Whether you want to buy or build a house, they both incur hidden costs. Building a house has tons of hidden costs like building permits, soil testing fees, bushfire levels, land registration and many other requirements.
On the other hand, paying the property’s price tag isn’t the only thing you’re going to pay when buying a house. You also have to pay transfer fees, insurance, pest and foundation inspection, and other legal fees.
Overall, building a house costs more. From the time you start looking for land, choose the design and all the way to building your house, all of these steps need money.