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Depends on what you want. But either way if you get them to use a standard HIA contract, you're covered for unexpected delays. Alot of the major builders let you make subtle chnages to their designs, an architect designed one will undoubtedly cost more.

I dont understand how you think reality is not what the contract states? This is why we have contracts and you must assure that the specific section is represented by an appropriate figure. I.E. the figure represents what typically the developer would be at a loss if constrction were to be...

"1. higher risk as costs could blow out (ie. building delays etc...)" Most builders offer fixed cost, set time contracts. Any blow out is their loss, and longer time to build they pay you a penalty equal to comparative rent for area. Typical HIA contracts do anyhow. I cat see many +'s for...

Is "likely" an Investment stategy? Sounds like "hope"ful thinking..lol

This is an accounting question as I asked "is there anthing missing" I.E. accounting wise can we claim more the first few years for a newly built house compared to an existing residence.. sorry i should have spealt it out better for you..

If you get a fixed price contract generally the builder pays all costs except phone connection and crossover driveways. So price blowouts are their expense.

Any interest and costs associated with the building scenario are claimable against the rent for that year. Even if nobody is in it yet. There is a Public Ruling for it at the ATO. So all interest and costs to get it to the rentable state are claimable.

Wish for some ideas on which is better: 1. building and IP in an area where once finished i can get 10-20% greater valuation once all costs have been included (on current prices) over 10mth building period. Cost is about $340k for a 4 bed, 23 square house. 2. buying an IP and hope the...