FAQ for
House and Land Packages
in NSW, Australia

A house and land package is a real estate deal where buyers purchase a block of land and a home to be built on it. These packages are typically offered by developers who collaborate with builders to provide a seamless process from land acquisition to home construction.

Cost Savings: Often cheaper than buying an existing home due to fewer costs associated with repairs or renovations.

Customization: Ability to customize the design and features of your new home.

Modern Living: New homes come with modern designs, energy-efficient features, and warranties.

Stamp Duty Savings: In some cases, stamp duty is only paid on the land, not the finished house, leading to significant savings.

Typically, the package includes the cost of the land and the construction of the house. Some packages also include additional features like landscaping, driveways, fencing, and basic interior fixtures. It’s important to clarify with the developer what exactly is included.

Choose a Location: Select a development area that suits your lifestyle and budget.

Select a Package: Choose a house and land package that fits your needs.

Deposit: Pay a deposit to secure the land and start the process.

Finance Approval: Obtain finance approval from your lender.

Construction: Once all approvals are in place, construction begins.

Handover: After completion, the home is handed over to you.

Location: Proximity to amenities, schools, transport, and future development plans.

Builder Reputation: Research the builder’s reputation, past projects, and customer reviews.

Inclusions: Understand what’s included in the package to avoid hidden costs.

Design Options: Check the flexibility of home designs and customization options.

Budget: Ensure the total cost fits within your budget, including any potential additional expenses.

The construction time can vary based on the builder, weather conditions, and complexity of the design. Typically, it ranges from 6 to 12 months from the start of construction.

Market Fluctuations: Changes in the property market could affect the value of your investment.

Construction Delays: Potential delays due to various factors.

Builder Insolvency: Risk of the builder going bankrupt, which can be mitigated by choosing reputable builders with insurance coverage.

Builder Research: Choose a reputable builder with good reviews.

Contracts: Ensure all agreements and expectations are detailed in the contract.

Inspections: Schedule regular inspections during the construction process.