The Benefits of Building a New Home vs. Buying an Established Property

We’ve done the hardwork for you and broken down some of the bigger factors to consider when it comes to building vs buying. Keep reading to learn more!

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To buy established or to build new - it’s a big decision! Both options have their merits, but it’s important to weigh the advantages of each to help you make an informed decision specific to your situation. We’ve done the hardwork for you and broken down some of the bigger factors to consider when making your decision. Keep reading to learn more!

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1. Complete personalisation

One of the biggest advantages of building new is the ability to personalise your new home to your liking. You have the freedom to choose the layout, design, finishes, and even energy-efficient features that align with your lifestyle and aesthetic preferences. Personalising your home to this degree with an established home would mean renovating which can become costly and time consuming.

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2. Energy efficiency & modern amenities

New homes are built with the latest energy-efficient technologies and materials, and often come equipped with modern amenities such as smart home systems, improved insulation and energy-saving appliances. In the long run this can mean lower utility bills and more comfortable living.

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3. Warranty & peace of mind

New homes often come with warranties that cover anything unexpected that may arise, whereas with an established property you may be responsible for any repairs or replacements that arise. At Simonds, we offer a Lifetime Structural Guarantee as our promise to you that your new home will stand the test of time. Click here to learn more.

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4. Financial incentives

Australian state governments all offer financial incentives and grants to help you get into your new home. With incentives like the first home owner grant plus stamp duty concessions, it can help make building a new home more financially beneficial when compared to purchasing an established property.

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5. Location location location!

When building a new home, you have the flexibility to choose the location that suits your needs best. You can hand select your block of land in your preferred neighborhood, and if you’re considering a knockdown rebuild it may even be the exact same location you’ve lived in for years! If building in a new estate, the amenities often come equipped with playgrounds, running tracks, community centres, schools, public transport - the list goes on!

The choice between building a new home and buying an established property depends on your priorities, budget, and personal preferences. It’s a highly personal decision - it’s your new home after all! Take the time to carefully consider your needs and the long-term benefits to ensure your new home aligns perfectly with your situation.

And we’re here to help! Reach out to our team of talented New Home Specialists - they’re on hand to answer all of your questions, completely obligation free.

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From 8:30am to 8pm, 7 days a week, our team is here to help.

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Simonds acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn and work.