Home Building Hub

Join us as we uncover how builders determine their base price and what exactly it includes. Additionally, we'll highlight four essential factors to consider when selecting a builder and we finish off with a helpful list of common inclusion items to look out for.

Topic timestamps
2:23 - What is a base price?
3:40 - How is a base price worked out by a builder?
4:39 - What’s included in a base price?
13:05 - Four key factors to consider when choosing your builder
14:05 - List of common items to keep an eye out for
19:18 - Summary of base prices

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In this episode, we provide a summary to you outlining and explaining the most common items found in building quotes. We also share some insights into what makes up a good building quote and finish off with 4 common mistakes we see homebuyers make during the quoting process.


Topic timestamps
1:30 - Why is Colin wearing a suit?
5:25 - What common items make up a building quote?
8:40 - Why are building quotes so different between builders? 
14:25 - What makes up a good building quote? 
18:00 - Here’s the list of items you should look for
25:40 - Common mistakes home buyers make during the quote process

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

In this episode, we outline 4 key steps to take to give yourself the best chance at getting the best building quotes for your circumstances and your budget. We also round up the episode with our top 3 preparation tips for those ready to start talking with builders about building quotes right now.


Topic timestamps
3:35 - Step #1 - Finance
4:40 - A solution for those who don’t have enough savings yet
7:50 - Step #2 - Do you homework - before you leave details with a builder
12:18 - Step #3 - Establish your needs vs wants list
14:39 - 3 main factors that influence pricing
18:18 - Example list of items to consider for your needs vs wants list
23:06 - Step #4 - Go and take action 
24:40 - Top 3 tips to prepare you for the building quotes stage

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

We dive right in by explaining exactly what a house and land package is, as well as providing an outline of the actual items usually included in the price as well. We share our answer about house and land packages being exclusive and also leave you with our top tips on what to do and what not to do regarding house and land packages when you’re at that stage.

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

Not only do we answer the question - Should you buy your house or land first? …but we also reveal some important factors to consider when buying along with outlining our top 5 tips for those ready to start the process of securing their very own house and land package.

Topic timestamps
2:12 - Should you buy a house or land first?
5:13 - A long list of reasons to speak to a Builder Sales Consultant before you buy land
11:10 - House design factors that need to be considered when choosing a block of land
15:48 - Most buyers have to sacrifice something, so will you?
17:00 - 5 steps to take when you’re ready to take talk about house and land

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

We reveal some insider insights and share our top tips to help you navigate your way through display villages (and initial builder discussions) more effectively. We cover a range of topics such as the real purpose behind display homes, what questions to ask, when to stop looking at display homes and start talking to builders… and we even share an alternative model to display homes worth considering as well. 

Topic timestamps
2:36 - What is the real purpose of a display home? 
3:55 - Should you leave your details with a Sales Consultant?
6:00 - Here’s an alternative option to visiting a display home
9:17 - How and why do builders present different ranges in display villages?
13:35 - When should you stop looking at displays and start talking to a builder?
14:25 - Should you under-quote your budget to get a better deal?
16:00 - Essential information you should be providing to a sales consultant 
18:18 - What are the benefits of viewing real homes instead of upgraded display homes?
20:12 - Why should you have a sales consultant walk you through a home?
21:51 - A couple of our funniest display home experiences 
24:36 - Top tips for you when going to display homes and speaking with builders

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

Today we talk about the main regulation changes related to energy rating and livable housing, proposed to be coming in 2023 (well, at the time of recording this). Using the information that is available to date, we explain the reasons for the changes, the benefits of the changes, and most notably the significant price impact and design impact that these changes will have on buyers after the regulations are implemented. 

Topic Timestamps:

6:50 - Energy rating changes introduced and summarised
9:50 - Pricing impact of moving from 6-star to 7-star energy rating
16:00 - Livable Housing introduced and summarised
20:25 - How will these changes impact floorplan designs? 
24:05 - When are these changes proposed to come into effect? 
29:25 - Top 4 questions to ask yourself to determine if you should build now or later.
32:19 - Tips for buyers considering building before the regulations come into play

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

We discuss and acknowledge Porter Davis heading into liquidation, but with respect to those involved, our focus shifts to providing valuable insights to those who are considering buying right now. We give you a genuine insight into how builders’ pricing really works, explaining how the last 2 years has impacted builders… and ultimately clients, trades and suppliers as well. We explain the cause and effect of material shortages, delays and price increases and we also share some genuine reasons as to why you could consider purchasing now rather than waiting.

Resources:
For Porter Davis customers
Access info on the VMIA website ➡ https://www.vmia.vic.gov.au/ 
Grant Thornton (liquidators) website ➡ https://www.grantthornton.com.au/ 

State Revenue Office website ➡ https://www.sro.vic.gov.au/buying-property 


Liking the show?

Please leave us a 5 star rating on your podcast platform and share the show with others - thank you.

Got a question, topic idea or feedback?
Head to our website and leave your comments there ➡ homebuildinghub.com.au

Other places to watch or listen... and catch up on more content:
YouTube: https://www.youtube.com/@homebuildinghub
Facebook: https://www.facebook.com/homebuildinghub
LinkedIn: https://www.linkedin.com/company/home-building-hub/
TikTok: https://www.tiktok.com/@homebuildinghub?is_from_webapp=1&sender_device=pc

Want to reach out to Colin or Darren directly?
Colin - 0419 220 140 - [email protected]
Darren - 0430 087 450 - [email protected]

5:30 - Porter Davis
19:55 - How does builder pricing really work? And how has the last 2 years changed that?
30:50 - Things are looking better and here’s why
34:20 - Interest rates and inflation
35:55 - Is now a good time to buy a home?
39:00 - Accessible living and energy rating changes are coming in 2023 that will impact the price of building
42:00 - Land opportunities in the current market
44:40 - Are we getting to the bottom of the market
47:05 - Is it a buyers market or sellers market and should you be buying right now?
49:15 - Look for good value, not the cheapest price.

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

Today we are joined by Mark Polatkesen - the Founder and Managing Director of Mortgage Domayne. Mark is one of Australia’s leading finance brokers and has settled over 1.5 billion dollars in loans during his career so far. In this episode, you’ll learn about all-things finance when it comes to new home construction. We cover a range of topics around finance brokers vs going direct to banks, interest rates, inflation, what affects borrowing capacity and ultimately find out whether Mark thinks now is a good time to buy including his top 3 tips to finish off the episode.

Resources:

For finance help, contact Mortgage Domayne > https://mortgagedomayne.com.au/ 

Learn more about grants, schemes and incentives

• https://mortgagedomayne.com.au/ 
• https://www.sro.vic.gov.au/ 

6:55 - Difference between a finance broker and going to a bank direct
9:25 - Difference between construction lender vs standard broker
13:45 - What are interest rates (cash rate vs home loan rate)?
17:10 - What can we expect with interest rates and inflation moving forward? 
19:35 - What impact dollar-wise have the rates had on borrowing capacity?
20:20 - What are the concerns being raised by clients now?
23:10 - What affects borrowing capacity? 
25:40 - To buy or not to buy? - Mark’s view and strategy 
27:15 - Do I build new or do I buy established? And why?
29:55 - Are valuations an issue at the moment? …and what can affect them?
32:30 - Government grants, incentives and schemes explained
36:20 - Guarantor lending explained 
40:35 - Top 3 tips from Mark from new home buyers

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

In episode one, you get to meet us - Darren and Colin - your hosts of the Home Building Hub podcast. We share a bit about our experience, why we’re doing this podcast, and most importantly how this podcast will help better educate listeners about new home building so they can avoid costly mistakes when choosing their preferred home builder.

Join Australia’s most trusted new home education community 

• Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists
• Join here > https://www.skool.com/home-building-hub-3827

Liking the show? 
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.

Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]