First Home Buyers Guide
First Home Buyers
Everything you need to know about buying your First Home
Take the guesswork out of buying your first home with our step-by-step first home buyers guide. From navigating the First Home Loan Deposit to understanding the building process, stamp duty and everything in between – Coral Homes has done the legwork for you.
Second guessing the world of First Home Buyers?
Take the guesswork out of buying your first home with our step-by-step guide. From navigating through the First Home Loan Deposit to understanding the building process, stamp duty and everything in between – Coral Homes has done the legwork for you.
Find your perfect home
Build or buy - which is better?
When trying to get onto the property ladder for the first time, every Aussie family is met with a choice: do you buy an existing house or build a dream home from scratch? With over 30 years of experience under our belt and having been trusted by over 25,000 Australians to build their family home, we believe we’ve got some insights that might help.
Your dream, your design
Have you ever seen your dream home online and thought, “If only I could…”? When you choose to build your first home with Coral Homes, you can. Designing your home means it’s uniquely yours, reflecting every little desire and need. Plus, with our large range of home designs, finding the perfect fit is simple.
Unbeatable value
At Coral Homes, we provide a brand-new home you’ll love, that’s outstanding value for money. Our homes are packed with standard inclusions, so you’re not shelling out extra thousands on upgrades later. Think of it as getting the on-trend home features you love, without the added pricetag.
Trust in quality
Sure, old homes have their charm, but with age can come unforeseen problems and costs. On the other hand, every Coral home undergoes an independent quality inspection as part of our stringent seven-step quality assurance process. That’s us ensuring your home isn’t just beautiful; it’s top-notch in quality too!
Transparency from day one
Got questions? We’ve got answers. And we’re not just talking about the build. From our open pricing policy to every query you might have, we’re transparent right from the get-go.
Award-winning trust
At Coral, we’re backed by industry recognition. Being a two-time winner of the HIA Professional Major Builder Award and holding the mantle for customer satisfaction in 2021 & 2022, we’re an award-winning builder you can genuinely count on.
While buying an existing home can offer quick solutions, building with Coral Homes ensures your new home is uniquely yours, while being equipped with modern efficiencies and exceptional value.
After all, why settle for someone else’s dream when you can build your own?
Top First Home Buyer Designs
Why Coral Homes?
When you’re looking for a trusted home builder to build your first home, you want one that combines experience with an unwavering commitment to the everyday Australian. Here’s why you should choose us:
Built on trust, since 1990
Over 25,000 Australians have placed their dream home in our capable hands. With more than three decades in building first homes, our longevity is a testament to our consistent quality and service.
Financial stability in a booming market
Our approach means we accept deposits in alignment with our capacity, ensuring our commitment to your dream home.
Exceptional value for money
We're not just about building first homes; we're about providing unbeatable value. Our promise? Comprehensive standard inclusions that mean fewer upgrades and more savings for you. After all, we believe you shouldn’t have to splurge later on what should be expected from the start.
Award-winning excellence
Being a two-time recipient of the HIA Professional Major Builder Award, we're equally humbled by our back-to-back wins on Product Review for customer satisfaction in 2021 & 2022.
Transparent pricing with no surprises
Your budget isn’t a game and we treat it with respect. Our open pricing policy and easily accessible quotes mean you're always in the loop.
Commitment to quality
Each home is a culmination of dedication and an intricate seven-step quality assurance process, including independent inspections. This isn’t just about ticking boxes; it’s about crafting spaces families can thrive in.
Post-build support with a robust warranty
Handing over the keys doesn’t mean our relationship ends. Our robust Service and Warranty Program ensures you feel supported and valued, long after the construction dust has settled.
When it comes to your home, you deserve the best. With Coral Homes, you’re not just choosing a builder; you’re choosing an award-winning partner dedicated to bringing your dream home to life. Experience the Coral Homes difference today.
The First Home process
Building your first home with us is easy. You just follow our Standard Process, which looks a little something like this:
1
Research
Let the journey begin!
Whether you are looking for some style inspiration or your dream home – our website and display homes are the perfect place to start mapping out your home building journey.
Our experienced New Home Consultants are on hand to answer any questions along the way and if you’re looking for land to fit your dream home on, we’ll help source the perfect block.
Best of all, when you choose an eligible house and land package, we can provide you with a fixed price quote, before you pay any money. We can look at the best siting options for your home whilst addressing developer guidelines. This is a great way to ensure you keep to your budget by providing peace of mind up front.
2
Pre-Site Process
Once you have decided on your dream home and location, you’ll receive a personalised free estimate, followed by a preliminary agreement of your new home and tender.
When you are happy to proceed, your full working drawings (plans) and HIA contract will follow.
Now it is time for the real fun to begin – selecting your colours! At the selection stage you’ll make choices suited to your own style and flair. Be it tiles, paint, electrical layout and more, you’ll be spoilt for choice in our showroom.
Following your selections, we’ll finalise all your paperwork and ensure all the relevant approvals are completed to commence construction. This is a pivotal step in the beginning of building your new home!
3
Construction process
Time to see it all come together. After a site start date has been issued, your Building Supervisor will then become your primary point of contact. Your Supervisor will contact you to arrange a meeting on site where you will discuss the construction of your new home and from there on, provide you with a weekly update on the progress of your home.
The construction process comprises, the house base, frame, external linings and fixing and finally practical completion. Once these stages are complete, you’ll attend your final walk-through inspection to clarify any outstanding items. After all the key milestone stages of building your home are completed, you are at the handover stage where you receive the keys to your dream Coral home!
4
Aftercare
To help you settle in and provide additional peace of mind, we will provide you with a Service & Warranty Program after handover. We will fix any of the minor items which may occur as a result of your new home settling.
Your home is also covered against structural damage by a statutory Builder’s Warranty for a period of 6½ years in QLD and 6 years in NSW.
Coral Homes partners with all the leading building suppliers, meaning we incorporate the highest quality inclusions in your new home and each of which comes with its own manufacturer’s warranty.
For more information visit the Service and Warranty section of our website.
First Home Buyer advice
We’ve helped thousands of Aussie families create their dream home. With over 30 years of experience, we’ve seen it all, and we want to share our knowledge with you. So take a look at all the first home buyer advice we’ve garnered over the years.
First Home Buyers tips and tricks
First Home Buyers tips and tricks
Choosing Between a Single-Storey and Double-Storey Home
First Home Owners Grant (FHOG) NSW 2023
First Home Owners Grant (FHOG) QLD 2023
Unveiling our NEW Yarrabilba display homes
Top 5 must-haves when building a new home
7 Key questions you need to ask when buying a new home
How to get that display home look
House & land packages: What to look for
First time building? – Let us educate you!
Some like it hot: 6 tips to secure property in a scorching market
First Home Buyers Grant
Learn more about what government grants and incentives you’re entitled to and build your dream home sooner!
Building Process
From Express to Contract, Standard Process or a Knock Down and Rebuild project, each unique build journey is catered to individuals, couples and families of all sizes.
First Home Buyers FAQs
Have a question? It may have been answered in our most frequently asked questions page. Check out our First Home Buyers FAQs for more!
Latest Offers
At Coral, we’re all about making beautiful homes afforable for Ausralian families. Check out our current offers for the latest offers, upgrades and inclusions.
Budgeting
Saving for a home deposit can be tricky. Here’s how to create a budget that works with a construction loan.
Building a Home Checklist
It’s important to have a clear plan and pathway to your dream first home. Don’t miss a thing with our handy checklist.
First Home Buyers FAQs
House and Land Packages Available
How do I know Coral Homes is the right builder?
Choosing a new home builder is a big decision, which is why you can’t go past Coral’s affordable prices and unbeatable value. With over 30 years experience designing and building dream homes for over 25,000 Australian families, Coral is a builder you can count on. Plus, we have a stringent seven step quality assurance process to ensure we build each and every home to the highest of quality. Finally, we have been voted by our customers on the independent review website Product Review as the best builder for 2021 and 2022, and by industry experts at the Housing Industry Association as Queensland’s most Professional Major Builder of the year for 2020 and 2021. Need more convincing? Click here to find out more about why we are one of Australia’s leading home builders.
Why build a new home?
There are several benefits to building your first home. You can design your home so it’s exactly right for your lifestyle, enjoy all the latest modern features and technology, save money on energy, save money on maintenance, and most importantly – you get to pick the location! Read our blog about the benefits of building new over renovating if you would like more information.
What if I already have land?
If you already have your land secured, all that’s left to do is decide on a home that best suits your needs. Our New Home Consultants can advise you of the best home design to suit your block of land, budget and lifestyle needs. Browse our range of home designs to get started.
What if I don’t have land?
No problem! We can put together a custom house and land package for you that ticks all the boxes. All we need to know is what you are after – and we’ll take care of the rest. Check out our house and land page for more information. There are many benefits to choosing a house and land package, including saving money by only paying for stamp duty on the land, a streamlined process with approvals and paperwork and we can provide you with a fixed price guarantee.
Request a custom House & Land Package for your chosen home design
Disclaimer: *To find out more on the the First Home Owners’ grant in Queensland click here or for New South Wales click here.
Facade image may depict features such as landscaping, timber decking, furniture, window treatments and lighting which are not included in the package price or which are not available from Coral Homes. Floorplan is indicative only, conceptual in nature and subject to change. Floorplan may depict fixtures, fittings, features, finishes, inclusions, furnishings, vehicles and/or other products which are not included in the house design, not included in the package price and/or not available from Coral Homes. *Price shown is based on Coral homes price list of your chosen region. Price shown does not include stamp duty, registration fees, additional amounts payable in respect of variations to the house design requested by the buyer or any other incidental fees associated with the acquisition of the land and home. Plan is subject to approval by the Principal Developer and Local Authorities. Additional costs may apply for bushfire, acoustics, N3, easements or additional covenant requirements and retaining walls. Coral Homes reserves the right to withdraw this package at any time, prior to entry into a contract, without notice. For full terms and conditions in relation to all our current offers including further information on offer inclusions click here. QBCC 50792/1014053, OFT NSW 62084C, BLD260339.
