Don’t buy old, build brand new! It’s a catch cry that the Land Man team has been saying for many years and today it is more important than ever to secure your future.
The Covid induced buying push by owner occupiers has seen the price of existing dwellings skyrocket right across the metropolitan and regional areas including Toowoomba. It’s unbelievable to think that Unit prices in East Toowoomba rose 79% according to The Real Estate Institute of Queensland (REIQ).
Buyers are increasing, becoming aware of the benefits of building brand new. According to the latest NAB residential property survey over half of First Home Buyers are now more likely to consider building or buying a new-build home than they were two years ago.
The survey also details how the first home buyers are more proactive in new housing markets with a 47.8% presence in new build sales over the quarter. This is more than twice the figure recorded in NAB’s initial 2014 report.
While First Home Buyers are making their presence felt they are not the only buying group that are aware of the affordability and trust aspect of securing land to build a new home.
Upsizes and downsizers are also viewing the financial benefits of building brand new!
And on the subject of brand new, it’s wonderful to see Stage 3 at Karara Gardens Estate coming together.
The new roads are down along with the sidewalk which when complete will provide a great route around the estate – perfect for strollers!
Of the 30 Stage 3 Lots just 8 remain available with 19 sold and 3 on hold. Construction of the Stage is still yet to be completed and if all goes well, registration is predicted around September 2021. Exciting time’s ahead for our families already secured in Stage 3 of Wyreema’s pristine estate.
Stage 3 development works at Karara Gardens Estate
Whether you are a first home buyer, upsizer, downsizer or retiree, choosing a House and Land Package with us is a fun and stress-free process.
Simply start the process with The Land Man team by finding your ideal block of land.
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