overview.
Should your first place be a house, or land you build on? Dad weighs buying land and building: the grants, the construction-loan process, the timeframes, and where a fixed-price contract saves you from nasty surprises.
On this episode it's Dad, John Kefalianos. As a property developer he's bought land and built on it many times, so he weighs it up against buying established.
"Land and a build can be the cheaper way in, if you go in with your eyes open about the timeline."
John Kefalianos
what you'll learn.
- The grants and subsidies for building, especially in SA
- How financing land plus a build actually works
- The timeframes and delays to plan around
- How building compares to buying an apartment off the plan
Prefer to read? Grab the free first home buyer guides.
part of: building and new homes guide.
The Borrowing Power Truth-Sheet
Roughly what the bank will lend you on $60k / $80k / $120k / $180k income — single and couple, before-kids and with-kids. The actual numbers Dad runs in his office.
chapters.
Tap a chapter to jump the video to that point.
links Nicola & John mentioned.
more on Building & new builds.
Same topic, different angle.