At New Property and Finance we pride ourselves on delivering clients expectations with a premium and personalised service. Our mission is to provide you with trusted advice in achieving the best customer experience and results that speak for themselves.
We not only listen to you, we collaborate with you on land selection, home design ideas, and investment preferences. Our team is able to provide you with a range of solutions and options to cater to your expectations and budget. Whether you're a first home builder or have built multiple times, the result is a stress-free experience that has everything you need to improve your lifestyle and within your requirements.
Whether any of us like it or not, your dream of a new investment property, or a better house for your family, or a lovely place to retire is never going to come true if the numbers don’t add up that satisfy the lenders to get a home loan. That’s why securing finance is a crucial part of the new property purchasing path. With many years in the industry and strong relationships with a number of accredited Financial Accountants, Banks, Finance Brokers, and other lenders, New Property and Finance can help you ensure the numbers do add up and secure financing for your project.
It’s always a good idea to see what’s available on the finance market to ensure that you get the best deal, rather than just relying on your usual bank and assuming they’ll do the right thing for you.
We can assist you with:
Building a new house is one of the most exciting and rewarding things you can do in life. Whether it’s a new home for your family, the place where you and your life partner will retire, or an investment property to help secure your future, it’s a very important step.
Building a new home is an exciting prospect for thousands of Australians - as long as you understand what’s actually included in the building contract price, so you can avoid many of the expensive hidden costs that pop their head up - after you have signed the contract.
The more accurate information you have BEFORE YOU SIGN the Building Contract, and start building your New Property, the better off financially you will be!
Talking to other builders?
Hey, if you’re talking to a number of builders before you make a final decision on purchasing a New Property and Finance New Property Build or Package, it is very important that you compare apples with apples.
Carefully check all the inclusions to see what’s included and what’s not. Also check what the inclusions quality level is (is it a cheaper brand that will last until the warranty runs out or one with a good reputation for longevity). One simple line missing on your building quote can add up to thousands of additional dollars – which you may not have the money to pay for.
You may like to ask if the following items are included:
Compare the ‘REAL” bottom line. New Property and Finance’s Prices are hard to beat.
What might seem to the “building bargain hunter” cheaper initially, may actually be more expensive, once you add in all of the ‘extras’ already included in the New Property and Finance’s Standard Inclusions range. Above all, you need to make sure you are comparing the complete bottom line, so you don’t end up paying more for things that weren’t included in the initial building contract quote.
At New Property and Finance Pty Ltd, we’ve got nothing to hide.
Our Building Manager has over 40 years of experience! He ensures that all New Property and Finance’s building contracts are Fixed Price, Full Turnkey – no nasty surprises. He aims to ensure that you understand all your home inclusions and actively negotiates on your behalf so that there are no hidden costs.
It’s just one more reason why building with New Property and Finance is so easy!
New Property and Finance is the team you can trust with your new property build and construction financing – day in and day out!
Dual Occupancy/Auxiliary dwelling is the correct terminology for this type of building. Also known as a dual key, dual dwelling and various other names. They are two homes in one. They are not approved to be strata-titled like a Duplex, which means that both dwellings or units are on one title with one set of rates, therefore there are no body corporate fees.
If Town Planning rules were to change in the future and these dwellings were allowed on smaller block sizes, there would be no building changes required to allow the two units to be strata-titled, providing that it complied with the new minimum block size at that time.
Both self-contained units of a dual occupancy property are usually under the same roof, so from the street, the building looks like a normal house. If attached and under the same roof the units are separated by a fire wall which also provides great acoustic benefits.
The two units can sometimes be constructed as detached buildings (depending on the LGA) however this usually only occurs on larger blocks or where a property with an existing dwelling requires an auxiliary unit to be added. Modular buildings are ideal in this situation and can be built on awkward, tight access or sloping sites.
Typically, a Dual Occupancy/Auxiliary dwelling has 2, 3 or 4 bedrooms on one side (the ‘main dwelling’) which can be any size and configuration and 1 or 2 bedrooms on the other side (the ‘auxiliary unit’). Each unit has its own entrance and full facilities, including a kitchen, bathroom, laundry, bedrooms, living areas and car accommodation. The size of the auxiliary unit and the number of bedrooms allowed, varies from Council to Council in Queensland.
Different rules also apply to other states. For example:
In most cases, only a single egress (driveway crossover) is allowed so the garages for both units are usually sided by side using a common driveway. Some LGA’s have rules about the minimum number of vehicles that have to be parked off the street.
Duplex properties have been a popular type of property investment for many years. Most LGA’s allow them, although not all do.
The main advantage of a Duplex is that it can be Strata Titled (split into two titles) after construction is completed.
Strata Titling is not mandatory, and some buyers choose not to, so they only incur one set of Council rates. If Strata Title is made, a body corporate is formed to manage the common property and public liability insurance. The common property areas can often be minimised, thus reducing some management issues etc. Even after a property is Strata Titled, in some circumstances, it is possible to subsequently have the Body Corporate dissolved if the owners of both units agree.
Duplexes are commonly single storey or two storeys. Depending on zoning and density allowances, they could even be 3 or 4 storeys, with a lift and possibly a basement carpark.
A Duplex property is commonly the same floor plan (mirror-reversed) on both sides; however, this is not mandatory; they are often different, particularly on the corner or unusual shaped blocks of land.
Some LGA’s have rules whereby a maximum set number of bedrooms are allowed. Suppose the designated site is below the standard size required by the Council. This could be an uneven number, so a 3 bedroom + a 2 bedroom design may be required.
Sometimes it can be possible to build a Duplex as two separate buildings, depending on the LGA and site size, shape, and allowable site coverage. A firewall is required where the two units are adjoined.
Each unit is allowed to have its own egress (driveway crossover), so there is no requirement for the garages to be adjoined, and in fact, they could be located on different streets on a corner block.
Rooming houses offer the opportunity to lease each legally lettable space separately. By doing this, higher yields are achievable.
In some cases, gross yields of 10% or higher may be possible.
Each habitable space is "self-contained", however under rooming house legislation, there is a requirement for a common area that includes
which allows higher rental returns to be achieved. This does vary from council to council.
NB: At full occupancy, Gross Rents achieved from this type of dwelling are far higher than letting a single house in the same location.
Rooming houses are managed by specialised and experienced Property Managers, who have each tenant sign a separate lease.
Each lettable space is self-contained and includes an ensuite, small living area, kitchenette, and sometimes may have external access.
The maintenance of the shared areas, plus the costs of water, electricity and Internet are the responsibility of the property owner.
A rooming house is a residential dwelling that is certified to class 1B standard and specifically designed for separate tenancies.
In Brisbane City Council Area, a rooming house has a maximum of 5 lettable areas, with a maximum of 5 unrelated parties, and a total floor area no larger than 300m2. Whereas Gold Coast City Council has a maximum of 4 lettable areas.
(House & Land Packages)
House and Land packages refer to a new (to be built) property with two contracts, one contract for the land and another contract for the home build. There is a land contract that will be with the land vendor and a construction/build contract that will be with the chosen construction/building company.
Standard plans that are pre-packaged on land or custom designs are available.
We offer our clients a fixed price turn-key house and land solution. By having a fixed-price contract with turn-key inclusions, we can ensure that the property is ready to occupy from the day handed over to the purchaser.
We ensure that all of the necessary fixtures and fittings are included on the inside with floor coverings, security screens, window dressings, air conditioning and appliances, and all necessary fittings such as towel rails and toilet roll holders.
Externally we ensure all aspects of landscaping such as fences, lawn and gardens, driveway, paths, clotheslines, letterboxes etc., are taken care of. The site works and foundations are included.
We work closely with all the relevant parties to make sure that a high-quality outcome is achieved. This includes:
We have developed important key relationships with experienced consultants over several years, enabling us to provide our clients with high quality and well-priced house and land package solutions.
NDIS - Social Impact Property Investments
Great Yields And A Great Legacy To Leave
Australian Government-Backed Property Investment Opportunities With Gross Yields Up To 10-15%.
The team at New Property and Finance Pty Ltd are helping Social Impact Investors find and build new 'built for a specific purpose' NDIS SDA homes suitable for people with disability.
Can you as a parent imagine what it is like to be forced to place your child into a nursing home and then going into that facility every day fighting to get the rehabilitation support, the nutritional requirements your child needs, and for everything else.
You can help fund the fight for the independence of young people with disabilities, by investing in NDIS/SDA homes and building them where the identified needs are located.
Our team will put the Property Investment deals together for you. We have Registered NDIS Providers to manage the property for you for the long-term.
What do you need?
- A Good Income
- Cash or equity for deposits, etc
- A Heart to make a Social Impact Investment
- Be willing to invest where the need is - it may not be in your desired location (but it might be).
A Small-Scale Development Project can be a great way for an investor to create cash flow and capital growth. It can include projects such as Duplex Developments, Townhouse Developments, Block Splits, and Subdivisions.
Undertaking a small-scale development can be a great opportunity for an investor; however, it can be a much more complicated and potentially expensive process than many inexperienced investors realise. Our experienced team aim to make the complicated process of developing an easier process and thus enable everyday-Australians the opportunity to profit from this style of investing.
The New Property and Finance team have an extensive team of development professionals at hand to make the development process possible and follow projects from initial conception through to the final finished product.
We can undertake several different small-scale and medium-sized development projects with our clients by combining the following service offerings:
We have an expert team that can assess the development potential of properties and evaluating the different options available. We call upon our expert staff and an extensive network of industry contacts to ensure the development process is run successfully.
Self Managed Superannuation Fund
- Property Investments
- SMSF Investment Loans
Moneysmart gives great advice regarding mixing property and your self-managed super.
Understand the rules, costs and risks of setting up a self-managed super fund (SMSF) to invest in residential property.
SMSF property investment can be a great option for those looking to manage their own Superannuation investments.
Property investment is often seen as being less risky than other forms of investment. However, while it may seem more straightforward, there are pitfalls to be aware of; we recommend that every investment requires proper due diligence, especially when it involves an SMSF.
We have numerous investment options available for the savvy SMSF manager and can refer those seeking Superannuation investment advice to the relevant qualified independent advisors.
When purchasing a new property with your SMSF, you must ensure that you comply with the rules. This includes ensuring that the property meets the sole purpose test, is not acquired from a related party, is not lived in by a related party, and is not rented by a related party.
If there is borrowing for the property's purchase, then there are further strict borrowing conditions that must be adhered to. The loan must be a limited recourse borrowing arrangement which means that you can only purchase a single asset. This means that if you are purchasing a new property, it must be on a single contract and not a split contract (i.e. land contract and construction contract).
We can offer a range of SMSF eligible new property investments, including apartments, townhouses, and SMSF house and land packages.
We also have the key relationships to refer and guide you to the required industry professionals to make your SMSF property investment journey a smooth one. These include financial planning professionals, accountants, finance brokers and advisors.
SINGLE-CONTRACT PURCHASE OPTIONS AVAILABLE
Townhouses / Town Homes
A townhouse or townhome is a type of medium-density housing that forms part of a larger complex. A townhouse if often uniform and is many cases has an adjoining or shared wall. They can offer a great investment opportunity or a convenient low maintenance option for an owner-occupier.
A townhouse can offer a great investment opportunity and are often located in areas that are within the outer city limits. At New Property Australia we provide both individual townhouses as well as the opportunity to invest and develop a raw project as a small-scale development.
We have a large network of builders and developers which gives us access to a great number of townhouse developments across Australia. In each instance we undertake careful analysis of the investment fundamentals to ensure that the property makes for a smart investment choice for our client’s portfolio.
For clients looking to undertake a small-scale development project we have an extensive network of contacts and professional associates to put together the project for you and make the process as straight forward as possible
Our goal is to give our clients a VIP experience making their dream home become a reality. If you don't see what you’re looking for in our listings or you are interested in a specific area, reach out to us and we’ll be able to secure a property for you.
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The material on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this website is General in Nature and does not take into account any person's particular investment objectives, financial situation and particular needs. Before making an investment decision based on this general information you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this website are provided for illustrative purposes only. Although every effort has been made to verify the accuracy of the information contained on this website, New Property and Finance Pty Ltd, its officers, representatives, employees, and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.