Triple Zero Property


We have seen a massive shift in the property market over the past three years. Cost of living pressures, interest rate rises and construction costs on the way up. Is building your own home still worth it?

Absolutely! The perks of owning your own home over the long term mean it is worth it.

Ensure you arm yourself with knowledge, research and sound advice to get it right, save yourself the stress and manage your cash flow. There are costs which you might not be aware of…

Five upfront costs (on top of your deposit)

1. Loan application fees – These fees can vary depending on your lender and is a one-off payment. Many financial institutions will waive this fee, but do your homework about interest rates and ongoing fees.

2. Lender’s mortgage insurance (LMI) – if you have a deposit of less than 20%, you may have to pay LMI. This exists to protect your lender if you can’t pay the loan. However, you may be eligible for the First Home Guarantee, Family Home Guarantee or Regional First Home Buyer Guarantee, which assists buyers with a deposit. Check out your eligibility here.

3. Legal and conveyancing fees – this is paid to the solicitor or conveyancer who prepares the necessary documents and conducts the settlement process.

4. The ‘extras’ which are often not included in the contract, like a letterbox, roller blinds, water tanks and landscaping. At Triple Zero Property, we guarantee all this is included in a fixed-price contract.

5. Moving costs – this will depend on how good your mates are! Sometimes, it is necessary to hire professional movers.


If you have got this far, you should congratulate yourself, because saving and pulling together a deposit isn’t easy.

Need help?

Buying a home is a complex process, which is why hundreds of families over the past 18 years have used our service. At Triple Zero Property, we guide you through the process of buying land and building your home, ensuring you have a quality build within your budget. We offer a free service and would love to chat with you about your goals and how we can assist you.

Want to know more about buying your first home? Check out Claire and Mitch’s journey as First Home buyers.

For more information, such as our first home buyers guide email – [email protected].

Disclaimer: The content of this document is not to be considered specific advice. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within a particular area of advice needed.

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