Benefits of a House & Land Package
There’s nothing like a brand new home with beautifully landscaped gardens. But with seemingly endless possibilities when it comes to building or buying a house, it can be a significant challenge to determine the right solution for you and your family.
Purchasing a house and land package is one of the easiest and most affordable options for building a new home. From stamp duty savings and government grants to the high level of customisation available, a house and land package has many appealing features and benefits.
What is a house and land package, and how do they work?
A house and land package is a faster, affordable, and more convenient way of building a modern, new home. The home builder will pair an available block of land with an ideal home design - creating a convenient package that has already been through several approval processes. This saves you time and takes all the guesswork out of building your home finding the perfect available block and home to suit.
In most cases, with a house and land package, all design choices, inclusions, and optional add-ons are laid out with complete transparency, so you’ll always have a clear understanding of your new home’s cost and shouldn’t have any hidden expenses waiting. It is always best to check with your chosen home builder and request pricing and discuss the details further.
House and land packages can be found by browsing real estate agencies, estate and home builder websites, and display villages to speak to a new home consultant. When searching for the right house and land package for your needs, consider:
- The inclusions provided by the home builder, such as landscaping and fixtures and fittings
- Your ideal location and block of land
- The home designs offered by the builder
- The knowledge, experience, and specialty of your home builder team.
At Wisdom Homes, we have an extensive range of house and land packages available in various sought-after locations, including Sydney and the Illawarra. If you don’t find what you’re looking for, our team is more than happy to work with you to find the perfect block of land and Wisdom Homes house design to suit your unique needs.
What are the benefits of buying a house and land package?
You can select a home design that suits your needs
Buying a house and land package is the convenient way to build new as all the guess-work has been taken out to bring you an available home. You’ll also have the flexibility to select and equip your new house with all the fixtures and fittings you need to create your dream home and desired lifestyle.
The building process is less stressful and faster than a regular home build
When you purchase a house and land package, the home builder has already done the hard work for you. They’ve prepared the right home design to suit a unique block of land and have already gone through the approval process you need to start building. This saves you time and eliminates the stress that often comes with buying land separately.
It’s easy and convenient to customise your design
Depending on the builder, a house and land package can allow you to customise your home. Our Canvas Quarter selection studio offers a dedicated, state-of-the-art interior and exterior design studio with professional design consultants to guide you through the selections for your dream home. With Canvas Quarter, you can create a personal, stylish, and harmonious look throughout every indoor and outdoor setting.
Building new is an excellent investment
Purchasing or renovating an existing house often involves design constraints, additional costs, and hidden damages that you don’t experience for a new build. With that in mind, building new can save you money in the long term.
As an investment, a house and land package is also more appealing for rental markets and potential buyers. New homes meet the latest building standard requirements and use eco-friendly technology that fulfils BASIX (Building Sustainability Index) requirements set by the NSW Government to regulate energy efficiency. House and land packages are also less of a financial commitment for future buyers to deal with property damage or renters requesting repairs.
Pricing is transparent with no hidden costs
Unlike the hidden costs often involved in renovating an existing home, a fixed price house and land package offers transparent pricing, with no more to pay on top of the advertised price*. It is best to chat to your chosen builder to confirm if your house and land package is a fixed price package.
At Wisdom Homes, we offer complete transparency for all of our house and land packages. Our pricing includes building costs, the cost of the land, and other site costs with an attractive inclusions package to build you a beautiful home that meets your needs.
Pricing for our house and land packages is subject to change, so chat to our friendly, experienced sales consultants to secure your price!
Your builder will already know your block of land well
Another great advantage of purchasing a house and land package is that the builder is already familiar with the block of land you’re buying and knows which home designs are best suited. For example, if your block of land is an unusual shape or located on a slope, your custom home builder will be able to suggest designs that make the most of its size and aspect. With a range of suggested options, you can get straight to the exciting process of customising your home!
Additionally, your home builder will know the neighbourhood and land developers well. This relationship allows your builder to provide you with a flawless, stress-free build that meets all developer requirements for a fast approval process.
You’ll join a vibrant, thriving new community
When you move into a house and land estate, you’ll be joining a new and emerging community. Many master-planned estates include new facilities - like parks, schools, medical centres and shopping areas - that offer convenience, comfort and friendship as you witness your new community grow and develop around you.
You have the flexibility to add beautiful landscaping
Some builders offer turnkey solutions that give you the flexibility to add landscaping to your home, so you can move right in with no more work required!
With Wisdom Homes, you’ll have access to our pools and landscaping services under one roof: one contract, one builder, and one timeframe. Many developers have minimum requirements on new builds, which include basic landscaping, so if you’re looking for a one-stop solution for your new home, chat with us today and let us know how we can help you achieve your dream home.
You only pay stamp duty on the value of your land
When you purchase a house and land package, you automatically save thousands of dollars by only paying stamp duty on the value of your land. If you buy an existing house, you’ll need to pay stamp duty on both the house and land.
You could be eligible for grants or deductions
If you’re considering purchasing a house and land package, you might also be eligible for government grants and deductions. Keep an eye out on the NSW Revenue website for current grants, deductions and concessions - particularly if you’re a first home buyer!
Talk to our friendly team about buying a house and land package
At Wisdom Homes, we’re dedicated to making the home building process seamless, convenient, and, most of all, exciting! If you’d like to know more about house and land packages, contact our friendly and experienced team today.