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Life's Better in a Brand New Home!
MyPackage.com.au was launched in 2006 with a mission to showcase the brilliant New Homes and Land industry and simplify how people compare New Home Builders and find the perfect new home to suit their lifestyle.
We proudly showcase House and Land Packages from Home Builders across various States of Australia ensuring home buyers can explore a wide selection of home designs in various suburbs in both metro and regional areas within in new land estates and surrounds.
House and Land Packages continue to be a popular option for both first home buyers plus 2nd and subsequent home buyers also attracted to the ease and peace of mind that can be attached to buying a home as a package.
House and Land Package Home Buyers Guide
1. What is a House and Land Package?
Quite simply a House and Land Package is a brand new home that is yet to be lived in. They are generally Off the Plan which means yet to be built, however they can also be marketed as Packages when under construction or complete, its a fairly broad term actually.
2. Why Buy a Home & Land Package?
Home Builders and Estate Agents will often promote Home & Land Packages, i.e. this home design on this block of land for this price. It's very simple for a buyer to understand, very much like how established real estate is sold. Just because it's marketed as a Package doesn't necessarily mean its any cheaper than buying the land separately and building the same home on that block. However if the builder is doing their job, they will have carefully selected Home Designs that complement the block of land, with consideration given to sun orientation, outdoor areas etc. This removes the risk of people buying a block and not being able to find a suitable home that suits the block. In saying that, sometimes packages are cheaper than buying the land separately and then choosing a builder.
3. What's Included in a Home & Land Package?
Every builder will vary in some way what they include and the terms of their offer. It's important when comparing Home Packages that you compare like for like. Ask what's not included that will need to be added later. Consider items such as:
- - Site costs and whether they are fixed price
- - Floor coverings
- - Type of lighting provided, i.e. down lights
- - Driveways and pathways
- - Appliances and their specifications
- - Type of roof material, i.e. tiles or colorbond
- - Window coverings
- - Gardens and landscaping...
4. Detailed Comparison
It's important that you compare options of at least 2 very similar homes from 2 builders and during preliminary research ask questions of agents in display homes who are their to assist you. If looking at an off the plan House and Land Package, when you find a Home Design from a Builder you like, request a "Home Walk Thru". These are generally held outside display home opening hours and a consultant will walk you through the home and explain the elements that are and are not included. You can also request additional elements to be costed into the price giving you a good understanding of the total price. At this point it can be difficult for a sales agent to give a highly accurate estimate of the cost of site works as this will generally require surveys and soil tests. They may however have the option of providing fixed price site costs or give you an estimate based on the costs of similar homes built in the area.
5. Consider Time Frames of Building
Time Frames will vary between builders in terms of the how long it will take to build the home. The total time frame is also affected by whether the land is ready to be built on now. Ask the consultant to map out expected time frames and ask whether they guarantee a build time. Some will offer a build guarantee of say 22 weeks which is quicker than the average building contract stipulates it must take. One important caution here though, its important you understand when the 22 weeks actually commences. If its from the first day on site, you need to understand how long it takes to process the paperwork for the home before its at site. Just remember the longer the total process takes the more it will cost you in alternate living expenses unless you are living with family etc.
6. Where to Build
If you are just starting your research and really have no idea where House and Land Packages are available, select your state above and use the helpful map search functionality to orientate yourself.
Look at general house and land package search results in different regions to get a feel for price and what's available. Give thought to which side of town you might like to live on and where friends and family live, your place or work etc. Then its time to earmark a region and visit a few land estates and display villages in that region to narrow down which suburb and estate suits you. Use the Land Estates search feature to do that.
7. Which Home Builder
If you decide you will build, its critical you select a home builder that has a good reputation and can satisfy your needs and that you feel confident can do the job well and on time. You need to weigh up a lot of different factors before choosing the builder, it should not be a decision based purely on price. Also remember that the sales person is there to provide details and hopefully gain your business, but its important that you look deeper than the sales person to ensure its a great company you are dealing with.
8. Deciding on the Home Design
It's quite a skill to be able to look at a 2D floor plan and visualise what a home will actually feel like when complete. That's why builders have display homes which allow buyers to very quickly get a feel for a home and decide as they walk thru. Where possible visit display homes and short list the elements that you like in the design and learn about the inclusions and exclusions in the price. This way you can request a Home and Land Package that actually suits your needs after thorough research of your design requirements.
9. Your New Home Budget
Speak to your bank, broker or enquire for a home loan here. It's really important you have an understanding of your budget ideally before you spend a lot of time researching homes that may not be suitable.
When making a decision on a home and land package and comparing options you need to ensure you compare like for like. Don't compare a 25 square home with full inclusions with a home 2 squares smaller with limited standard inclusions. Take the time to itemise everything and ensure you are comparing apples with apples, like for like.
10. What's involved with the Payment Process
Depending on the type of House and Land Package you are considering, i.e. if it's off the plan, under construction or complete will impact the payment requirements. Ask the consultant to explain details of whether the land needs to be purchased on a separate contract and at what stages payments will be required, i.e. deposits, progress payments etc.
11. Which Block of Land?
What's really important is that the actual block of land with in the land estate you like is a great block that really suits the home and your lifestyle needs. Ask the consultant to explain about the sun orientation, being sure that living spaces and outdoor areas are facing a Northerly direction. You also want to look at the block of land relative to other neighbouring blocks. Some blocks are better suited to double story homes than others. If your home is a single story ask whether the consultant thinks the blocks around it will have singles or double storey homes built around them. i.e. a block that isn't very deep is likely to suit a double storey. The sales agent may have actually sold to clients on the neighbouring blocks, but do remember people may change their mind and decide to built something different.
Life's better in a brand new home... but ensure that you take the time to research your purchase carefully so you can really enjoy your new home when complete.