Undertaking a knockdown rebuild can be complex and potentially costly, but it doesn’t have to be.
While buying a turnkey home may be less daunting, there is a range of benefits to knocking down an existing property and building new.
“People are willing to invest in knockdown rebuilds because they can customise every part of their home,” says PropTrack senior economist Paul Ryan.
“The dream of buying a cheap house in a nice suburb and managing a renovation is aspirational for many Australians.”
Shaun Patterson, chief of sales and marketing at Simonds Homes, says benefits of a knockdown rebuild include full personalisation of your new home’s design, improved energy efficiency and “increased property value due to updated features”.
“And the obvious one, keeping the same great location you love while upgrading to your dream home,” Patterson says.
“Our customers love that they can create a beautifully customised home without the custom price tag. With our Emerge, Elevate, and Elite ranges, …