been allocated a residential allotment within the Playford Alive estate in South Australia as at the commencement date of the Promotional Period.
1.2. Proof of land allocation within the Playford Alive estate may be required to verify eligibility.
1.3. The Offer is limited to one eligible building contract per qualifying allotment.
2. Promotional Period
2.1. The Offer commences on 4 November 2026 and ends at 11:59pm (ACDT) on 31 December 2026 (“Promotional Period”), unless the allocation of twenty eligible customers is exhausted earlier.
3. Limited Availability
3.1. The Offer is limited to the first twenty eligible customers who sign a Preparation of Plans Agreement (PPA) or pay the required deposit to La Vida Homes during the Promotional Period.
3.2. Eligibility will be determined by the date and time the Preparation of Plans Agreement (PPA) is signed by all required parties or the required deposit is received by La Vida Homes, whichever occurs first, subject to acceptance by La Vida Homes.
4. Offer Benefit
4.1. Eligible customers will receive a 20-month price lock on the prices quoted for services and materials in their building contract, commencing from the date the Preparation of Plans Agreement (PPA) is signed by all required parties or the required deposit is received by La Vida Homes, whichever occurs first, and continuing until Authority to Commence Construction (ACC) is achieved, provided this occurs within twenty calendar months, subject to these Terms & Conditions.
4.2. The price lock applies for a maximum period of twenty calendar months from the commencement date specified in clause 4.1, subject to the conditions outlined below.
4.3. If Authority to Commence Construction (ACC) is not achieved within twenty calendar months from the commencement date specified in clause 4.1, due to circumstances outside La Vida Homes’ control, a price adjustment may apply.
4.4. Where clause 4.3 applies, La Vida Homes may issue a notice adjusting the contract price by 0.5% of the total contract value, including approved variations, for each month or part thereof between the expiry of the 20-month price lock period and the revised forecast ACC date. The adjustment will be calculated based on the revised forecast ACC date and applied to the building contract as a variation. If ACC is not achieved by that revised forecast date, further adjustments may apply on the same basis for each additional month or part thereof until ACC is achieved.
4.5. For the purpose of this Offer, Authority to Commence Construction (ACC) means the point at which La Vida Homes has confirmed that all requirements necessary to authorise commencement of construction have been satisfied, including, where applicable:
- Land is registered.
- Land is settled.
- All required permits and approvals have been received.
- Finance has been approved.
- The required deposit has been paid.
- Site access has been granted.
- The site has been cleared and is ready for construction.
- Developer approval has been obtained.
4.6. The Offer provides a price lock for the specified period only and does not guarantee that Authority to Commence Construction (ACC) will be achieved within twenty months or that construction will commence or be completed within any particular timeframe.
5. Retail Builds Only
5.1. The Offer applies exclusively to retail residential building contracts entered into directly with La Vida Homes.
5.2. Investor builds, investment partner arrangements and contracts entered into through La Vida Invest (LVI) or other investor partners are expressly excluded.
6. No Additional Discounts
6.1. No further discounts, promotional incentives, special offers or additional price reductions may be applied to building contracts entered into under this Offer.
7. Standard Terms & Conditions
7.1. All other standard Terms & Conditions, inclusions, exclusions, allowances and qualifications contained in La Vida Homes’ quotations and building contracts continue to apply.
7.2. For eligible customers, the 20-month price lock replaces La Vida Homes SA’s standard 12-Month Price Lock Guarantee. The applicable price adjustment provision in the sales quotation and building contract will reflect the 20-month period and the agreed rate of 0.5% per month, or part thereof.
7.3. All other contractual terms remain unchanged, except where expressly modified by these promotional Terms & Conditions.
8. Variations and Additional Costs
8.1. The 20-month price lock applies to the original contracted build price, subject to the exclusions and adjustments expressly permitted under these Terms & Conditions and the applicable building contract.
8.2. Customer-requested variations, upgrades, additional works and costs not included in the original contracted build price are excluded from the price lock and may result in additional charges.
8.3. Any price adjustment following expiry of the 20-month period will be subject to the conditions outlined in clauses 4.3 and 4.4 and the applicable building contract.
9. General Conditions
9.1. The Offer is not transferable, redeemable for cash or available retrospectively to PPAs or building contracts entered into before the Promotional Period.
9.2. La Vida Homes reserves the right to request reasonable documentation to verify eligibility and decline applications that do not meet these Terms & Conditions.
9.3. Participation in the Offer does not guarantee acceptance of a building contract, finance approval, development approval or a particular construction commencement or completion date.
10. Consumer Rights
10.1. Nothing in these Terms & Conditions excludes, restricts or modifies any rights or remedies available under the Australian Consumer Law or other applicable legislation.