Monthly Archives

February 2020

hamptons-style kit home

Hamptons Style Kit Homes – Everything You Need to Know

By | Architecture, Interior Design
hamptons-style kit home
Hamptons style kit homes are a rarity in the kit home industry. While the ever-accelerating rise in popularity of Hamptons-style homes has seen a large number of home builders adapt their offering to include them, there are few options for those looking to build a kit home.

What is a Hamptons Style Home?

Hampton-style homes have a classic beach front appearance with a relaxed interior. They are inspired by homes built in The Hamptons on the East End of Long Island in New York. These homes, over time, developed their own style featuring columns, weatherboarding, boxed edges and muted colours, such as whites and greys.

A Hampton-style home is immediately identifiable by its appearance. A well-constructed Hampton-style home will exude an air of class and sophistication with a relaxed touch. It’s where luxury meets the beach. These homes are designed to be lived in yet retain their refined aura.

Is it even possible to buy a Hamptons Style Kit Home?

The nature of a Hampton-style home makes it difficult to translate into a kit home. Hampton-style homes by their very definition are supposed to represent quality and luxury. Although it is not always the case, as a general rule, kit homes have fewer finishing touches and diminished build quality compared to a traditionally built home.

While some providers may advertise Hampton-style kit homes, it’s difficult to truly label these as true Hampton-style homes due to the potential absence of high-quality work. A Hampton-style home is the intersection of luxury and easy comfort. Many kit homes lack the quality of work that is necessary for a true luxury label. For that reason, we recommend avoiding kit homes in favour of a traditional build.

Benefits of Kit Homes

There are plenty of benefits to kit homes:

  • Price: Many kit homes come in at a lower price point than traditional points, but you also need to be very wary of inclusions and the host of additional costs that come with building a kit home (such as site preparation, kit transport, labour to erect the home etc).
  • Ease: Kit homes are often viewed as an “easy” solution to home building. What you see is what you get, and if you like the kit home it’s simple enough to place an order.
  • Consistency of Product: A major benefit of kit homes is that the exact same home design has likely been erected before and had some chances to iron out any issues with its construction. As such, when you see an existing kit display home or images online, you know that you are likely going to get a similar outcome with your own kit.

Drawbacks of Kit Homes

While kit homes may seem like a quick and easy solution to getting a home up, they do come with their drawbacks.

  • Build quality: Not all kit homes are created equally. Some kit homes suffer from poor build quality, low-quality parts and an overall feeling of cheapness.
  • Longevity: The build quality can also affect the longevity of a home. There are genuine concerns with many kit homes that over time, joints and waterproofing may start to show signs of breakdown.
  • Style: The simple fact is, many kit home designs lack a particular element of style and sophistication that you’re going to get in a traditional build.
  • Hidden costs: When you’re purchasing a kit home, you need to have a clear idea of the tradespeople you’ll need to set it up, exactly what furnishings and finishes you’re getting with the home, and any other utility connection costs or hidden expenses.
  • Finished Feel: There’s a lot to be said for a high quality finished feel to a home. Many kit homes simply lack that. 

The Bottom Line

If you absolutely need to build a home on a very low budget, a kit home on cheap land (although closely connected to utilities) is your best option. However, you need to walk into that purchase with open eyes and understand that the product you are getting may be low quality and that you may end up facing costs that you simply hadn’t planned for. Buying a kit home requires a lot of research and may end up requiring a lot of labour and effort on your own part.

Why a McCarthy Homes Hampton Home is Your Best Bet

At McCarthy Homes, quality comes before all else. We aren’t in the business of providing cheap, easy to erect kit homes. We are in the business of building rock-solid family homes that are built to last. Our homes are designed and constructed to last for generations. If that is the level of quality you are searching for in your home, then a McCarthy Homes Hampton home is your best bet.

Get the right advice

We’ve been through the process of building a new home with thousands of happy customers. If you need help or advice on any aspect of building your own Hampton-style home, we are happy to help.

Click here to contact us.

Construction Index Hits lowest since 2013

Construction Index at its lowest since 2013

By | Property News
Construction Index Hits lowest since 2013
The Australian Performance of Construction Index (Australian Construction PMI) saw a small decline in December of 2019 to mark 16 straight months of contraction. The month of December saw the index slip to 38.9 from 40 in November.

A falling construction index is a fairly powerful indicator of the health of the Australian economy in general and can act as a forward indicator for flow-on investment in other areas. For us at McCarthy Homes, however, there was a silver lining to that cloud. Housing construction, a specific area within the broader construction index, saw a slight rise. This bodes well for housing, particularly the niche in which we operate, and means that we can continue to build and hand over beautiful Hampton style homes for our clients.

What are the knock-on effects?

Ask 10 different economists how construction investment and overall numbers impact the economy and you’ll receive 15 different answers. Some of the knock-on effects of a downturn in housing construction specifically that we have seen espoused include:

  • Reduction in house prices: This seems paradoxical, as one would expect a downturn in supply to cause an increase in prices. However, it appears that the same factors that lead to a lower dwelling construction numbers also have an impact on overall demand for housing. It is somewhat a chicken and egg situation.
  • Reduction in consumer spending: Housing market shocks of almost any description often have impacts on consumer spending levels. As many people view construction numbers as a bellwether for the broader Australian economy, a downturn here may be seen as a sign that it’s time to tighten the belt.
  • Reduction in business confidence: The above can also be said for business confidence. This can have the knock-on effect of reducing business investment in new premises, which can further exacerbate a construction downturn.
  • RBA action: The housing market plays a role in the Reserve Bank of Australia’s decision-making. While it is oft said that their remit remains exclusively around monitoring inflation levels, recent years have seen their scope to expand assessment of, and action on, employment, housing and more. Interest rate decisions are made in a very macro context.
  • Impacts on other industries: Large changes in construction numbers, housing prices and other major economic purchases can have a flow-on effect to big ticket items like car and holiday purchases.
  • Changes in employment patterns: A construction downturn may impact the hiring practices of construction firms, with strong potential for reduced hiring rates.

Which states are building houses?

Depending on the data you look at (monthly fluctuations are normal and can be considerate), Sydney and Melbourne approached the final quarter of the 2019 calendar year with some slight increases to housing construction. Building permits nationwide were down month-on-month by 0.2% in December, although that was on the back of a very busy November.

All things considered, there is significant upside potential for all Australian states, although growth in construction approvals and house prices are likely to be very localised. Southeast Queensland is likely to remain an attractive proposition for those seeking capital gains in housing outside of the overheated Sydney and Melbourne markets.

Building approvals

In December 2019, the total dwelling units approved was down 5.9% on December 2018. This data from the Australian Bureau of Statistics illustrates a slight downturn in the home construction industry, although it must be taken in context. After several years of aggressive growth and rapid increases in dwelling approvals, a downturn of 5.9% doesn’t represent a major downshift for the industry, but rather the addition of some volatility and a possible return to more sustainable levels of growth.

Why houses are performing so well

Housing bounced 0.8 points to 50.8, in growth territory rather than contraction. Of the four construction sectors measured, housing shows the strongest signs of stability and potential growth. Australia has seen the housing boom maintained for over a decade. While there have been plenty of small blips, that long upwards trend has proven quite resilient.

There is no telling what happens in the future, but it’s worth reflecting on the reasons Australia’s housing market, including both construction numbers and overall prices, has seen such strong performance. The likely explanation is a combination of cheap debt and overpriced assets elsewhere, making housing more attractive. However, identifying direct causes for a macro trend is almost impossible.

What should you do?

Always seek the advice of a professional before you make significant financial commitments, such as purchasing a home or arranging the construction of a new house. We are not financial professionals, but we can assist you in finding someone who may be able to provide you with advice, or we can provide general advice.

Click here to contact us.

Our Partnership with Susanna Tolo

By | Display Homes
There’s a good chance you’ve heard of influencer marketing but may not know much about it. We were the same, until we decided to delve into things and see what was out there. When we did, we found Susanna Tolo, and thanks to the fact that we move in similar circles, we instantly clicked.

We invited Susanna to tour our newest display home, Fairhaven, on Sherwood Road. Susanna had some very nice things to say about our display home, which we appreciate, particularly coming from her. We put a lot of effort into the floor plan for this home, and we think the end result is really nice.

VIEW OUR FAIRHAVEN DISPLAY HOME

Who is Susanna Tolo?

Susanna shot to fame when she documented her complete home makeover on Instagram. She gained a following through her ability to take a smaller budget and make significant changes to her entire home with it.

Susanna is on the record as loving the Hampton look and coastal theme. She completely overhauled the exterior of her home, painting the bricks white and repainting the roof tiles to a soft grey colour, really emphasising out the existing shape of the home but giving it a genuine seaside feel.

Inside, Susanna stripped out the old wallpaper and went with an off-grey colour. Cornices, edges and features were repainted in white. An overhaul of the furniture (done on the same budget) helped bring the entire home together (along with some flooring upgrades).

A couple of fine touches really reinforced what Susanna did with her home. A carefully selected shade of blue for her front door and some updated fixings on the interior really bring out the coastal feel of the home. Today, she continues to share posts about living in her newly renovated home and illustrate how comfortable and refreshing the Hampton style can be to live in.

Fairhaven Display Home Tour

Recently, Susanna Tolo took her Instagram followers through a tour of our Fairhaven display home. It was a great watch, and Susanna touched on all the high points of the property, with plenty of emphasis on our uniquely designed bathrooms (tiles, wall coverings and all), along with the kitchen and ceilings.

It was great to get Susanna’s opinion of the property – particularly as she loved it so much. Of course, so do we. Fairhaven is one of our favourite display homes, and we’ve put together quite a few.

Susanna’s tour of Fairhaven really pulled in a lot of attention on Instagram. With over 115,000 views and nearly 9,000 likes (at the time of writing) it was a great post with some outstanding reach. It was good to see so many people enjoying a beautiful home like Fairhaven, and hopefully seeing a few convert to the Hampton-style home fandom at the same time!

If you’d like to drop by the same home that Susanna toured, you can do so! It’s open to the public over the weekend and on select days of the week. See below for more details:

Address: 350 Oxley Road, Sherwood

Viewing Times

Opening hours for The Fairhaven display home are:

Friday – Monday: 10am to 5pm

Tuesday – Wednesday: Closed

Thursday: 12pm – 7pm

New Audiences

Working with Susanna has allowed us to reach whole new audiences. Previously our typical audience and online engagement was restricted to those who are immediately in the market for a new home or who are familiar with our brand. Susanna, through her own journey of remodelling her home into her personal Hampton-style paradise, has brought the concept of Hampton design to whole new generations.

We have had a great experience having our brand exposed to new audiences of people, particularly Millennials and Generation Z who are showing the same level (if not more) of enjoyment and appreciation that past generations have shown for Hampton-style homes.

We love the Hampton housing style and we think it’s a perfect fit for Queensland. We’d like to see it around a lot more, and we think we will, particularly after Susanna has done such an outstanding job spreading the word.

Follow Susanna

Want to see some of the content Susanna is putting out? You can follow her on Instagram by clicking right here:

@coastalhamptonstyle

Alternatively, check out some of our content right here:

@mccarthyhomes

Got any questions? Get in touch.

Give us a call and we’ll chat about your options. Regardless of your future plans, we’re always happy to help new home owners get the best possible outcome.

Call us on (07) 3358 9704 or click here to email us.