As the name suggests, a knock down rebuild involves pulling down your existing house and then reusing the land to build a brand new home that suits your family’s needs better.  

As land continues becoming scarce, more and more people in NSW are recognising the value of their current lots and see the benefits that come along with preserving it. Knocking down and rebuilding is proving to be a better financial strategy for homeowners as the value of your property is more likely to go up in conjunction with a new home build. Doing so also allows you and your family to live the current life that you have set up for yourselves by maintaining your locality and lifestyle.

The knockdown rebuild process leading up to site start can range anywhere between 20-30 weeks, depending on a range of factors. You will need to undertake a step-by-step process to ensure that construction certificates, permits and documentation is all being approved before construction commences. Overall, from deposit to handover – this can take up to 9-12 months.

Although this can range immensely, you’ll need to factor in site costs, demolition costs and your new home build cost to put aside. Generally, the demolition costs range from about $20,000-$25,000 however, we always recommend allowing up to $40,000 all together for both demolition and site costs to clear out your site for your new home build! After these prices have been determined, we will then factor in the cost of your home depending on what you choose!