Australia is one of the largest countries in the world and it offers quite a lot of perks to those who want to build their dream home in the country. As the Australian real property market is considerably passive this year, people will find it easier to buy a lot and build their houses. Why? Prices and interest rates are lower! Even those who are on a budget can check in on the advantages of buying house and land as a package to see just how unbelievably simple and hassle-free it is now to own a house in Australia. This post will enlist every main perk that you will enjoy if you’d build your house in Australia!
2022 is the best year to build your house in Australia
Now is the time to be proactive and aggressive if you’ve been dreaming of having a house of your own for a very long time. 2022 shocked industry experts because as opposed to what was expected – the pandemic demand and all – the Australian housing industry is actually experiencing a slump. This slump resulted in Australian lots and lots and houses becoming more affordable and realistically priced! It will be a total waste of time if you’d let this year pass you by without even considering the juicy option that the housing industry’s tricky situation is offering. As all prices are ever low, now is the time to buy! Don’t let this moment pass you by!
1. You will spend less
You need to build your own house now if you want to be free from having to pay rent for the rest of your life and having to dedicate money to repairs and renovations year after year. Building your own house now will give you the supreme luxury of not having to worry about rent forever. You also won’t have to spend on never-ending repairs and renovations because you will already have a home – your dream home – that has everything you need in just the way you like it. If you’d build a house of your own now, you’d no longer need to pay rent and spend money on something that goes directly into someone’s pocket and not towards your personal investment. Paying for a house that you own is always so much better than renting.
2. You will get to fully customize
The problem with where you live now is that it does not have everything you need. This is why you always end up feeling lousy and not satisfied. Not feeling content for a long period of time is not something that anyone should experience. You can, and should, do something about it. You can opt to conveniently build your house now to secure that everything you need is within your reach. This will greatly improve the quality of your life.
3. You will get help from the government
The Australian government is fully supportive of every Australian’s dream of owning a house. To date, only 67% of Australians live in their own home. This is something that the Australian government wants to help with. So much so that first-time home buyers and homeowners can choose from different kinds of government aid during their purchase. All they have to do is submit needed papers and the government will do everything it can to lighten the load!
4. You will enjoy tax advantages
As the government is all about promoting homeownership among Australians, numerous tax advantages are also given to homebuyers and homeowners. You’d be amazed at how significantly you’d have to pay less when you finally have a house of your own. Australia is ever generous to home buyers. It even offers a tax break or negative gearing to those who are bold enough to invest in a house of their own. A tax gearing will ensure that you pay less tax if ever you’d experience a loss in your investment on your property. This tax break is applicable to all your income. This would result in paying less for your dues in tax.
5. Your home will be eco-friendly
Australia is commendable when it comes to its strong policies on sustainability and green living. So much so that if you’d build your house today in Australia, you can be sure that you’d forever feel guilt-free and environment-friendly. This is because Australian law requires all newly built houses to be eco-friendly and fully green. All newly built houses must be sustainable and energy-efficient. All must be fully optimized to spend the least possible energy and natural resources. No waste is allowed. If that is the life that you wish to live, then you start building your house in Australia today!
Time is running!
2022 is coming to an end. Housing prices will already be rising in no time. This is why you should take it upon yourself to consider all your house-buying options today. If budget is your problem, you could always ask for government aid and sound loans from different service providers. Now is not the time to sleep in your dream. Now is the time to act on it! Contact a real property agent now and ask for your options. We promise you, you’d easily find a lot or a house and lot that will perfectly suit you! Good luck!