A perfect piece of land can be hard to find, and if you're lucky enough to have a well-situated property in Wollongong, you may not want to let it go. If you've got the worst house in the best street or on the best block of land, a knockdown rebuild is your solution. You can get a new home while maintaining your ocean views, holding onto your North-facing corner block or staying in your friendly neighbourhood. Knockdown rebuilds are becoming the popular choice for major renovation lovers, enabling them to demolish their existing home and build a new one in its place. This can be an affordable, efficient and exciting process towards your dream home, that enables you to avoid another set of council fees or restrictions, move to a new location or worry about finding schools or employment in a new area. No longer do you need to put up with the quality of your home not matching the beauty or opportunity of your land. Build the kind of home that will bring the best from your land, and stay in your ideal location, with a knockdown rebuild.
What is a knockdown and rebuild?
A knockdown rebuild is a perfect solution for when you love where you live but not what you live in. Knockdown rebuilds include the whole process from demolition of the old home to the construction of your dream home. A knockdown rebuild is a popular choice for savvy investors who may find an ideal block of land in a quality neighbourhood, with an old house that may take too many renovations to improve. Additionally, a knockdown rebuild may make an affordable home achievable for first home buyers, or bring an opportunity for the construction of townhouses. Make your home stylish, improve your lifestyle and complete your house dream with a knockdown rebuild, all without changing schools, losing friends or uprooting your family.
Benefits of a professional knockdown rebuild service
A knockdown rebuild can be a more affordable, attainable and stress free process than renovating your old home, with no hidden surprises or extra costs. Land packages are often the most costly aspect of building a new home, and by building on your existing block, you are removing a large portion of the cost. With a knockdown rebuild, your new home will feature all of your favourite ideas and details, while sticking to your budget. New homes are earlier to maintain, cheaper to run and more sustainable long term, and you'll notice the difference in your power bills from day one. A knockdown rebuild is an informed and budget-friendly way to achieve your new home in exactly the area that suits you.
A-Class Building & Construction for your knock down rebuild project in Wollongong
With over 45 years of combined construction experience, A-Class Building and Construction have the skill and passion to bring your knock down rebuild dreams a reality. With professionalism and expertise, the A-Class team will work with you every step of the way, from the planning stages and design to seeking council approval, knocking down and rebuilding. Complete your lifestyle with confidence with builders who will exceed your expectations every time. To talk to one of our experts or to get started on the knock down rebuild process, give us a call, or fill out your details through our contact form here and one of our builders will be in touch.
Frequently Asked Questions
Please click on each question for more information!
Is it cheaper to knock down and rebuild or renovate?
Generally, the process of renovation can expose underlying issues with the home that will incur extra costs - such as termites, asbestos or wood rot. With a complete knock down rebuild, you will be avoiding these hidden costs and extra time pressures and starting fresh. This is particularly beneficial if your home is particularly old or run down. Often being able to create a new home from scratch is going to suit a larger range of budgets and family situations than a renovation, and can cause less impact on your life. Renovations rely on the existing structure of the home and the design must be planned to suit, ensuring everything fits while leaving no shallow space. A knockdown builder can work within the range of your property and create the building of your dreams with specific aspects that are important to you.
How much does it cost to knock down and rebuild a house in Sydney?
The cost of a knockdown rebuild will rely heavily on the type of land you have and the council requirements of your area. Some of the costs you should expect to encounter include:
- Tree removal
- Site costs such as traffic management, connection location changes, levelling the land, compliance checks
- Construction of your new home
What is the demolition process like?
Prior to demolition, you will need to have all approvals processed and plans in place. We will then engage a demolition contractor to safely destroy and remove your existing property. We will work with your contractor to ensure ideal site conditions are met for the build of your new property. The demolition company can work with us to get the site ready for building as soon as possible. All you have to do is disconnect all services and attain a Demolition Clearance Certificate. The demolition costs will vary depending on each site and the requirements of the local area.
How long will the process take?
Generally, you should expect the entire knockdown rebuild process to take around 38 weeks. During this time, you will need to find alternative accommodation with friends or family, or a short term rental. You can check the progress of your property at any time, and we will keep you well informed.
Is knock down rebuild worth it?
Building a new home from scratch can have less of an overall impact on your family, especially with young or school aged kids, as the often slow progress of renovation can disrupt your routine and the flow of your life. With a knockdown rebuild, you can leave your home to stay with friends or family, while the team starts building your dream. If you're deciding between renovations or a rebuild, renovations can cost you just the same and offer less for your money, where a brand new home build can provide the home you've dreamt of for the same or even less money.
Additionally, a rebuild enables the landowner to create a new property without incurring costly stamp duty, land purchasing costs or real estate commission fees. A knockdown rebuild offers value for money, the opportunity to stay in a region or location that you love, a home built to your exact design, and maintain a relationship with your current neighbours or friends. The decision of whether a knockdown rebuild is worth it depends on the quality of life in your current location and if it will suit your family. For any further questions to help with your decision, speak with one of our friendly team.
How to finance knockdown rebuild?
There are a few options for financing your knockdown rebuild, including:
- A building and construction loan - these loans are tailored to the process of construction and the payment requirements along the way
- Government grants - For more information or for the latest news on rebuild financing, contact our knowledgeable team.
A Building and Construction Loan will inject funds at specific points of your build, from start to finish, to help you to get your home built on schedule. These points include:
- When the contract begins
- When the builder lays the slab on your new home
- When the builder has completed the home’s frame
- When the builder has made the home lockable
- When the builder has finished the fit-out
- When the build has finished.
Construction loans are interest-only for the first 12 months or until you've drawn down on the loan and are subject to approval based on the design. Additionally, you will need a deposit and your land needs to meet particular value requirements.
When to knockdown rebuild?
A knockdown rebuild is perfect for when your home is no longer serving your needs or it is damaged beyond repair and you're ready for an upgrade, however, you don't want to leave your region or land. New South Wales in particular is experiencing a housing boom with more people choosing to start a new adventure in Wollongong and its surroundings. If the quality of your region and land is second to none but you're needing a new home design, a knockdown rebuild is your answer. Building a home from scratch can improve the quality of your lifestyle long-term with an exact design to suit your needs.
Is there any help from the Government on knockdown rebuilds?
At this point in time, there isn't any up to date government grants, with the most recent one expiring in April 2021. If you're interested in the most recent news around Government grants, give our team a call to discuss your build and to keep updated on financing options. Alternatively, more information can be found through this Government page.