Melbourne is the state capital of Victoria. Next to Sydney, it is the most populated city in Australia. Some of the country’s most popular landmarks can be found in Melbourne. Some examples are the Melbourne Cricket Ground, the National Gallery of Victoria, and the Royal Exhibition Building.
Victoria is known as Australia’s garden state, while Melbourne is referred to as its garden city. This is due to the abundance of parks and gardens in the area. Almost 10,000 square kilometres of the city is occupied by the metropolitan area, while the urban area covers over 2,400 square kilometres.
Melbourne is a popular destination for international and local tourists. It also attracts families and professionals. If you are looking for a place to call home, Melbourne is where you should be. Below are some of the many benefits of building your dream house, which you can have with the help of the best new house builders in Melbourne.
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Customisation
Perhaps the biggest draw of building your own house over buying an existing one is the ability to customise it to your liking. You can create your own floor plan (or have it made for you), choose the appliances you want, and have up-to-date amenities.
Every minor detail and major decision will ultimately come from you.
This can be daunting for some people, especially first-time homeowners. But you will have the house of your dreams if you survive the experience. You can also get help from new house builders in Melbourne.
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Cost Considerations
Building a house may seem more expensive upfront, but it offers much more value in the end. Several concessions are available to alleviate the cost, like the First Home Owner Grant and reduced stamp duty. In addition, a newly-built home can be used as an investment property which allows you to claim depreciation over the years.
Aside from the tax benefits and grants available, a newly built home offers other ways to generate savings. New homes are more energy-efficient and cost you less in utility bills. You can integrate natural ventilation features, better insulation materials, PV panels backed up by batteries, or ways to optimise the sun during winter.
New homes also have a lower potential for maintenance issues, like mould issues or hidden structural problems that cost much to repair.
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Emotional Investment
Building a new house can be a life-changing experience for you and your family. It allows you to see the construction as it progresses, which is much like watching a seed that you planted grow. You decide how high the ceiling will be or where the fireplace will go. You choose which doorknobs to use and how many windows there will be. And then you get to see them built.
For most people, this level of involvement strengthens the bond within the family and the emotional attachment to the house. It makes for great memories that can be passed from one generation to the next. Or, at the very least, it is a good conversation piece when you entertain relatives and guests.
Even if you end up spending more by building a house instead of buying one, you still get more value for your money.