Eight steps, in this order, every time.

Some lenders offer arrangements that let you pause repayments for up to twelve months while your home is being built. Interest continues to accrue during the pause and is added to your loan balance, which increases the total amount you repay. Eligibility is assessed and determined by the lender, not by us.

It is useful when you would otherwise be carrying your own rent or mortgage plus a construction loan at the same time. It is a poor idea if you are already stretched, because you finish the build owing more than you borrowed. Ask your lender or broker whether you qualify and what the accrued interest adds up to over your loan term.

A block of land and a build contract bought together as one project. In most cases they are two separate contracts signed at the same time: one to buy the land, one with the builder to construct the house on it. You settle on the land first, the build proceeds in stages, and you take possession when it is finished.

There is no single income figure, because lenders weigh your income, your existing debts, your living costs and the rent the property is expected to produce, all together. Your total debt position and your deposit usually matter more than the headline salary. The buyer ready quiz on this page will tell you which of those is the thing holding you back.

The capacity assessment, the corridor research and the shortlist our team produces, including physically inspecting what makes the list. It is credited in full against your build if you proceed. If you do not proceed, the work is yours to keep.

In most states, where the land and the build are separate contracts, stamp duty is calculated on the land value rather than the combined house and land price. This is one of the structural reasons house and land can compare well against an established property at a similar total cost. Duty rules, thresholds and concessions differ by state and change from time to time, so confirm the current position for your state before you rely on it.

Between six and twelve months from contract to handover for a standard single storey build on titled land, assuming no weather or trade delays. Land that is not yet titled adds the registration timeline on top of that.

Every Australian state. We are not tied to one builder or one state and we hold no stock, so the corridor is chosen by what the numbers support at your price ceiling rather than by where we happen to have inventory. In practice we are active in a handful of corridors at any one time and the list changes as the data does.

Turnkey means the house is complete enough to lease the day you get the keys. In our packages that covers flooring throughout, blinds, a full kitchen with appliances, driveway, fencing, letterbox, clothesline and front and rear landscaping. Check this line by line on any package you are shown, because the word is used loosely across the industry.