THE ESSENTIAL NEW-HOME BUILDERS ’ CHECKLIST
WHAT CAN YOU AFFORD?
Australian Securities and Investment Commission consumer website, www.moneysmart.gov.au, is a great resource for people who need more information or advice about home loans.
Have you allowed an extra 15 per cent to cover any unplanned additional expenses such as price increases or changes to your plans after building has commenced?
Are you eligible for any financial assistance from the government to build your new home, such as the First Home Owner Grant scheme (all states), the First Home Bonus (Vic), or benefits for building in regional areas (Vic and Qld)? To find out whether you can take advantage of these benefits, contact the sro.vic.gov.au
CHOOSING LAND
Does the area you have chosen to build on meet the needs of your family? Ensure you find out about schools, transport, shops, doctors, dentists etc.
Have you checked with the Land Titles Office to find out if the land has any
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