23 October 2023
Whether you’re a first home buyer, investor, or a homeowner looking to upsize or downsize, you’ve probably asked yourself; should I build a home or buy established?
We’ve made it easy for you and provided the top 5 reasons buyers choose to build:
Design your home for your lifestyle
It can be frustrating attending open home after open home and not finding the right fit for your needs. Often established home buyers need to compromise on desired features or take on renovations. When you build, you have freedom to design your home with inclusions that suit your family. Whether you need side gate access, a huge entertainer’s kitchen with a butler’s pantry, or a designated kid’s zone – the choice is yours.
Future-proof your home with smart technology and sustainable features
Equipping your home with the latest technology and sustainable features will make it more comfortable for your family and more appealing to future buyers. Energy efficient appliances, solar panels, rain water tanks, double glazed windows, security cameras and smart systems are some of the features modern buyers are looking for.
Save on stamp duty
Why pay stamp duty on an entire established home when you could just pay it on the land? The money you’ll save doing this can be better spent on inclusions in your brand-new home.
Experience less competition with other buyers
Established homes with all the best features often have crowds of buyers attending open homes, with some willing to pay above asking price to secure it over the competition. You can expect far less competition for a specific block of land, and if you do miss out on the one you had your eye on, you will likely have similar options to choose from.
You may be eligible for the First Home Owner grant
The Queensland first home owner’s grant provides first-time buyers with help getting into the market sooner. If you’re eligible, you can receive $15,000 to put toward building your new home. You can use the Government’s free eligibility checker to see if you qualify.
