FAQs

• Is absolutely everything included in the price?
• How does the building/buying process actually work?
• How about finding good tenants?
• Can I make changes to the house design?
• All your house dimension are in square metres. How do I convert square metres into the old 'squares' measurement?
• Why build and not just buy an existing house?
• Why OHL Group?
• Can I afford an investment property?
• Can OHL Group organise finance?
• How about valuations on the package?
• How does the cashflow work?
• What is the timeframe?

Is absolutely everything included in the price?

All council planning and application fees, connections of local services (i.e. water, sewerage, electricity) For a full list of inclusions see Building Specifications. Basically everything that you would expect in a turn key package is there - dishwasher, window furnishings, TV aerials, ceiling fans, letterbox, clothesline etc etc. The only ‘hidden cost’ is the phone connection charge fee from your nominated Telco. This will be charged to you /or your tenant upon occupancy.

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How does the building/buying process actually work?

Please click on the Buying/Building Process page for a full, step by step summary of this process.

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How about finding good tenants?

• OHL Group have strong alliances with established, professional  Property Management companies that are located within close proximity to your Investment Property. We offer 'Property Management Packs' including rental appraisals and contact details from two Real Estate Companies.
• Our property managers consistently get favourable reviews form our investors and their respective industry bodies. They are aware that their our referral system is subject to annual review which is contingent upon strict performance measurement criteria.
• Please note that clients are not obliged to use their services. If you already have your own preferences you are most welcome to act upon them.

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Can I make changes to the house design?

All the internal plans are pre designed, engineered and costed, which enables us to deliver the product at a lower cost base. Depending on pre-existing house designs in your immediate vicinity, it may be possible to place an alternative house design on a nominated block. This will be subject to careful siting review by OHL Group.

Other than that, we don't allow changes to our existing plans.

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All your house dimension are in square metres. How do I convert square metres into the old 'squares' measurement?

If you divide the size in square metres by 9.3 you will have the equivalent in 'squares'.

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Why build and not just buy an existing house?

• You are getting a brand new product under warranty –- no immediate maintenance issues
• Massive stamp duty saving - approx. $12,000 for the average house & land package
• Fully depreciable  - putting u pto an extra $70 cash back in your pocket each week
• Being brand new has higher appeal to potential tenants
• It can enable instant positive cashflow and equity. Read more about positive cashflow.
• Only pay stamp duty on land

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Why OHL Group?

• Having been through the building process literally hundreds of time, our team has focused on investors and their needs and assumed you have better things to do that go to carpet, tile, laminate and bathroom stores and constantly monitor the building process. We have streamlined those processes and where appropriate made them available online for you. Included in our packages/service are:
  1. Sourcing Land
  2. Provide Investor Level House Designs
  3. Provide Optimum House and Land Packages (best combination)
  4. Provide indicative Rental Appraisals
  5. Provide Independent Research on current statistics on sales, rentals and growth in selected suburbs
  6. Organise contracts for both the Land and House components
  7. Provide selection of colour boards as developed by an interior designer
  8. Provide Regular Updates on the progress of your home
  9. Provide Depreciation Schedule
  10. Organise Independent Building inspection prior to final completion of house
  11. Introduce you to a Property Manager (if required)
  In General
• We only focus on locations that will be experiencing massive population growth in the short to long term with lower than average vacancy rates – factors which impact well on capital growth.
• Within those areas, we constantly monitor the demand across the numerous land estates. In summary, we only secure blocks in estates that have the highest demand and strongest turnover. Most of our clients adopt a long term buy and hold strategy .If plans change and there is requirement to on sell the investment, being at or below median price in an estate that is in high demand provides the greatest opportunity for profit in that situation – whether it is in 1 year or 10 years time.
• Due to being in the industry and having established good relationships with the land developers, we are also fortunate to be able to hand pick the blocks before they are offered to the general public – hence no challenging or difficult blocks.

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Can I afford an investment property?

This decision is for you and your financier to resolve.

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Can OHL Group organise finance?

We have affiliations with leading mortgage brokers with expert local knowledge. If you require the services of an expert in construction finance, please take the time to complete the enquiry form with and you will be contacted by one of our affiliate brokers within 48 hours.

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How about valuations on the package?

• Assuming you are using borrowed funds, your financier’s local representative will want to view a full set of building plans and specifications and land details for valuation purposes.
• They are aware of building and land costs and will go through their normal processes to ensure your (and their) money is being well spent.
• Typically the valuation for the construction loan will simply be the combined price of the house and land contract.
• The valuation on completion is the time to get excited, as this indicates the equity that has been created in the project.

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How does the cashflow work?

Please take a moment to review this generic cash flow table. This example relates to a $300,000 package - $100,000 land and $200,000 house. Note that these figures will change according to the specific value of your package.

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What is the timeframe?

• From the time you sign the contracts to the time your property manager/landlord get the keys to your new home is approximately 9-12 months.
• The 3 major impacts on this time frame are:
  • the time of year the building works are scheduled for commencement
  • whether your land is registered at the time of contract signing and,
  • builders current workload.

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