The Process of Building Your New Home
Once you settle on your block at Panorama, you will be in a position to start the process of building your new home.
While each builder has their own purchase and design process, there are six key steps you can expect to encounter as you commence the construction of your new home. Here’s what you need to know.
Step 1: Initial deposit
2 - 8 weeks
Once you’ve chosen your builder and selected a home design, you’ll be required to pay an initial deposit. This deposit will secure the base price and inclusions of your home design. Your builder will provide a written estimate and communicate any additional costs for the façade, added features or floorplan adjustments.
Step 2: Colour selection and upgrades
2 - 4 weeks
This is often the most fun and exciting part of the building process. You’ll select the colours and materials for your home’s internal and external features, as well as decide on upgrades or structural changes.
Step 3: New Home Tender
2 weeks
Most builders will provide you with a new home tender, which is a document that gives you the opportunity to check all your requests have been included before you sign the contract.
Step 4: Contract signing
2 weeks
Once you have accepted everything outlined in the new home tender and signed your approval, you will proceed to contract signing.
Learn more about what to look out for when signing a building contract here.
Step 5: Permits and approvals
2 - 4 weeks
Before construction can commence on your lot, your builder must obtain all the relevant and required permits and approvals. These include:
Design approval from the Panorama Portarlington Design Panel (PPDP).
Building permit from Council.
Step 6: Commence construction & progress payments
6 - 9 months
Throughout the construction process, you’ll be required to make progress payments to your builder at specific stages.
Initial deposit
Base stage
Frame stage
Lock up
Fixing stage
Practical completion
Read our Settlement Guide for more information about your upcoming settlement process at Panorama.
