Should you buy an established or new home?

If you’re thinking of buying a home, you may want to consider whether a brand-new place or a home built by a previous owner is right for you.

What are the pros and cons?

When buying a home, you want to make sure you’re completely happy with what you end up with. Which means there’s no right or wrong answer to the question of whether to buy an established house or a new home of the type found in Stockland communities. But there are certainly pros and cons to each…

Buying established

Pros:

  • Move-in date is concrete – there are no external variables like the weather affecting the build timeframe
  • Established homes tend to have a touch of character that contributes to a homely feel.

Cons:

    • Before moving in, you’ll need to survey the house and assess any damage or repairs that need to be addressed
    • Established homes tend to need more upkeep and maintenance than newer homes.
     

Building or buying new

Pros:

  • Who doesn’t love a clean slate? When you build new, you’re working with a completely blank canvas that you can tailor to suit your dreams. From positioning your home on the block so it gets the most of the morning sun to landscaping your yard, building puts you in absolute control
  • Not keen on going through the full building process? With Stockland you can also buy townhomes off the plan to have a say in how you bring your vision to life, whether that’s a feature wall or installing energy-efficient appliances
  • Homes in Stockland communities are built to last, using the latest materials.

Cons:

    • Building a new house can take a bit of time, depending on your design and build and outside factors like the weather.
     

The Stockland difference

As well as giving you more choice when it comes to choosing the right type of home, living in a Stockland community comes with lifestyle benefits. We pride ourselves on creating neighbourhoods that contribute to a sense of belonging, promote sustainability and encourage people to connect.

Click here to explore a better way of living

What do you want to do next?

Keep going with finding my ideal type of home.

The property market outlook for 2021
Why buy or build with Stockland?
Buying off the plan

Move on to your next job to do

Get finance-ready for approval
Start now
Get your build and design foundations in place
Start now
Find your perfect community
Start now

Get closer to your dream home today!

Enter your details to be contacted by a sales professional.