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How to build your first home on a budget

11 February 2021 - 8 min read
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First Home Buyers..

It's your time!

So you’re determined to take that first step onto the property ladder and build your very first home. How exciting! But we know there’s one little worry on your mind… money.

It seems you’ve been saving up forever and you don’t want to see any of it go to waste. But the good news is that there’s a more affordable (and much simpler) way to build your first home.

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What’s your number?

How much can you afford to borrow? Even though it can be tempting to stretch it and try to borrow as much money as you can, you should work out a realistic budget for your future home that you can easily stick to.

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Choose a house and land package

Why? Because these packages offer you one fixed cost so you know exactly what you’re paying for. Look for packages with clear, open and upfront pricing — just like our budget-friendly PDX range.

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Find opportunities to save even more

There are some great benefits to building your first home over buying an already established one, including all the money you’ll save when you take advantage of available government grants. Depending on your situation you might be eligible for:

  • Federal Government’s HomeBuilders Grant;
  • State Government FHB Grant; and
  • State Government Stamp Duty Savings
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Build only what you need

When choosing a floorplan, it’s easy to get swept up in the idea of adding extra bedrooms, luxurious living areas and an ensuite in every room. But it’s important to stay focused on what actually suits your lifestyle and of course, your budget. Figure out what’s important to you and make sure it’s included in your floorplan. And then down the track, you can always upgrade.

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Fast-track your build

PDX is here to help you get in front of that SOLD sign, in a home you can call your own, on your very own patch of land — faster than ever. With great floorplans, offering 3-4 bedrooms, modern open-plan kitchen and living areas, and luxe master bedrooms — there’s something for every kind of lifestyle and budget.

Plus, with our speed of process you could have your build up and running in 12 weeks from contract with just $2k to pay until then. Your cash flow can thank you later.

View PDX range
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Leave design up to the experts

These days, everyone’s an interior designer. But when it comes to decorating the ins and outs of your future first home, a true expert can work wonders while keeping you within budget. With a PDX home, our leading interior designers take care of the design customisations where you’ll choose between four beautifully curated colour schemes already included in the fixed cost of the home. That means no hidden surprises when it’s time to pay.

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Choose upgrades that add value

If your budget allows for it, there are a few little luxuries you can include that will end up increasing the value of your home. Whether it’s choosing an upgrade pack for your flooring or kitchen, these extra finishes will make all the difference.

Ready to make your move?

Get in touch with us today to chat about your first home options!

Ready to make your move?