Land + Construction

Land + construction, sorted into one calm process.

Buying a vacant block, building on it, or both at once. We structure the land loan and the construction loan into one file, with progress payments handled cleanly.

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Is this you?

Who this path is for.

You’ve found a block of land

In a new estate or established suburb, and need a land loan.

You’re building from the ground up

House-and-land package, or vacant block plus separate builder.

You’re knock-down rebuilding

A construction loan on an existing title.

End-to-end

What we’ll handle for you.

  • Land loan — for vacant blocks, sometimes with a time to build condition. We’ll match you to a lender whose conditions fit your timeline.
  • Construction loan — drawn down in stages as the build progresses. We structure the facility, file the progress payment requests, and coordinate with your builder so you don’t have to.
  • Progress payment management — slab, frame, lock-up, fix-out, completion. Each draw needs a builder invoice, sometimes a valuation, and lender sign-off. We run that process.
  • House-and-land package coordination — single contract or two-part contract, your conveyancer and we will work out which works best.
  • Lender selection — only some of our 40+ lenders are good at construction lending. We know which ones move fast, which are flexible on builder lists, and which to avoid for owner-builders.
  • Pre-approval before you sign with the builder — so you know your numbers before the contract is locked.
Australian house construction site with timber framing

The Path Through

Three steps from block to keys.

Land first, build second

If the block isn’t yet bought, we structure a land loan, settle, then transition to a construction loan once your builder is locked in.

Construction loan facility

Set up as a single loan with a “limit” — drawn down in stages. You only pay interest on what’s been drawn, which keeps holding costs low during the build.

End-of-build conversion

Once the build is complete and the final inspection passes, the construction loan converts to a standard home loan. We can refinance at this point if a sharper rate is available.

FAQ

Common questions.

Yes — most land loans don’t have an immediate build requirement, though some do (especially in new estates). We’ll check the specific block’s conditions and match a lender to your timeline. Many clients buy the block and take 1–3 years before building.

No — and this is the best part. You only pay interest on what’s been drawn down. So in month one (slab stage), interest is only on the slab payment. By the final stage, interest is on the full amount. It keeps holding costs much lower than a standard loan.

Directly to the builder, after the lender’s check (and sometimes a valuer’s sign-off on the stage being complete). You don’t need to pay anything out-of-pocket and re-claim — the builder is paid by the lender on your authorisation.

Most construction loans give you 12–18 months from first draw to complete. If the build genuinely runs over, the lender can usually grant an extension — but it’s a real conversation. We’ll set you up with a lender that’s flexible on this.

Possible, but the lender panel narrows considerably and the loan-to-value ratio is usually lower (you’ll need a bigger deposit). We’ll know which lenders accept owner-builders and what they require.

Typically 5–20% depending on the lender, your situation, and whether FHGS applies (FHGS can apply to land + new build packages — eligibility-dependent). We’ll confirm exactly what’s needed for your scenario.

Run a Number

Estimate your land + construction borrowing.

Combined borrowing power and stamp duty (state-aware — most states have different rules for vacant land vs new builds).

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Estimates only. Actual borrowing capacity and stamp duty depend on the lender, your circumstances, the build contract, and current rates. Talk to Akshay for a personalised assessment.

Real client outcome Placeholder

Land + build, FHGS, family in by Christmas.

The brief

Young family, $815k house-and-land package in Werribee. First Home Guarantee eligible. Land settling in 6 weeks, build commencing 4 months later.

The outcome

FHGS-applied land + construction facility with a lender who handles progress payments well. Pre-approval signed off before they locked the builder. Slab payment cleared on day one of build. Family moved in 11 months later.

Other paths we help with

Buy a Property First Home Buyer Buy an Investment

Three ways forward

Land, build, or both — let’s plan it.

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