When preparing to buy property, many questions arise. Budget, location and neighbourhood are common factors that play into a decision, but for many, whether to buy or build is the most pressing.
There are pros and cons to both creating your own home and buying an existing one - which matters most to you depends largely on your personal circumstances.
Building a home takes a tremendous amount of time and effort - and no one seems to realise just how much until they are in the thick of it.
Choosing designs, hiring contractors, picking out interior fixtures and handling the coordination of it all can be exhausting, stressful and almost always takes longer than you expect.
However, it can also be highly rewarding and provide you with a home suited to your exact preferences.
Additionally, building rates have fallen in Australia in recent times, making labour more readily available and builders keen to price competitively.
On the other hand, affordability of existing housing has also risen across the nation and for those unable or unwilling to take on a building project, buying may be the better choice.
