Prospective
homeowners have a number of options when buying their first home.
They can choose to buy a new home, land to develop into a new home,
or a house and land package. If you’re in the market for your first
home, consider the latter of the lot for the following reasons:
- Convenience: Buying a house and land package means that you only have to deal with one contract. This makes the paperwork easier to manage. The need to sit through long design consultation sessions is also reduced, as buying a house and land package means that you will either be buying a pre-built home or one built to a standard or customized design.
- Affordability: Since house and land packages are on a single contract, you may be able to save on the fees you pay to our solicitor or bank. You’ll also pay less in stamp duty, which can help to offset infrastructure fees and GST on top of the $10,000 First Home Owner Grant. The choice of either pre-built or pre-designed homes also means that you don’t need to worry about the cost of hiring an architect and a contractor. Many house and land packages also include matching furniture, which can further add to your savings.
- Fast construction: With designs ready to build, you don’t need to wait for an architect to design your new home for you. This means your home gets built faster and you can move into your new home sooner.
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