General questions
What is a New Build Property?
A New Build Property, also known as a new construction or newly built home, refers to a residential property that has been recently constructed and has never been occupied by a previous owner.
These properties are built from the ground up, often within newly developed neighbourhoods, communities, or housing projects.
New build Properties can encompass a wide range of housing types, including single-family Homes, Townhouses, Duplexes, Dual Key Homes, Co-Living Homes, Terrace Houses and Apartments.
What types of financing options are available for new build properties?
Depending on the type of build and purchase, there are different payment plans. If it is under construction, the process is usually a holding deposit, then a deposit and the remainder at completion.
If it is a Single contract or SMSF property, the process usually is a holding deposit, then a deposit and the remainder at completion.
If it is a 2 part contract, the payment process is usually a holding deposit, a deposit on unconditional and complete payment of the land contract settlement, then a deposit and staged payments during the build with a final payment at handover.
Each builder is slightly different. Buy New Queensland can help you with all stages of the process.
Can I visit other properties the builder has built to see the quality of their work?
Requesting to visit other completed properties by the same builder can give you a tangible sense of their craftsmanship, attention to detail, and overall build quality.
It’s an excellent assessment of whether their work meets your expectations and standards.
How is the landscaping and outdoor space handled in new build properties?
New build properties often come with basic landscaping, but the extent of it can vary.
Some builders provide fully landscaped yards, including plants, grass, and irrigation systems, while others might leave the outdoor space as a blank canvas.
Inquire about the landscaping plans for the property and whether you can customise it according to your preferences.
What is the standard builder's warranty period, and what does it cover?
In Queensland Homes are covered by the QBCC warranty and the builder’s own warranty that covers different aspects of the property for a specific duration, generally ranging from iix to ten years.
The warranty might cover structural defects, workmanship, and appliances. We give you a detailed breakdown of what is covered and for how long. It’s essential to understand the process for reporting and addressing warranty claims.