That Backyard Property Podcast

Understanding Construction Loans: What You Need to Know


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Thinking about building a home or taking on a major renovation? In this week’s mini-episode of That Backyard Property Pod, we break down the essentials of construction loans in Australia — so you can build with confidence.Whether you're a first-time homebuyer looking to buy land and build, or you're planning a significant upgrade to your current home, this episode is packed with practical tips and expert insights.

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What You’ll Learn in This Episode:

How construction loans work (step-by-step)

The different types of construction loans

Managing progress payments during the build

Government incentives and grants you should know about

Why working with an experienced mortgage broker is key

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Subscribe: / @thatbackyardpropertypodcast

Instagram: https://www.instagram.com/backyardpro...

Website: https://tuskfinance.com.au


Connect with Michael:

Facebook: / tuskfinancemk

Instagram: / mortgageswmichael

LinkedIn: / michaelkilliner


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Chapters:

00:00 Introduction to the Episode

00:23 House and Land Packages for First Home Buyers

02:20 Understanding Land Loans and Construction Loans

03:40 Managing Construction Loan Payments

06:03 Renovations and Construction on Existing Properties

08:36 Valuation and Financing Options for Renovations

10:35 Choosing the Right Bank and Loan Type

11:44 Conclusion and Final Thoughts

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Produced by ⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠: https://www.podwavestudios.au


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That Backyard Property PodcastBy Michael Killiner