Anyone can buy a property.
Investing in Property means the property has to work hard for you while you own it, not just when you sell it.
To explain we compared a $750,000 established house with a $780,000 new build on land bought separately, in the same area, with the same 5% growth assumption for both, and followed the numbers for ten years.
The Numbers at a Glance
- Stamp duty: about $42,814 on the established house versus $12,200 on the land for the new build. The $30,614 difference can cover roughly $28,500 of interest during a 12-month build.
- Year 1 depreciation: about $7,000 established versus $21,170 new build.
- The 2027 tax changes: eligible new builds keep negative gearing against your salary, and new dwellings can keep the 50% CGT discount. Established property bought after 12 May 2026 can no longer be negatively geared against your salary, and established property generally moves to the new CGT rules for gains from 1 July 2027.
- Cash you put in over 10 years: about $116,329 established versus $87,075 new build, a difference of $29,254.
- Equity after 10 years: about $496,144 established versus $543,125 new build.
None of this makes new property automatically better. An established home can be the right investment in the right location, and where it is, our buyers advocacy service can help you find it. The point is that the purchase price and the growth forecast are only part of the investment.
Read the full 10-year comparison, with every figure explained →
Want to see how a new build and an established property compare for your own income, budget and goals? Book a complimentary strategy session with properT network.
General information only. Figures are illustrative and based on stated model assumptions. Stamp duty, tax and lending outcomes vary with your state, lender and circumstances. Seek tax, legal and finance advice before making an investment decision.
Related reading
Borrow More, Buy Better: The New Build Advantages Most Investors Miss
Negative Gearing Changes 2027: The Cash Flow Problem
