Let’s be honest, new home builds aren’t always the most affordable options. Brand new high-priced materials, desirable locations, and large plot sizes can all send costs soaring. Homeowners also often find themselves facing a plethora of additional costs and add-ons. Before you know it, you’ve wasted significant amounts on a home that probably won’t be worth anywhere near that in a few years. Luckily, many Australian developers are working to fix the problem, and they’re making a huge difference to homeowners as a result.
If you’re keen to keep costs down with your next move or your first home purchase, then it’s well worth considering the following five developers who are putting fair pricing back at the forefront.
101 Residential – Best for Affordable Luxury
It’s easy to assume that affordable means basic when it comes to housing, but 101 Residential is working hard to disprove that theory with luxury properties that needn’t cost the earth. Largely considered as Perth’s top home builder, 101 Residential provides single and double-storey homes that utilise smart, space-efficient designs to create homes that always err on the side of affordability.
101 Residential perfectly sums up their values with the tag line ‘Build smarter. Live bigger.’ They ensure homes that stretch to fit your budget, rather than stretching your budget itself. Perhaps the most impressive thing about 101 Residential properties is the fact that, despite being compact, they undeniably pack the punch of any other luxury home thanks to quality craftsmanship and an ongoing focus on functional design. These houses aren’t affordable because of cut corners – they’re affordable because of detailed designs that ensure no corner goes to waste.
Australian Building Company (ABC) – Best for Families
ABC is a Melbourne-based home building company that works with top local builders to meet the home and pricing requirements of Australian families. While 101 Residential works by making more from small spaces, ABC is tasked with an entirely different job – building homes that can accommodate an entire family without breaking the bank.
Luckily, this is a goal they seemingly achieve with ease, thanks to stylish home designs including flexible single and double-storey plans, as well as open-plan options. ABC also takes a personalized approach, complete with an ABC3D visualizer, which helps families to design, decorate, and perfect their properties with the help of Australia’s leading supplier brands. As a result, it’s always easier to get the home you want, for the price you need.
McDonald’s Jones Homes – Best for Far-Reaching Affordability
With impressive designs and affordable home builds aplenty, it’s plain to see that McDonald’s Jones Homes has a lot to offer. That benefit only gets better when you realise that they provide surprisingly affordable high-quality properties across far-reaching designations such as Sydney, Central Coast, South Coast, and the Canberra Region. While a lot of other companies mentioned have the benefit of knowing and understanding the intricacies of affordable homes in their chosen areas, McDonald’s Jones Homes offer that same expertise pretty much wherever you choose to get settled.
This level of choice is pretty rare when you’re trying to keep property costs down so , if you want to broaden your search while still saving, McDonald’s Jones Homes might be the company for you. They provide an impressive range of architectural building designs, which are on display across 65 stunning display homes, all of which boast benefits including a $30,000 price rollback and a 20-month price hold to ensure you never pay above the odds.
Assemble – Best for Lower and Middle Incomes
The vast majority of companies discussed so far provide both affordable and more expensive housing options across their books, but Assemble is a developer that’s almost uniquely focused on making housing affordable for individuals on lower and middling incomes. This is a goal they achieve with the help of institutional investors and partners, who allow Assemble to provide thoughtfully designed, well-placed properties for the people who need them the most.
This is possible in a few different ways, as Assemble is also unique in providing 1-5 year renting leases, as well as complete purchases on apartments and some townhouses in key areas. Assemble also provides a ‘purchase pathway’, which allows you to simplify the rental or property purchase process, while ensuring a fixed purchase price or rental term for up to five years. This is an effort that could see countless Australians finally securing property, and it’s an initiative that’s spread across some of the best-designed apartment blocks in areas like Melbourne.
Celebration Homes – Best for Financing
Celebration Homes provides well-managed budget and mid-market builds that come complete with benefits including air conditioning, upgraded kitchens, double-locking garages, alfresco paving, and up to six facade choices. For these reasons and more, they’re a six-time award-winning builder, and they work hard to put customer satisfaction and affordable prices at the forefront of everything they do.
This is especially evident when you consider the impressive property financing solutions that Celebration Homes has to offer. With low 5% deposits and a lack of income limits, these financing options have already seen countless homeowners finally getting their foot on the property ladder for the first time, or simply bringing their dreams of building their own homes to life. Celebration’s honesty is particularly refreshing – they don’t sting you with hidden extras or unnecessary inclusions. They simply tell you exactly what you’re buying, how much it will be, and how they can help you to finance the whole thing.
Conclusion
It’s easy to lose hope when you look at the costs of properties coming on the market, but let this article be your reminder that there are developers out there trying to keep prices down. Personally, our favourite option on this list has got to be 101 Residential, for the simple fact that they’re creating compact homes which ensure that homeowners can still enjoy some much-needed luxury. But each of these developers is doing fantastic things, and if you’re on the brink of buying a new-build right now, then you could undeniably benefit from doing your own research into what they have to offer.