Masterton Knock Down Rebuild

your expert guide KNOCK DOWN REBUILD

realise your dream

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You love everything about where you live — the outlook, the land, the location, the neighbours. Your whole life is there, and you don’t want to move. But the house? It’s tired, dated, and you dream of a new home. But you’re probably wondering — should you renovate or build a brand-new home? When your current home no longer fits your needs, but the location is perfect, a knockdown rebuild could be the ideal solution. We’ve crafted this expert guide to take you through the process, helping you understand the benefits, challenges, and key steps involved in transforming your property into your dream home. Your Dream Home, Right Where You Are.

Why Choose a knockdown rebuild

Benefit from our experience

Knockdown rebuild project budget

Get the true costs – take the Value Check Challenge

How long does a knockdown rebuild take

Custom design options

Key considerations

Inclusions to suit every budget

Masterton Design Centre

Demolition of existing home

Process of knockdown rebuild

FAQs

Why Choose a Knockdown Rebuild?

It often surprises people to learn that knocking down your old house and building a new one can often be easier and generally cheaper per square metre than a major renovation or building an extension.

You can have the brand new home of your dreams. One that works perfectly for you. Your family. Your lifestyle. Here’s a few more perks to a knock down rebuild:

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A BLANK CANVAS Because you’re starting with a clean slate, you’re not restricted by the original build’s outdated quality, restrictive structure or inadequate floor plan. That means no need to compromise on things that you don’t want, and pave way to the opportunity for the things you do. DESIGN A CUSTOM HOME Create a home that’s perfectly suited to your lifestyle and future requirements. Unlike a renovation, you have no constraints from an existing floor plan. A custom knock-down rebuild lets you make the most of unique lot shapes. You’ll have more control over every aspect of your new home, selecting the latest finishes and fixtures that reflect your personal style. IMPROVE YOUR RESALE VALUE Rebuilding is a popular way to enhance the value of your property and get that street appeal that could give you the edge in today’s property market. TIME SAVING Rebuilding is usually faster than renovating an entire home, because you get it over and done with in one go. With a renovation, it’s not uncommon for their being ‘something else’ to do, so it can drag on and on, feeling like it will never finish.

STAY IN YOUR IDEAL LOCATION

It’s hard to beat rebuilding your dream home where you already love living! Once your new home is built, you’ll be able to move in, already knowing your neighbours, keeping your kids enrolled at the local school and sports clubs, and most importantly staying part of the community that you’ve grown to love. SAVE ON COSTS With a knockdown and rebuild, there is no stamp duty or real estate fees like there would be with purchasing an existing property. Plus, you avoid potential hidden or unknown costs of renovating an older property.

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LATEST MATERIALS AND TECHNOLOGY

PEACE OF MIND WARRANTIES

With a knock down rebuild, you’re not dealing with old materials that have been damaged or deteriorated over the years. There’s no more electrical problems from old cabling and outdated plumbing. No more draughts through the creaky floorboards or rotted timber joists and bearers. SEAMLESS AESTHETIC You won’t need to worry about mismatched ‘renovated’ versus ‘non-renovated’ areas, or sections of your home aging faster than others. INCREASE ENERGY EFFICIENCY Build a home with modern materials and technologies that reduce energy costs and improve sustainability.

Relax with the reassurance that Masterton complies with industry statutory warranties to ensure you’re covered, like the Home Building Compensation Cover. Plus you benefit from our comprehensive post-handover warranty, including a 90-day maintenance period, and a structural warranty for added peace of mind. AVOID UNEXPECTED BUDGET BLOWOUTS AND TIME DELAYS With a knock down rebuild, you’re reducing the risk of exceeding your budget resulting from unexpected costs that arise from hidden problems during a renovation. IT’S LESS WORK FOR YOU THAN A RENOVATION Let’s face it. If you work full-time or are raising a family, you probably don’t want to be spending every free moment coordinating trades, sourcing materials, or picking up tools and attempting to DIY to save money. Plus, if you’re not an expert, it could compromise the workmanship of the home, and not meet the regulatory approvals.

Benefit from our experience.

For over 60 years, Jim Masterton’s legacy has shaped the home building industry. While we’ve evolved, our core values remain the same—family, quality, and innovation are at the heart of our 100% Australian owned business.

Through decades of growth and experience, we continue to push the boundaries, staying true to our reputation as industry pioneers.

With deep expertise in the entire knockdown rebuild process — consultation, design, council approvals, regulations, and construction—our specialist consultants are here to guide you every step of the way.

100% AUSTRALIAN OWNED & OPERATED

AUSTRALIA’S MOST AWARDED BUILDER

OVER 60 YEARS OF LOCAL EXPERIENCE

OVER 60,000 HOMES BUILT

OUTSTANDING VALUE

FREE SITE INSPECTION

FREE 7 DAY TENDER

ICIRT GOLD CERTIFIED

BUILDING DREAMS SINCE 1962

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Knockdown Rebuild project budget. Renovating your home can seem exciting, but it often turns out to be more expensive per square metre than tearing it down and starting fresh! The cost of a knockdown rebuild depends on factors like your site conditions, council regulations, and the materials and finishes chosen for both the exterior and interior of your home. To get an accurate estimate, it’s best to talk to one of our New Homes Consultants and schedule a free site inspection. They can provide a no-cost tender (something other builders may charge for) along with one of our top-tier inclusions packages. It’s also a good idea to think about any upgrades you’re considering and ask our team to include a Provisional Allowance in your tender. This way, you can see all the costs in one place.

WE’VE MADE IT EASY FOR YOU TO CALCULATE

head to our website and use our handy calculator to work out your total project costs

KNOCKDOWN REBUILD

calculator

DEMOLITION COSTS $ HOUSE DESIGN BASE PRICE $ FACADE $ TILING $ 0 ELECTRICAL $ 0 FLOORING $ 0 KITCHEN $ 0 BATHROOM $ 0 AIR CONDITIONING $ 0 SECURITY $ 0 FENCE $ DRIVEWAY $ POOL $ LANDSCAPING $ WINDOW FURNISHINGS $ TOTAL BUDGET $ 0

all included with our Ultimate Inclusions

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Get the true costs – take the Value Check Challenge. when you’re shopping for a builder, we dare you to compare! 8 out of 10 customers have chosen Masterton after taking the Value Check Challenge, drawn by the exceptional value of our Ultimate Inclusions.

Choosing the right builder for your knockdown rebuild can be tough, especially with so many options available.

While many builders advertise large cash discounts and a low base price, it often sounds too good to be true. In reality, they’ve simply reduced the inclusions in the base price to make it seem more affordable. But these are essential features you can’t do without, so you’ll end up having to add them back, driving the cost up in the end.

SO WHY COMPARE?

A cheap base price can be deceiving

Avoid surprises with added costs down the track

Quality of inclusions are not all the same

Get the best for your family

There’s no obligation, no cost to compare

Don’t wait until it’s too late!

With our extensive experience, we understand what our clients need. That’s why we’ve designed the Evolve and Ultimate Inclusions to cover the essentials—and then some. In fact, we’re so confident in the value of our Ultimate Inclusions, we challenge you to compare

with our Value Check Challenge. Download the brochure here:

How long does a Knockdown Rebuild take?

This depends on whether it’s a single or double storey, dual living or duplex, plus you need to take into consideration other variables including:

• The size of the build • Local planning approval • Council permits • Number of changes to scope • Soil conditions & rectification (if required) • Tree removal • Demolition & Site preparation including disconnection/removal of existing services (e.g. water, gas, electricity, etc.) • Where the property is located • Weather impacts during construction

For a better understanding of time frames, chat to a New Homes Consultant.

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Custom Designs: Shape your vision into your dream home. Our custom design options allow you to build a tailor-made home that’s truly one-of-a kind, designed for your lifestyle, neighbourhood and land. We all know a beautiful home when we see one, but designing one from scratch can be tricky. That’s why we’re here to guide you, making sure your new home is crafted to perfection. We listen closely to what you want, designing a home to suit you while taking advantage of your land and orientation as well as meeting council regulations.

We integrate innovative, superior quality design with affordable construction services, allowing you to build a home with unique features.

Custom designs are perfect if you have a difficult block, want to take full advantage of your site’s outlook or simply want a bespoke designer home.

We offer 3 different types of custom design:

BRING YOUR OWN PLANS If you’ve already envisioned your dream home and already developed initial plans, you might be looking for a reliable and capable builder to bring it to life. We’ll asses the viability of the plans, ensuring the design works with your block’s specifics while adding our expertise for a perfect build.

REWORK OUR PLANS Love one of our existing designs but want to make it your own? Our flexible customisation options allow you to adjust layouts, expand spaces, and add personalised features to any of our plans. We’ll help you create a home that feels just right, combining the best of our designs with your personal touch. DESIGN TOGETHER Starting from scratch? Let’s design the home of your dreams together! Our expert designers will work hand-in-hand with you to develop a plan that suits your style, needs, and lifestyle. Whether you envision a modern masterpiece or a timeless classic, we’ll guide you through the process, ensuring the final design is uniquely yours.

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Key Considerations for your Knockdown Rebuild.

When you sit down with one of our expert New Home Consultants, they will discuss several key factors that could impact your knockdown rebuild, including:

Street frontage

Drainage systems and access to utilities

Planning & regulations

Street accessibility

Setbacks & block size

Supply of power

Any existing easements

Environmental implications (e.g. ocean, bushfire, flood)

Block slope & gradient

Sound implications & neighbours

Driveway positioning

Existing pools or future pools

Take advantage of any views, sun/shade aspects

Existing landscaping, tree removal

Maximise usable space on your block

Local Planning & Council Regulations, Heritage Requirements

When building a home, it’s essential to comply with local regulations, and the same applies to demolition. Our team will create a preliminary site plan of your preferred design to ensure it fits on your block. For a more accurate cost estimate, we’ll conduct a free Site Inspection and provide a detailed tender within 7 days.

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We’re here to make your home the one you’ve always dreamed about. It’s why we’ve put over 60 years of experience to good use, personally sourcing the highest quality materials, finishes, fixtures and appliances, to add even more style and functionality to our already amazing home designs. And the best part? We see these inclusions as necessities, not extras, so they’re inclusive in our upfront price. Inclusions to suit every budget. its’ what sets us apart from the rest

It’s value like no other.

EVOLVE INCLUSIONS All the essentials you need to get started, at a price you can afford, our Evolve Inclusions are surprisingly generous.

ULTIMATE INCLUSIONS When your standards are high, and you want a cut above the rest, then look no further than our coveted Ultimate Inclusions

ULTIMATE 2 DUPLEX INCLUSIONS Tailored specifically for Duplex homes, we’ve drawn inspiration from our Ultimate Inclusions, to bring your duplex vision to life

BESPOKE BY MASTERTON Carefully curated for those with discerning tastes, our premium Bespoke Inclusions speak to the very allure of luxury.

Your new home is more than just a place to live—it’s a reflection of your personal style and the way you want to experience life. At our Design Centre, we provide you with an extraordinary opportunity to make your home truly your own. ENDLESS POSSIBILITIES From stunning countertops and elegant flooring to modern fixtures and custom cabinetry, explore a curated selection of high-quality upgrades that align with your vision. Whether you dream of a sleek, contemporary space or a cozy, timeless retreat, the possibilities are endless. GUIDED BY EXPERTS Navigating choices can feel overwhelming, but you’re not alone! Our talented interior designers and colour consultants are here to guide you every step of the way. They’ll help you combine form and function, making thoughtful decisions that suit your lifestyle while staying true to your budget. TAILORED TO YOU Every appointment is personalised, ensuring that your unique tastes and priorities take centre stage. Together, we’ll craft spaces that not only look incredible but feel like home from the moment you walk through the door. Masterton Design Centre. make every detail uniquely yours

Elevate your knockdown rebuild with upgrades that make everyday moments extraordinary at our Design Centre and create your perfect home.

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What to consider when demolishing your existing home. Just as every build is unique, so is the demolition of your existing property. You’ll need to source a suitable contractor and request a quote.

The costs will depend on a number of things:

Size of the existing home – some companies charge by sqm

Access to the property – a sloping site may require specialised machinery

Other structures to be removed, e.g. a pool, shed or standalone garage

Trees or shrubs to be cleared

Hazardous materials – e.g. asbestos or mould

Considering all of the factors, including size, accessibility, type of home and hazardous materials, the price can vary greatly. We recommend you get a few quotes, but also be vigilant with your selection to ensure they comply with building waste disposal requirements.

Did you know our founder, Jim Masterton, kick-started the trend of knock down rebuild in Australia?

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Our Knockdown Rebuild Process.

Step 1 Site Inspection WHAT WE DO:

O nce you’ve met with our Knockdown Rebuild Specialist and decided on the right Masterton home design for you, we can arrange a free site inspection and free tender to be drawn up. This will include:

Visiting your land

Assessing the costs of building

Our inspector will look at the location of services, the slope of the land, location of trees, access for trades and deliveries We will provide you with contact details to our preferred demolition company, however, you are welcome to source your own

WHAT WE NEED FROM YOU:

Your choice of favourite home design

Detailed documentation of your property or the property you’re thinking of buying. This includes the subdivision plan/site of your block, a sewer diagram and 10.7 certificate (zoning certificate from your council)

Step 2 The New Home Proposal WHAT WE DO:

A fter we’ve inspected your land our knockdown rebuild specialist will be in touch to organise a meeting where we can present your new home proposal. This will include:

Site costs (the cost to build on your specific block of land)

Council and statutory requirements

Any variations you may have requested to the standard home design

Any value packages you may have selected

WHAT WE NEED FROM YOU:

Any final changes you may require need to be made at this point

We advise you speak to your finance manager to make sure you’re comfortable with your loan approval

P ayments required: Once you accept your new home proposal all you need to get going is to pay your plan preparation fee.

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Step 3 The Contract WHAT WE DO:

W e’ll meet with you to present your plans and your building agreement for you to sign.

Prepare a full set of architectural drawings suitable for council

Sign your building agreement and provide you with a copy

WHAT WE NEED FROM YOU:

Your external colour choices including bricks, roof material, gutters, fascias, garage doors and windows. These all need to be selected so we can gain BASIX and send your plans to council.

Provide confirmation of land ownership

Provide details of your financier and loan amount

Professional landscape plan (only if council requires)

Obtain the necessary approvals for the demolition works, ready for when the time comes to demolish

P ayments required: To begin the next step in the process all you’ll need to do is pay your 6% deposit.

Step 4 Begin Colour Consultations WHAT WE DO:

Y our colour consultations are the fun part. It’s where you’ll be able to start making our house a home that’s unique to you. Our expert suppliers and in-house interior designers or colour consultants will help in selecting colours, fixtures, appliances and everything needed to make your home a reality.

WHAT WE NEED FROM YOU:

Stage One of the colour process

A ppointments to be completed first with our external suppliers so you can choose the following:

Flooring

Kitchen design, layout and appliances

Optional choice of window furnishings

S tage Two of the colour process

Y our colour selection consultation will be held with one of Masterton’s expert interior designers or colour consultants at our offices to decide on:

Security Alarm

Stairs – both internal and external

Air-conditioning

Bathroom fixtures

Kitchen fixtures

Both internal and external doors

Skirting boards, architraves and cornices

Internal paint colour

Stage Three of the colour process

Y our final meeting will be your electrical consultation where you will choose all electrical finishes including:

Power Outlets

Light fittings

Two way switches

Exhaust fans

E ach stage of the colour process needs to be completed before the next can begin.

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Step 5 Pre-Construction WHAT WE DO:

We do the hard work for you

W e’ll obtain reports from relevant suppliers and deal with all the complex paperwork before lodging a building application to the relevant council/ certifier on your behalf. Obtain all required reports which may include; thermal report, BASIX report, hydraulic report, structural engineering report, water board approvals, landscape plan, bushfire reports, acoustic reports etc. Occasionally additional reports may be needed from you.

Seek the approval of your local authorities to commence

Organise for a pegout survey

Provide you with information on what you need to do to prepare for construction

WHAT WE NEED FROM YOU:

Your completed colour selections

Provide a letter from your lender saying building can commence

Any other required documents indicated by your PCC

Source your Demolition quotes and clearance certificates

Sign and return our validation letter and construction plan

Step 6 Construction WHAT WE DO:

Now it’s time to watch your new home coming to life before your eyes.

Our site coordinator will assess your site

We’ll send you a copy of the approved construction plan. We’ll also let you know who your construction supervisor and customer service coordinator Now it gets really exciting as we begin site works including excavation, piering, pouring of the slab, frame delivery, brickwork and tiling We’ll organise all mandatory inspections by third parties including the final inspection by the certifier and organise for all relevant documentation the certifying authority requires from Masterton

WHAT WE NEED FROM YOU:

You can request a site visit through your supervisor at numerous stages

A final walk through of the home where your supervisor will present you with the finished design When you source your occupation certificate all that’s left to do is move into your brand new home

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Step 7 Welcome to your new home WHAT WE DO: T he moment has finally arrived! Upon settlement, we’ll meet and present you with the keys to your new home. As you walk through the door for the first time, your dream will become a reality.

B ut our relationship doesn’t stop there. As you’re settling in and enjoying your new home, our team is still here to help you.

A s your new home ‘settles’, it is completely normal for some areas of your home to require additional attention. That is why our dedicated team will be available when you submit your 90 days warranty claim to conduct our new home service inspection. It’s just a little thing we do to make sure you have complete satisfaction with the final result of your home. WHAT YOU NEED TO DO: Source your occupation certificate, including (but not limited to) completing driveway and landscaping requirements, etc.

FAQs

HOW MUCH DOES A KNOCK DOWN REBUILD COST?

Ultimately, the cost of a knockdown rebuild is dependent on your needs, tastes and budget, so it’s difficult to accurately predict a cost.

Specific factors to be scoped are the demolition costs for the existing property (especially if there’s asbestos present), site costs, build costs, and which design features you’re planning to upgrade. There may also be additional soft and hard landscaping required to finish the project. Our handy knock down rebuild calculator is a great way to start scoping the estimated costs of your knock down rebuild project and will help identify some of the broader hidden cost involved in your knock down rebuild.

HOW LONG DOES IT TAKE TO KNOCK DOWN AND REBUILD?

The time it takes for knockdown rebuild varies from project to project, and each stage has unique variables that could affect the outcome. For example, during the design phase, the more changes made means it slows down the preparation for approvals prior to contracts. During the construction phase, inclement weather conditions may cause delays. But while the timeline varies depending on the type of house, we work on 12-14 month build time for a double storey. This excludes the design and approval stages and as well as the demolition.

CAN I KEEP MY CURRENT LANDSCAPING, POOL AND GARDENS?

As each knockdown rebuild is unique with its requirements, whether current landscaping can be preserved depends on the location and amount of space that is available around the construction area. We need to keep in mind that space will be required for things like, bringing in machinery for the build and storage of materials and waste. If you have an existing pool, our knock down rebuild specialist can help you with designs that may allow you to keep your current pool or if it will restrict your building options. Generally speaking, a clearance of 1.5m from the build area to the coping of the pool is required to allow room for construction. The pool will need to be fenced off and covered to avoid any risk of damage. This also applies to any existing features, such as a significant trees or other landscape features you would like to retain. These factors may impact the final house plan and the construction.

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ARE THERE ADDITIONAL COSTS IF WE ARE BUILDING OUR HOME IN A FLOOD, BUSHFIRE ZONE OR ON A HERITAGE LISTED SITE? Most likely – this is dependent on your local council and the requirements of your 10.7 certificate. We can identify these costs in the tender if you progress with a free site inspection.

WHAT ARE THE PROS AND CONS OF A KNOCK DOWN REBUILD OVER A RENOVATION?

Rebuilding a home can have a number of advantages over renovating – it can give you a clean slate and the ability to design a new home how you want it, as well as potentially having a quicker turnaround time than a renovation. You will also be able to build a home with new materials, and take advantage of structural warranties. Of course, there are also some disadvantages – you’ll need somewhere to live while the renovations are being carried out, and you’ll need to be careful you don’t contravene local zoning regulations or heritage listing requirements.

WHAT ARE SITE COSTS?

Site costs are the costs required to build your home on your specific block of land. These costs can be significant and beware, as not all builder’s estimates and tenders include your site costs. Site costs include, but is not limited to leveling out your land, and preparing services and connections for gas, water, sewer, stormwater, power, NBN, traffic management, BASIX and payment of fees to name a few.

Our base price includes standard site costs (excludes Duplex). Refer to our Inclusions brochures for more details.

WHAT ARE THE PROS AND CONS OF A KNOCK DOWN REBUILD OVER A RENOVATION?

WHAT ARE SITE COSTS?

Our base price includes standard site costs (excludes Duplex). Refer to our Inclusions brochures for more details.

DO I NEED TO ORGANISE DEMOLITION?

Yes, demolition is the responsibility of the owner, however to simplify things, we can refer you to a respected and trusted demolition company who can take care of this stage for you.

WHAT IS DEMOLITION COST?

The cost of demolition can vary depending on the size of your home, the materials used in the build, and whether your home has Asbestos. You are best to contact the demolition company you choose to use for a clear indication of the cost involved.

WILL THE TENDER INCLUDE TREE REMOVAL?

No, if you wish to remove established trees, you need to apply for a permit through your local council and arrange for an arborist to remove them. We can guide you on whether this will be required due to the proximity of the trees to the new home. Removal must be arranged before we can commence any site works.

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WHAT PAYMENTS ARE REQUIRED ONCE CONSTRUCTION STARTS?

This will be dependent on your payment method and the bank of your choosing. There are 6 progress payments, and payment is only required after each construction stage is complete.

DO YOU PROVIDE DRIVEWAYS?

No, we don’t, but we can refer you to someone in your local area.

DO YOU PROVIDE LANDSCAPING?

No, we don’t, but we can refer you to someone in your local area.

CAN I CHANGE THE FLOOR PLANS?

Yes! Generally speaking we are flexible in customising our floor plans to suit your land, your family, your lifestyle, and your budget.

HOW DO I FINANCE A KNOCK DOWN REBUILD?

Usually, people finance a knock down rebuild with a construction loan. They’re specifically designed to deliver finance to match the milestone payments required during the construction process. Alternatively, you could use the equity in your existing home (i.e. the value of your home, less how much you owe on your mortgage) , or a line of credit. If you need to chat to someone about financing your home, you can speak to our partners at the Home Lending Hub at Masterton. Just ask your New Home Consultant for more information or submit your inquiry below.

WHAT’S INCLUDED IN MY TENDER?

• Base price (includes standards site costs excluding Duplex) • Facade price • Additional site costs required for your land to meet council and statuary requirements • Design variations • Any optional upgrades you choose

WHAT PAYMENTS ARE REQUIRED ONCE CONSTRUCTION STARTS?

Once we commence construction (after the contract signing), there are 6 progress payments as per the standard HIA contract.

LET’S BEGIN YOUR KNOCKDOWN REBUILD JOURNEY TODAY CREATE THE HOME you’ve always always dreamed of!

1300 44 66 37 | sales@masterton.com.au | masterton.com.au

Images in this brochure may depict items not supplied by Masterton which include, but are not limited to, landscaping, pathways, driveways, decks, pergolas, fencing, letter boxes, pool, water features and BBQ. Images may depict upgraded items which include, but are not limited to, fireplaces, window furnishings, light fittings, floor coverings, alarm systems, air conditioning, doors and feature tiling. Alternative facade upgrades available. No applied finishes are included such as render, moroka, bag and paint, stack stone or tiles. These are optional upgrades. Masterton reserves the right to revise plans, specifications and pricing without notice. All plans and images are subject to copyright protection. Please speak with a New Home Consultant for more information. © Masterton Homes Pty Ltd ABN 52 002 873 047 Business Licence 35558C. MHKDR 04-25

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