Please note - Due to the holiday season, builders and developers may be slower than usual in responding to any queries Close

4 Myths To Know When Investing On Your H&L Packages Property Search

House and land package have become popular option for homebuyers and investors in Australia in the past decade or so. If you are on your property search you may have a few misconceptions surrounding these packages. Through this article, hopefully some light will be shed on a handful of these myths, and what the truth behind them actually is.

Myth #1: There is NO Design Options

property search

In order for house and land packages to come at a fixed price, they need to be set in terms of design. This is a great option for investors, and allows homebuyers to get into their first home sooner at a lower price. However, if you are moving into your new house and land package, interior design is the way you can make this home unique and perfect for you. House and land packages will be designed in a way that lets you pair them with any style and it will work for you.

Myth #2: Inner City Investment Is Best

A consideration with many sides to it. A lot can be argued for and against inner city versus outer
investment. There are just as many benefits in investing in a growth/developing area than there are investing in an already established inner city region.

Some suburbs are more popular than others, while some suburbs will offer more amenities than others. Also consider that particular land may increase/decrease in value more than others.

While there are definite exceptions, for strength and stability over the long term, it’s the inner and middle ring suburbs of capital cities that appear the best places to invest. Though, interestingly, its the high growth outer suburbs which are growing faster than some inner suburbs.

Myth #3: Government Grants?

Many Australian states offer grants and other forms of help for buying a pre-existing home or building a new home from scratch. They also offer tax or stamp duty concessions, especially for first home buyers. To find out what you can receive, visit your state government’s website so you can map things out for your final budget.

property search calculator

Myth #4: Only Certain Costs Are Included In the H&L Package

You won’t be kept in the dark by your builder, and should have full knowledge and understanding over every cost. With iBuildNew, if you are purchasing a house and land package you will be given a fixed cost for your investment that means you won’t be confused about what is and what is not included in the total price.

Something else to consider are you better suited to a house or an apartment?

If you are purchasing a house and land package to live in, this may vary widely from builder to builder, so it’s a good idea to investigate your options and shop around to find the right people for you. Factor in any changes, additions or add-ons you might want. But also extra costs that may come during the building site set up. Ensure there are no hidden costs that will catch you off guard.

How can iBuildNew help

For more information regarding house & land packages, be sure you speak to one of our home building experts on 1800 184 284.

They are independent and motivated to see you achieve your property and investment goals. You can also book a call online.

iBuildnew Advisory Team
Let us do the legwork for you.
  • We’ll ask the right questions to better understand your needs
  • We’ll create a recommended shortlist ideally matched to you
  • We’ll answer specific questions or concerns related to home building, land purchasing or financing

Michael Poiveson

Armed with a background in multimedia and written communications, Michael has a zest for everything outdoor living, and can be found enjoying the serenity of occasionally overlong scenic walks.

About

iBuildNew is the market leading aggregator dedicated to residential home construction and land development. As an independent platform, iBuildNew helps Australians identify and compare new home designs, house and land packages and land estates. It’s the smart way home buyers, who are considering a new build, can find the ideal options to match their individual needs. Home building is a big decision, we make sure you get it right.

You may also like

Aug 10, 2021

How Do You Know If You’re Ready To Build Your ...

Everybody aspires to build their dream home one day and shares the desire to make their...
Read More
Mar 23, 2017

What Do I Need To Do Before I Start Building My New ...

The process of building your new home can be complex. There are many different steps be...
Read More
Aug 14, 2019

Builder Profile: Burbank

This piece was written in association with Burbank. Regarded as one of the nation’s lea...
Read More
Mar 08, 2017

7 Benefits of Building a Turn-Key Complete Home

Building a new home can feel daunting. There are many different factors that you need t...
Read More
Jun 19, 2020

Scott Cam’s Top Tips To Find The Best New Home...

Feature by Scott Cam, brand ambassador for Perth based Blueprint Homes. The home buildi...
Read More
Jun 22, 2021

What To Consider When Planning A New Home Design On ...

As metropolitan areas steadily expand and accommodate increasing occupants, the lot siz...
Read More
May 22, 2017

Have You Heard About Cranbourne House & Land Op...

Melbourne’s outer east still represents one of the best places for people to find their...
Read More
Jan 24, 2018

Building a House in an Estate or an Established Area

With so many housing options available in Australia, it can be hard deciding which area...
Read More
Oct 16, 2019

How Long Does A Building Inspection Take?

Engaging a building or pest inspection is a crucial first step before committing to any...
Read More
Dec 15, 2023

Which Home Builder Is The Best?

Building a home is a significant milestone and one of the most crucial decisions in thi...
Read More
Jun 25, 2018

Your Free Checklist For Finding Builders You Love

The process of building a new home can be daunting. It is important that you don't let ...
Read More
Oct 23, 2019

Do School Ratings Matter When Building A Home?

Is a good local school really a driver of an area’s real-estate prices? If so, is it wo...
Read More
Apr 29, 2022

The Benefits and Need-To-Knows When Building a New Home

The idea of taking your dream home and turning it into a reality is an exciting notion ...
Read More
Oct 15, 2019

How Much Site Access Will I Have During My New Build?

Building a home is one of life’s greatest achievements. Nothing compares to getting on-...
Read More
Sep 27, 2017

Should You Rent or Build a New Home?

To rent vs buy? That really is the big question that is currently plaguing many young p...
Read More
Apr 29, 2022

6 More Questions Every Home Buyer Needs To Ask When ...

  In a previous article, we covered 7 Questions Every Home Buyer Needs To Ask When...
Read More
Jun 12, 2018

What Is The Difference Between Home Architecture and...

Following an extensive effort of waiting patiently, clawing your savings together and c...
Read More
Apr 08, 2016

6 Leading WA Builders to Consider

When it comes to building a new home, finding the right builder is almost just as impor...
Read More
Mar 30, 2022

Boost for first home buyers in the 2022 Budget.

Last night’s Federal Budget had some great news for Australians looking to enter the ho...
Read More
Apr 29, 2022

7 Questions Every Home Buyer Needs To Ask When Looki...

So you’re thinking about building a new home from scratch. It’s a tantalising prospect ...
Read More
Sep 10, 2020

Your Land Is About To Be Registered. What Happens Next?

This piece was written in association with Eden Brae Homes. Your deposit has been paid ...
Read More
Oct 09, 2019

Difference Between Dual Occs, Duplex and Granny Flats

Dual Occupancy, Duplex and granny flat. You’ve probably heard of all these terms. But e...
Read More
Jul 02, 2018

6 Misconceptions About Building With a Volume Builder

Volume builders, also known as project builders, are those builders that provide a seri...
Read More
Sep 02, 2021

The Lowdown On What To Ask When Buying A House And L...

The process of purchasing a house and land package can be daunting, especially with so ...
Read More

Get more from

Browse House and Land Packages