A deposit guarantee can help you buy
Commonwealth Bank has a deposit guarantee service that aims to be a convenient and cost effective alternative to a cash deposit.
If your money is tied up or you're waiting to sell your existing property, a Deposit Guarantee can help.
Short term Deposit Guarantees are available for up to 6 months. These are useful if you don't have a deposit for a property won at an auction.
Long term Deposit Guarantees are available for 6 to 48 months and are good for purchasing “off the plan”.