Building The Dream: Jess Shares What She’s Learned (So Far)
5/5/202644 min
Manifesting home-ownership, but priced out of buying a house? Maybe building your own is the way to go. But where do you even begin?
She’s on the Money’s Jessica Ricci joins Bec Syed on the Deep Dive couch to tell us everything she’s learned (so far) about her building journey.
After recently going through the preconstruction phase, Jess shares updates around pre-build appointments, budget considerations and just how important it is to read your contracts. We’ll hear about the loan application process, fixed-price building costs, as well as what is (and isn’t) included along the way.
If you’ve ever wondered about the benefits of building versus buying, why it pays to have a broker, or simply want to know what you should know before you start, this episode is for you.
GET YOU A MORTGAGE BROKER: Whether you’re applying for a land or building loan, having a broker on your team makes all the difference. Chat to the friendly team at Zella, who’ll act as your loan liaison. Visit zella.com.au for more information.
BEFORE YOU BUILD, BUDGET: Scope creep? We don’t know her. Manage every step of your own building journey with free templates at shesonthemoney.com/download-resources.
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Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements (queenacknowledgements.com)
See omnystudio.com/listener for privacy information.
Clips
Transcript preview
First 90 secondsNatasha Bamblett· Soundbite0:00
My name's Natasha Bamblett. I'm a proud First Nations woman, and I'm here to acknowledge country. Ti, glinyan ganha, noon-ak aka yawa yambena waka. Noon-ak ai yambena yakarumja, duminya gumika dummika itho waka nitowamin dumin emilan. Mumu bain gara buma enin yan waka, gano nyakarumja, wutu narana. Hello, beautiful friends. We gather on the lands of the Aboriginal people. We thank, acknowledge, and respect the Aboriginal people's land that we're gathering on today. Take pleasure in all the land, and respect all that you see. She's on the Money podcast acknowledges culture, country, community, and connections, bringing you the tools, knowledge, and resources for you to thrive.
Jessica Ricci· Guest0:44
She's on the- Money She's on the money.
Bec Syed· Host0:47
[laughs] [laughs] Hello, and welcome to She's on the Money. The podcast is here to help you achieve your big money dreams, and we know for so many of you that's owning your own home. But we are also very aware that it is a goal that is feeling harder and harder to achieve right now, and the numbers actually back that up. According to Domain, over the last five years, entry-level house prices in Australia have gone up about 68%, while wages have only grown around 21%. So naturally, you all wanna know every possible path into the property market, and one of the less talked about ways is building. I'm Bec Sayed, and today I'm not joined by Victoria but someone who is currently figuring out her own house build at the moment in real time- Ooh