Building your home is an exciting, but daunting process. There are a number of benefits to building your own home, but knowing where to start is the essential first step. A construction loan can be used to build a brand new home, or complete substantial renovations to an existing property. There's more than just the cost of the new build to consider - including all of the associated costs with building a new home.
Significant property price rises in Brisbane have often been attributed to high Net Interstate Migration rates – the trend for many Australians form make the move North from the more expensive regions surrounding Sydney & Melbourne, without sacrificing the big-city amenities and business opportunities.
What is ‘over-capitalising’ and how do I stop it from happening? Many people make the mistake of over-capitalising when it comes to home renovations. Put simply, over-capitalising is when the cost of renovations outweighs how much value it will add to a property. Here's some tips & tricks to help make sure you are spending your money on renovations wisely.