A.
SEARCHING ONLINE
H2: BE PREPARED: What to take with you to inspections?
H3: CRITICAL INFO TO UNDERSTAND BEFORE YOU BUY
H4: WHAT TO CHECK
H5: WHAT TO LOOK FOR
H6: Land orientation, size and shape
This question is about bank lending & finance.
You need to find out:
- how much savings you have,
- whether you can borrow against any equity in your existing property
- and how much the bank is prepared to lend you.
Your bank or mortgage broker is the best person to answer these questions. This answer may vary depending on interest rates at the time.
H7: RP Data subscription – Core Logic
H8: USE A COMPASS APP
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So let’s get started!
Thanks
Nick Hall, Ray White Paddington / Caroline Brown / Sacha Hennesy, Space
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ALL OTHER BUILDING RELATED COSTS
COST %
COST $
DESIGN STAGE COSTS
Other Consultants
Draftsperson
1.5-2%
100,201
Building Approval
1.5-2%
100,201
Land Surveys – ID & / or Detail Survey (if required)
3,000-5,000
100,201
Town Planner & Lodgement fees (if required)
7,000-12,000
100,201
Quantity Surveyor – Preliminary Cost Estimate (optional)
2,000
100,201
CONSTRUCTION STAGE COSTS
Consultant Advice on Site
Architect
11%
100,201
Building Designer
7%
Draftsperson
1.5-2%
ESTIMATED TOTAL
310,575
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Thoughts
Thoughts
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Alert
Stop and Think
Technical Info
Trades Info
Road Info
Stop, Do This First
Supporting Document
Alert
Consider Electrical
Floorplan
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- Remove part of the upper level floor to create a double height space over a lounge or dining area on the ground level. (just make sure you can close off the void to prevent noise transfer problems to the upper level bedrooms.
- If your roof structure uses timber trusses you can potentially remove the flat ceiling lining and expose & paint the trusses, and put in a new raking ceiling on either side of the old trusses. Just do it over the living areas if you don’t have the budget to make the change throughout.
Example of image with supporting copy on right
- Remove part of the upper level floor to create a double height space over a lounge or dining area on the ground level. (just make sure you can close off the void to prevent noise transfer problems to the upper level bedrooms.
- If your roof structure uses timber trusses you can potentially remove the flat ceiling lining and expose & paint the trusses, and put in a new raking ceiling on either side of the old trusses. Just do it over the living areas if you don’t have the budget to make the change throughout.
