Free up your equity by downsizing...

A couple looking at downsizing to another home and releasing some equity in their home and land with a knockdown rebuild solution.

Location: Nunawading
Owners: Mr & Mrs B
Property size: 708 M/2
Valued: $600,000
Knockdown old home cost: $14,000
Subdivision and planning: $20,000
Rebuild description: Rebuild two double story new homes 19 S/Q
Rebuild cost: $505,000
Total cost of the knockdown rebuild: $539,000

Outcome: Add value of existing home and land $600K + new home build costs $539K = $1,139,000. New homes valued at $690,000 x 2 homes $1,380,000
Gross profit: $241,000

Some real life knockdown rebuild scenarios.

Cash in and retire...

A couple in their early 60s and looking to cash their home in and move interstate for retirement. read more...

Free up your equity by downsizing...

A couple looking at downsizing to another home and releasing some equity in their home and land with a knockdown rebuild solution. read more...

Knockdown and rebuild your dream...

Mr & Mrs V are in their early 40s have three children in a smallish home and are looking for a tree change so a knockdown rebuild solution would give them enough to purchase that new dream home in the country. read more...

Retire without money worries...

Mr H is in his late 60s and wanting to retire and travel around Australia after his knockdown rebuild and not wanting to have any money worries. read more...

Sell one and rent the other...

Mrs C is in her late 40s has inherited this property and wants to develop the property by selling one of the new homes and rent out the other for a passive income. read more...