Downsizers

Just because you’re downsizing doesn’t mean you have to downgrade. Downsizing to a smaller home, especially a new build, means you can have all the luxuries you want in a new home in a desirable location.  So, if you’re still on the fence about building a new home at Florian, we’ve created this convenient information guide to show you everything you have to look forward to.

Overcoming the barriers to building

For some buyers, there are perceived barriers to building your own home. But there are steps that you can take to make sure that you get exactly what you want, on time and within budget:

Staying within your budget

The cost of a new build comes down to three key things:

  • Size
  • Quality
  • Level of complexity

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Building new vs buying established

The decision to build a new home or buy an established one can be difficult, so we’ve laid out the pros and cons of each.

Established

  • Pro – You know what you’re getting
  • Con – You’re limited in the changes you can make to the home
  • Pro – Settlement is usually faster than a build
  • Con – It may be more expensive

New Build

  • Pro – Can be built to your exact specifications
  • Con – Building takes time
  • Pro – Issues and defects are covered under warranty
  • Con – The build cost is not fixed
  • Pro – Ongoing costs are lower in terms of maintenance and energy

What makes Ballarat such a great area?

Ballarat is quickly emerging as a hot-bed for events and activities in regional Victoria. The city already plays host to the likes of White Night, pro golfing tournaments, and even the occasional Western Bulldogs home game. And with hundreds of millions of dollars being invested into the city by State and Federal Governments, the growth of this area is sure to continue.

Florian is in a great location to experience all that Ballarat has to offer, including:

  • Delacombe Town Centre
  • Lake Wendouree
  • Sovereign Hill
  • Victoria Park

If you’d like to know more about Bonshaw, download our free suburb guide. 

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