FREQUENTLY ASKED QUESTIONS
The process of buying land and building your new home can sometimes seem like a daunting process. Don’t worry, you’re not alone. We’ve put together a list of some of the most frequently asked questions that will hopefully provide an answer to some common concerns. Feel free to get in touch with our Land Sales Consultant if you have any other questions.
How do I secure a block of land?
A small deposit secures your block. A contract is then forwarded to your solicitor (if you don’t have one we can recommend one). At the same time you can select a builder to prepare a tender/builders contract. The land is then exchanged and settled into your name and the building process starts with your builder.
How long does it take to build a home?
It usually takes 8-10 weeks to obtain Council approval (your builder will do this for you) and approximately 6 months to build. Get in touch with Lismore City Council for more information on Council approval.
How do I know what the new home will end up costing?
Your builder will give you a fixed price tender.
What builder should I choose?
There are many project builders that will build on your land. Check with the Office of Fair Trading first to see if they are licensed and then inspect their display homes. When you choose your home, ask the builder to prepare a written tender to build the home on your lot or you can select from our House and Land Packages.
What about finance. Who can help me with this?
Most banks and building societies will assist with lending for land and then houses. Our Land Sales Consultant can help you with this enquiry.
Do I have to build straight away?
No. You can build when you want to.
Are there any covenants on the blocks?
If there are, they are details on the plans we give you and included within the Section 88B instrument contained within the contract, your solicitor should review this to provide further advise if required.
Do the blocks have sewer and power?
Yes. All the blocks in the estate have services such as water, sewer, power and highspeed internet via the NBN network.
What about bushfire restrictions?
Every block of land in New South Wales is now classified by the Rural Fire Service with a rating of 1, 2 or 3. Each block in Eastwood has different ratings to protect you and your home from bushfire risk. For more information contact Lismore City Council.
What type of soil is on my block?
Every block in Eastwood will receive a classification by geotechnical engineers. To obtain the report, when available simply visit the Land For Sale section (coming soon) on this website and click on the Geotech Report link under the relevant stage.
Are there house and land packages?
Yes there are a number of house and land packages designed for various blocks within the estate. You can also choose your own block and your own builder to package up your home. We can assist you with this process. You’ll soon be able to view available packages on the House & Land page.
Are there any Government Grants available?
You may be eligible to apply for one of the following NSW Government grants:
- First Home Owner Grant (New Homes) Scheme
- First Home Buyers Assistance Scheme
Visit www.osr.nsw.gov.au/grants for more information.
Is your builder a member of the Housing Industry Association (HIA)?
An HIA member check can be made by calling the HIA consumer hotline on 1902 973 555. HIA can advise the member’s status and whether their membership is current.
HIA can not provide information as to the member’s building history. This information can only be provided by the relevant government department such as Consumer Affairs or a building authority.