There are many benefits to buying a house and land package as opposed to purchasing land first and then choosing a builder. Here we answer some of your most frequently asked questions when it comes to buying house and land packages.
What are the main benefits of a house and land package?
House and land packages allow the buyer to see the total cost of building their new home including land, site works and finishes. It allows the buyer to quickly and easily compare house and land packages in different locations to find the best option for their budget and lifestyle. Purchasing a house and land package is also a faster process that could save you time and money.
Who does it suit?
A house and land package is ideal for a first homebuyer on a tight budget as a house and land package is treated as one purchase, enabling first homebuyers to combine their finance for the purchase. This saves time and money and also makes the house and land package exempt of stamp duty, saving the buyer thousands of dollars. When purchasing land and home separately stamp duty component needs to be paid upfront.
What to consider?
A number of factors should be considered when choosing the right house and land package, Including location, affordability, inclusions and home size.
What is the process?
Selecting the right house and land package is easy. Our house and land page is a great place to start with a selection of the best packages available North and South of the river. House and land package information is also available at your local Impressions display home where an Impressions new homes consultant can assist you in selecting the best package to suit your lifestyle and budget. You can find our display locations here.
What are the things to be mindful of?
When selecting a house and land package you’ll want to ensure that the price includes site works and finishing items such as air conditioning, Internal wall painting, floor and window coverings to name a few. If you are purchasing a house and land package and you are not a first homebuyer it also pays to check if the package price includes stamp duty or any other purchase and set up costs.
An Impressions New Homes Consultant will be able to provide you with expert guidance on all of the above questions and more.
To speak to one of our consultant contact us today.
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