News.com.au ran a story on Friday about a Sydney building firm which has introduced a range of low-cost options for first-homebuyers designed to cut the cost of a house by over $A100,000.
Thrive Homes, a division of Rawson Group, says its houses cost $A185,000 to build, compared to $A260-300,000 for a typical standard build.
One difference is that Thrive mastered the CDC (complying development certificate) process, issued by private certifiers instead of councils, and assessed against state government rather than local council codes.
The alternative, using councils’ development application process, allows for customisation & reworking, takes about 8 weeks and ends up costing more in time & changes.
Thrive general manager Patrick Eather said Thrive offered predesigned houses, with a range of internal options that were already calculated & costed, that were generally under 220m² and designed to fit on small sections.
Ho also remarked that New South Wales should join the West & South Australian state governments in supporting low-deposit loans for first-homebuyers.
Links: Thrive Homes
News, Sydney, 13 January 2017: Low-cost builder targets first home buyers
Attribution: News Ltd.