There is no hard-and-fast rule about where to start your building journey – you could start researching land and where you want to live, or take a look at display homes to get an idea of what layout you want for your home – follow your gut and what gets you excited! That being said, early on in the process you will want to get an idea of what you can borrow. We know sorting your money isn’t the funnest part of the building process, but finding out how much you can borrow means you have an idea of what you can afford. We help you sort your money with our Free Finance Health Check. You’re welcome!

A house & land package is a home and a block of land in one package. These packages are great because you will know what the build and land will cost which makes budgeting easier.

Blocks of land come with a document called a ‘Title’. Titles are legal documents issued by the Government with the details of the plot of land, as well as the current owner/s name. Lots in new estates won’t always have Titles issued, so you’ll need to wait for them before you can build your new home, but lucky for you this means we can lock in the price of the block!

A house & land package requires a special type of loan. In fact, there are two loans: one for the land and one for the construction of the house. The loan is set up in a way that you buy the land upfront, then you pay for the house at each milestone of the building process. These are called progress payments. Your repayments will only be the loan interest until the build is finished. Once construction is completed, you’ll start making principal and interest repayments.