House And Land Packages

How to choose House and Land Packages for your family

Home developers in Australia use the term 'house and land package' to refer to a package deal comprising a new house and the surrounding land on which it is built. This is quite common all over Australia and it’s surprising to find that each of these House and Land Packages is entirely different from any other. It’s good to know that developers usually offer different packages or usually offer aeven will have a variety to choose from.

Types of house and land packages: There are two basic types:

You choose a plot of land and then choose from some standard or customized house designs or ‘off the plan’ packages.

Alternatively, house and land packagescould comprise a home and the vacant land around it.

First, finalize your budget based on your needs. This will throw up several house and land package options that fit your price range.

When you go house and land packages hunting, check that the ones you like are well-located. They should be near hospitals, schools, shopping centers, metro station, etc. Is it easy to travel in this area?

Next, consider the kind of environment the property is located in. Is it a safe area to be in? Do accidents and robberies take place here often? Also, weather-wise, is it easy to live here?

When you’re sure of what you want, discuss the details with a sales representative. Ask for what you’re going to get for the price quoted. Go into the details of house and land packagesnow or you will be greatly disappointed later. Ask as many questions as strike you as the answers you get will help you take the best decisions. The sales representative should advise you on any changes that could take place and what to expect in future, so ask all you want to.

If you choose to buy off the plan, you can see a display home, but if you want a house and land package, you can start seeing as many homes as there are.

Look for properties in your area. Once you choose the one you want, ask to see the developer's credentials. If you come across developers against whom clients have registered several complaints, steer clear of them.

It’s important that you answer all the questions of the design consultant who will then take back your needs to the draftsman and estimator and come back to you with an estimate of the new costs of these requirements. At this stage, you decide based on the cost, just how far you want to go in implementing the new changes.

Now, it’s also time to discuss financing your house and land package. There are different finance plans for off the plan houses and for house and land packages. No matter which type of house and land package you choose, you have to pay a five percent down payment, though deferred payment plans are also available if you plan to wait until the house is built.