Have you been looking for the perfect home for months on end? Have you considered building? Currently there are some fantastic grants to help get you started.

House hunting can be an exhausting and frustrating experience, and if renovations is of no interest to you, then perhaps it’s time to build your ideal home that ticks all the boxes.

Whether you are a first home buyer or looking to upgrade your existing home, there are many opportunities for you. The first step is to get educated on available grants and check that you are eligible to take advantage of what is on offer.

Government websites are a great way to get started. Ensure you are looking at your state government website as each state offers different grants. Also speak to your trusted financial advisor and they can help you plan your way to building your dream home.

6 tips to get you started:

  1. Understand what government grants you are eligible for.

Grants and Stamp Duty concessions are determined by state governments – meaning each state or territory has its own incentives. It can be confusing with so many different programs, but it is extremely important that you understand the government incentive in your state.

  1. Do you know the difference in buying an existing home or building new? 

If you are planning on staying in your new home long term, then building means that you can create a home that will fit your lifestyle now and into the future. Your home should grow with you, not restrict your way of life. Existing homes require maintenance and sometimes extensive renovations – your new home will minimise maintenance for many years to come.

  1. How much of a deposit does your bank require to grant you pre-approval?

Each mortgage provider is different when it comes to how much deposit is needed to start building a new home, therefore it is important to speak to your bank to determine what cash savings you need to start. If you are a first home buyer, using the FHOG could be helpful for your mortgage deposit.

  1. Are your finances sorted?

It’s no secret that the property market moves fast, with land and house & land packages selling quickly. Everyone wants to get their slice of Australia (and we can’t blame them!). This is why it is vital to have all your finances fixed and ready to go so that you can jump on the next fantastic deal. Missing out is the worst feeling and we don’t want you to be disappointed, so make sure that you are prepared to find your new home.

  1. Is it more important to get into the market then move into your ultimate dream home?

Being realistic about what you can get within your budget is important. This may not be your forever home, but getting into the market and allowing your home to grow in value will help you to get one step closer to upgrading. If building is not an option for your budget, perhaps find an existing home that will grow in value will get you that one step closer to building your dream home one day.

  1. Choosing your builder.

Take the time to look at display homes and meet the team of builders. Finding a builder that works with you and understands your needs is very important. A smooth transition will create a happy outcome.

If you still unsure on where to start then I welcome you to contact me on 0437 770 058 or

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