FAQs

Stamp duty is a tax from the government applied to certain purchases. Paying stamp duty is mandatory when buying a home, land or an investment property. By purchasing a house and land package, you can minimise the stamp duty you need to pay.

At Coral Homes, we only require you to pay a deposit once you are 100% happy with your free estimate and are ready to move forward to the next stage. We’ll then prepare a preliminary agreement that includes a fee of $2,500. This fee allows us to produce the necessary reports on your land, to provide you with a contract and ensure you have complete peace of mind and transparency.

Please speak with your financial institution or a broker for financing options for a construction loan. We highly recommend that you gain pre-approval for your loan before signing any documents to proceed with building your new home. This is one of the key reasons why we provide you with a free estimate upfront. You can start talking to your bank or mortgage broker around your borrowing capacity early on.

You will have a specialist dedicated to you at each key stage of your new home journey. At the initial stages, your New Home Consultant is your best point of contact and will professionally guide you through the process. Once your contract is signed, you will be assigned a Customer Relationship Coordinator, who will guide you through the pre-site process including council applications, colour selections and any applicable variations. Once this process is complete, you will reach the most exciting phase of the journey. At the construction phase, you will be assigned an experienced Building Supervisor who will continue you on the journey to moving into your new Coral home. After handover, Coral’s service and warranty department will step you though the process to ensure any issues are quickly and professionally rectified.

We would welcome the opportunity to meet you onsite to work through your build requirements. Please reach out to your New Home Consultant and they can organise a time to get together and go through any specific requirements.

A covenant is a document put in place by the land developer to ensure a minimum level of finish is delivered to each home in their estate. This protects you, the buyer, and ensures that the quality of the estate is maintained long after the developer has left. Our New Home Consultants are very proficient in covenant requirements for their specific location and can include the items required to meet covenant in your estimate.

Our designs are suited to slab on ground construction and we do not cater for split level designs. You can however undertake earthworks and retaining walls and we may be able to facilitate your build in some instances. The best way to find out is to speak to a New Home Consultant and provide them with details of your block of land.

With Coral Homes extensive knowledge of building we can in some instances provide fixed pricing upfront without the need for soils tests and contour surveys and other reports generally required to provide a fixed price. This means you can rest easy knowing that your site costs have been locked in prior to access being available to your block of land.

Building your new home is all about you! We can include as much or as little as you require in your new home estimate. We would prefer to customise the estimate to include your specific needs, rather than including items that you may not require in your new home.

Coral Homes builds in many locations and councils. As all council fees, regions and land have differing requirements, pricing does vary. We believe in being open with our pricing, so once you have selected your preferred design, location and block of land, one of our experienced team members will assess your proposed build location and then provide an obligation free estimate.

With multiple home designs available that suit varying block types and client requirements, we are hopeful you can find a design that fits your family. If you'd like to make some minor tweaks to the design, your New Home Consultant can talk through your options. In many instances we have pre-designed and pre-priced options on designs that may even capture your requirements.