How do House & Land Packages Work?

House & land packages provide a highly convenient and budget-friendly approach to building a new home, though not everyone is familiar with the process. We’ve made things straightforward by answering some commonly asked questions below. Feel free to contact one of our friendly experts if you have additional questions!

What are House & Land Packages?

A house and land package allows you to purchase a plot of land and select a house design to build on it. You may have the flexibility to choose from various lots and home designs, or the developer might pair a specific house design with a particular block of land. In a house and land package, both the land and the house are always bundled and sold together.

House and land packages provide a fixed price ‘turnkey’ option which shows the full price which includes fully landscaped gardens, driveways, pathways, and even a clothesline. As the house is designed with the block of land in mind, there are no complicated construction decisions to make.

This ensures you won’t find yourself puzzled, attempting to determine the ideal placement of your back patio for a delightful afternoon aperitivo. Moreover, the interiors are already painted, and floor coverings such as carpets and tiles are meticulously installed.

You also know exactly what you’re buying. You can see whether the dining room is large enough to accommodate your furniture, and you know exactly what the bedroom windows look out onto. It takes the guesswork out of how your home will look and feel, so when you take possession of the property you can dive straight into the business of settling into your new home and exploring the neighbourhood.

Are all House and Land packages the same?

No, each builder and developer may provide something slightly different. Some packages are designed for first-time buyers or investors, while others may offer higher-end specifications. Be sure you understand what’s included—such as fencing, landscaping, and appliances—so you’re fully aware of what you’re paying for.

Where can you buy a House and Land package?

House and land packages are often available in newly developed estates or subdivisions from various builders and developers. Check out estate or developer websites to explore options in your chosen suburb.

What loan type do you need for a House and & package?

A house and land package requires a specific type of loan compared to purchasing an existing home. It combines a mortgage for the land with a construction loan for the home, allowing you to pay for the land upfront and then make stage payments for the house as different construction milestones are reached. This setup means you only start paying interest on the full amount after completion, which can ease financial pressure if you’re already covering rent or a mortgage during the building process.

What are the benefits of a House and Land package?

A house and land package lets you customize a home in your ideal location, or the builder/developer may have pre-selected a design to make the most of the land’s potential. You can set a budget that suits your financial plan, with loan options available so you don’t have to pay the entire amount before construction is completed.

Choosing a reputable builder ensures a high-quality home, crafted with care and designed to provide comfort and joy for as long as you live there.

Plus, for added peace of mind, builders usually offer a structural warranty for many years depending on the builder plus service warranty for every new home including house and land packages.

Owner-occupiers can still access government grants, and if you’re an investor, you may be able to claim full depreciation on your new property. Tenants often appreciate the appeal of living in a newly built, modern home, especially with eco-friendly features that can help reduce living costs.

House and land packages provide a straightforward and budget-friendly option for anyone looking to buy a new home. If you prefer to have all the work handled for you, choosing a house and land package is an ideal solution!

We know that building your dream home is a deeply personal journey, so our team of specialists is here to help you create a house and land package tailored to fit your lifestyle and budget perfectly.