Building your own home offers something that no other property purchase can. Building new means starting with a blank canvas. It means you can get a home that's just right the way you and your family want to live, and then add your own style and character. At Mandalay, we understand this is both an exciting and daunting experience. There are two ways to buying your new home at Mandalay.
Choose Your Block and Builder
This is the most flexible option, where you choose your own builder and design. Every part of the design and build process is up to you, which is fantastic if you have clear ideas of what you would like.
Find a block of land
Choose a House and Land Package
Here, a builder has already secured the land and prepared a home design that's suited specifically to that block. You can generally change finishes inside and out, but not the floor plan. This helps reduce the seemingly endless decisions involved in designing a home.
Find a house and land package
$20,000 First Home Owners Grant
It's good news for First Home Buyers at Mandalay!
From the 1st July 2017, the Regional First Home Buyers Grant is increasing from $10,000 to $20,000 for newly built homes under $750,000.
There’s also stamp duty savings applicable to all first home buyers on all properties up to $600,000 from the same period.
These changes mean that you can save even more when buying your newly built first home at Mandalay.
Calculators
Our calculators can assist you with your decision to live and build at Mandalay. Find out what your borrowing power is, calculate minimum loan repayments for any borrowed amount or calculate the stamp duty applicable to your desired block.
Checklist
Have you done your due diligence? This checklist a great starting point for all people looking to buy a home or block of land.
consumer.vic.gov.au/duediligencechecklist