Benefits of a House and Land Package

January 21, 2021

House and land packages in Sydney may seem super intimidating. We get it there are many moving parts and it can seem like building a house from the ground up is loads of work.

And you’d be right. It is a lot of work, but when you hire a buyer’s agent to help you through the process, house and land packages actually have heaps of benefits.

Here, we’re going over a few of those amazing benefits and how a buyer’s agent can help you secure a house and land package.

Choose Your Exact Plot of Land

Often, when people opt to purchase an existing property, they might find the perfect home, but it also happens to be on a main road or without much yard space at all.

One of the biggest benefits of house and land packages is the fact that you get to choose the exact plot of land in which you’ll build a home. Of course, you’ll only be able to build where there’s land available, but it’s common that this perk opens up many possibilities for homebuyers.

Whether you’re in the market for a house and land package to create something for your particular needs or you want to invest in property from the ground up, house and land packages Sydney-wide give you the chance to choose your exact plot of land on which to build.

Design Your Dream Home

In addition to choose your plot of land, you’ll also have way more freedom when it comes to designing your dream home. When buying an existing property, there’s usually going to be something that’s a bit outdated or not exactly what you had envisioned.

However, when you get in at the ground floor (literally), you’ll help design exactly what you want in the perfect home.

On the flip side, if you’re an investor, house and land packages are an opportunity to create the perfect rental property that you feel could meet the market’s needs long-term versus going for passing trends.

Either way, having more say in the design aspect of your property with house and land packages is a huge perk.

Increase the Value of an Area

Another benefit of house and land packages in Sydney is that you’ll likely be increasing the value of an area. When you build a spectacular home in an up and coming suburb, the surrounding properties benefit from this value boost.

Whether you build a beautiful home for your family or a wonderful place to live for your future tenants, it encourages more people to make their way to your area, even if it may have been previously undervalued.

In other words, house and land packages are something you can feel good about that benefits your wider community.

Save Money

House and land packages can also help you save money on a property purchase. Since you’ll be buying the land and home in a bundle, though technically they’re usually two separate loans, you’ll only pay stamp duty on the land, not the house.

Plus, if you’re a first time homebuyer, the Australian Government has a program where your stamp duty may be waived altogether.

Not to mention, your land will gain value over time, even before your house is built.

For many, these ways to save and earn money makes house and land packages Sydney-wide a lucrative option.

How to Secure House and Land Packages Sydney-Wide

So, what’s the best way to secure a house and land package in Sydney?

You need to work with a buyer’s agent, plain and simple. Sure, you could give it a go on your own, but the benefits of buying house and land packages with a buyer’s agent far outweigh the costs.

Buyer’s agents can help you secure a plot of land that meets your needs, get the right loans for both the land and the builder, and can guide you every step of the way while looking out for hidden costs and any traps set out for you.

Plus, buyer’s agents are expert negotiators and can help heaps when it comes to getting you the best deal on your house and land package.

 

All in all, it’s a no-brainer to work with a buyer’s agent to secure house and land packages Sydney-wide. Looking for a buyer’s agent who can help? Contact Wealth 360° today!

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