Now is the best time to get building a new house. With the global economic downturn affecting everyone including all the building trades, smaller builders have to lower their running costs in order to stay competitive with the larger companies. The downturn will not last forever and a lot of people, who have money on hand, are building investment properties. With rental properties becoming increasingly difficult to find, medium to high density living is becoming more popular and the idea of putting more than one house or several units is becoming very popular. On a ¼ acre block a demolished house can make way for 2, 4 or 6 units and with the lower prices being offered for building products and skilled and unskilled labour, this idea is becoming more popular.

Maybe the prospect of making a tree change and moving to a rural area may be a good idea if you would like to have a less stressful life. The price rises of rural properties has lagged behind city prices as more people move into larger metropolitan areas. Imagine having a brand new 4 bedroom house on 1 acre at the same price as some old 2 bedroom house in the city with no room for any sort of outdoor activities. Again, the lower prices of materials and labour plus the cheaper rural land prices make this a real possibility. For people on a very tight budget maybe the idea of a pre-fabricated house may be the way to go. This offers the buyer a brand new “Off the shelf” house that can be placed on a vacant block of land with only minimal preparation, this also has the advantage of being picked up and moved if you want to move to a different block latter. The transportation cost of the moving these kinds of houses is relatively low and being able to build a house in a big warehouse brings the price down again.