Building a home often represents a brighter future, a fresh start, or a smart investment. While your reason for building may differ from others, one common challenge everyone faces is balancing dreams with budget. The big question always comes up early in the journey:
According to the Australian Bureau of Statistics (ABS), the average family home is a 245sqm floorplan with 4 bedrooms, 3 bathrooms and a double garage home. The average cost to build a home in Queensland is currently sitting at $450,806 as stated by the ABS.
However, that figure is just a starting point. Costs can vary significantly depending on location, home design, level of inclusions, site conditions, and other factors. The good news? With some early planning and a few smart strategies, you can confidently shape a home that fits both your vision and your budget.
Getting a clear understanding of your borrowing power and potential building costs early in the process is key to a smoother experience. Upfront planning allows you to make informed, confident decisions from the start.
Unexpected costs, such as additional site works or council fees, can sometimes arise during the home-building process. That’s why having a well-prepared budget with a built-in buffer is so important. If you find that your dream design is stretching your budget, that’s okay—there are smart ways to stay on track. Our home designs are available in a series which consists of different sizes, allowing you to choose a layout you love that still fits comfortably within your budget.
Planning ahead isn’t just about staying on track financially, it’s about giving yourself the freedom to enjoy the journey, knowing you’ve set a solid foundation.
Want to know much you can borrow? Speak to the friendly team at Loan Market Elevate
A S.M.A.R.T goal is one that is specific, measurable, achievable, realistic and has a time frame attached to it. For example, I will set aside $500 per week for a whole year to go towards my deposit.
Once you know how much you can borrow, setting a clear savings target and timeline based on your financial goals. Start by reviewing your current spending and creating a household budget. You’d be surprised how much you can save by trimming unused subscriptions or reducing impulse buys. With a clear goal, helpful tools, and consistent habits, you’re one step closer to unlocking the front door to your new home.
Working with a budget doesn’t mean you have to compromise on quality or style. With the right guidance, you can find a design that suits your lifestyle, reflects your vision, and still fits within your budget.
If you're looking for affordability, start by exploring single storey designs, they’re typically more cost-effective and quicker to build. Open-plan layouts are another great option, maximising usable space and minimising unnecessary construction costs.
Our team is here to help you select a design that’s practical, stylish, and perfect for your lifestyle, without breaking the bank.
Now is a great time to take advantage of promotions available across our Luxe and Aspire collections. These exclusive offers include valuable extras and luxury upgrades, designed to add style, comfort and functionality to your new home, all while helping you stay within budget.
Whether you're looking to elevate your kitchen, upgrade your finishes, or enhance overall liveability, these promotions allow you to get more home for less. But like all good things, they won’t last forever, so it’s worth acting early to secure the best value.
To find out how you can lock in our current offers, visit your nearest display centre and speak with one of our friendly New Home Consultants. They’ll guide you through the available options and help you make the most of what’s on offer.
Use the Clarendon Homes Online Estimate Tool for a tailored, real-time guide based on your preferences. It’s the ideal starting point—whether you’re ready to build or just exploring your options.
Find your forever home in 3 easy steps with our customisable design tool! Simply choose your favourite Clarendon Homes design, personalise it to match your style by choosing floorplan options and a facade, and download your no-obligation estimate. It’s the perfect way to see how your vision fits your budget.
Need financial advice to kickstart your journey? Speak to the friendly team at Loan Market Elevate—they’re here to help you understand your options and build with confidence.