Important Things to Know About House and Land Packages

If you want to build a new house or expand your old house you can choose house and land packages. Government sanction such projects to the developers, and developers then build the necessary infrastructures on the land, such as roads, water sources, schools, shops, amusement park, swimming pool and other utilities. Then they will divide their overall land into some small plots, and they will build individual houses on these plots. You can choose their house and land packages to accommodate your large family and you will find different types of packages offered by developers. 

Different Types of House and Land Packages Offered By Developers: 

If you want to build your house on your own land, then you need to buy a plot and then you have to start your construction process on your plot. In this case, you need to mortgage your land to build your house. You can avoid such hassles by choosing house and land packages. You can buy a pre-build house with the plot, and you do not need to pay different amounts for land and the house. It is also known as Turnkey package where developer will build some houses on their land, and you can choose a house from their packages. They will build a fully renovated house with security gates, landscapes, kitchen, bathroom, rooms, balcony, and driveways. So, you do not need to hire another builder or designer to build your house. You can choose a ready to move property within your budget. 

How Would You Buy Such Packages? 

In Australia, most of the developers offer such house and land packages at competitive prices, and you need to deposit 5% of your land loan to buy a house. On the other part, if you want to build you house on a plot then you need to make a deposit of 10% of your land loan. 

The price can differ according to the infrastructure and facilities available in your packages. For example, if you want to buy a house located on urban area then you need to pay more because the land value of such city areas is quite high. Apart from that, house and land packages equipped with luxury amenities, like swimming pool, solar system, club and gym can cost you more. 

You can search house and land packages online and check their prices. You can compare their prices and choose an affordable option within your budget. 

Benefits of Choosing House and Land Packages: 

• You can buy a house build on your own plot at a fixed price. You can add some extra features in your packages. You can discuss your requirements with the developer and avail a customized package according to your needs. But you need to pay a stamp duty for the land because the house is not yet built.

• It is a simple process to buy a house and land package. You do not need to buy a plot and build your house by a developer. You can check their templates and visit their construction site. You will find some sample houses and you can choose the best design for your home. You can easily move to your pre-built house by making an initial payment to the developer.

• Developers can offer you some customized designs for your house and you can implement your own designs in your dream house. From tiles to driveways, you can change everything, and you can discuss with your family to know their preferences. 

House and land packages come with long-term warranty, and you do not need to pay a huge maintenance cost.