10 things to look out for when inspecting a display home

10 things to look out for when inspecting a display home If you’re looking into house and land package options, then inspecting display homes is an exciting next step. But before you jump in feet first, some industry insiders share their top tips and how to prepare so you get the most out of your visit. 1. Know your budget Before the fun of looking for your dream home begins, first know how much you can afford to spend. “Be really clear about that before you enter and know what your repayments will be and make sure you’re comfortable with that before you go out there shopping,” advises general manager of the Homebuyers Centre, Simon Mongan. In the same way you are going to shop around for your house and land, shop around for finance, too. “Not all banks are created equal and not all brokers are created equal,” he warns. “Someone who specialises in construction finance is usually the best because there’s a lot of moving parts when there’s a block…
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What you need to know before building a granny flat

What you need to know before building a granny flat

Granny flats, or secondary dwellings, can allow home owners to keep parents or adult children close by while giving them their own space. They can also be a great way to generate rental income.

But before you book in your builder, there are a few questions you’ll need to ask and some research to undertake to make your project a successful one. Can I build a granny flat in my backyard? Don’t assume that because your neighbour has one, you can have one too. Each state and territory has different laws governing secondary dwellings, with rules on block size and dwelling size and the distance you’ll need to leave between boundaries, trees and your existing house. Allan Stroud, owner of Lifestyle Granny Flats, says in Queensland the rules differ from shire to shire. “Each shire has its own particular requirements and limits as to how big you can build, and these can change,” he says. “For ex…
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