Building a new home is an exciting journey, but it’s essential to go through your building contract carefully to avoid unexpected costs. Many builders exclude certain items from their quotes, leaving homeowners to cover these expenses later. Knowing what to look for can save you time, money, and stress.
Here are some common exclusions that might not be included in your builder’s quote:
If these exclusions aren’t factored into your budget early, you could face unexpected costs at the end of your build. For example, properties in areas like Caboolture, Bellmere, or Morayfield often require landscaping to meet local standards, which can quickly add up.
Always ask your builder for a clear breakdown of what is and isn’t included in the contract. If you notice any of these common exclusions, plan ahead to cover these costs or discuss options to include them in your contract. Being prepared ensures your building journey is as smooth and stress-free as possible.
Building a home in Burpengary, Narangba, or North Lakes? Bribie Island Lending can help you secure the right construction loan to cover your project, including these often-overlooked extras. Our team provides guidance on budgeting and ensures you’re financially prepared for the journey ahead.
Email Mark at Mark@bribieislandlending.com.au to discuss your construction loan needs and start your building journey today!
We are based on the beautiful Queensland coast, between the Sunshine Coast & Brisbane and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
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Redcliffe is holding strong as a high-potential market in the Moreton Bay region, with tight supply and steady demand. Median prices sit at $900,000 for houses and $725,000 for units, both offering 3.5% rental yields. With annual growth of 10.8% for houses, investors are watching closely.
Gold Coast unit prices have officially surpassed Sydney's, with the median now sitting at $956,000. Driven by migration, rate cuts, and development pressure, southeast Queensland is booming. If you're considering buying a house on the Gold Coast, this could be your window of opportunity.
Wondering if your home loan is still competitive? If you're in Bribie Island, Brisbane or the Moreton Bay region, this is the guide every homeowner should read before the next rate change.
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