With around 80.6% of land in Australia zoned for residential use, house and land packages are a key part of Australia’s booming property market, bringing the dream of a new home within reach for many. These packages simplify property investment by combining land purchase with a customisable building plan, saving buyers the hassle of managing separate transactions.
But what do you actually get from a house and land package, and why are so many people turning to them? From essentials like fixtures and landscaping to flexible designs that suit various budgets, house and land packages offer much more than meets the eye.
Whether you’re looking to fulfil specific investment goals or finally become a land owner with your ideal new house, this guide breaks down exactly what these packages include and why they’re worth considering. Read on for the key benefits and options to see if a house and land package aligns with your vision.
What Is a House and Land Package?
A house and land package offers buyers a straightforward way to purchase both land and a new house in a single transaction. In Australia, developers typically provide a choice of land in a planned community and then pair it with home designs from a builder. This allows buyers to secure a building plot while selecting a floor plan that meets their needs.
Packages simplify the entire process of building a home, eliminating the separate steps of:
- Purchasing land
- Finding a builder
- Designing a house from scratch
Types of House and Land Packages Available
House and land packages in Australia typically come in two main types: turnkey packages and design and build packages. Each type has its own advantages, and choosing the right one largely depends on the buyer’s priorities and budget.
Turnkey Packages
Turnkey packages are designed to be completely ready when the keys are handed over. These packages include all the necessary fixtures and finishes, so there is no need for buyers to spend time or money on additional work once they move in.
Turnkey packages usually come with completed landscaping, fencing, driveways, and even window treatments, which makes them ideal for buyers who want a hassle-free experience. This type of package is popular among investors seeking a rental-ready property from day one.
Turnkey packages also benefit buyers who may not want to deal with project management, as they’re managed entirely by the developer and builder.
Design and Build Packages
On the other hand, design and build packages offer flexibility, allowing buyers to work with a builder to customise the layout and design elements of the home. This option provides the opportunity to select finishes and make modifications to fit specific lifestyle needs or aesthetic preferences.
Design and build packages can be particularly appealing to those with specific goals for their home, which can include:
- Creating extra storage
- Incorporating sustainable materials
- Designing a home office
Although customisation may increase costs slightly compared to a fully standardised turnkey package, this option remains a cost-effective way for buyers to personalise their property without a fully custom build.
Turnkey vs Design and Build
When comparing turnkey and design and build packages, cost, convenience, and potential return on investment play key roles. Turnkey packages often come at a higher upfront price but offer immediate convenience and are ready for occupation or rental right away.
Design and build packages, while slightly more involved, allow buyers to make a unique mark on their new property and may increase the property’s value through custom features. This option can be advantageous for long-term investors looking to differentiate their property within a competitive real estate market.
Common Inclusions in House and Land Packages
House and land packages are structured to cover both essential and optional features to create a complete property. Here’s a look at what’s commonly included in these packages, from securing land to customisation options.
Land Purchase
Land purchase is the first major component, where buyers select a plot in a planned community. In Australia, land is often available in different lot sizes, depending on the location. This flexibility enables buyers to choose land that aligns with their goals, whether they want a small, low-maintenance lot or a larger space for potential extensions.
The initial price of a house and land package will vary based on factors like:
- Lot size
- Location
- Nearby amenities
Construction Costs
Construction costs cover the expenses for building the home itself. Most packages include foundational features such as:
- Structural integrity
- Roofing
- Walls
- Plumbing
- Electrical work
The overall cost is often calculated in square metres, with builders providing a per-square-metre rate. Inclusions can vary, but buyers usually receive a basic structure with rooms, windows, and doors completed to standard specifications.
Depending on the builder, some packages even cover additional work such as termite protection or energy-efficient roofing.
Fixtures and Finishes
Fixtures and finishes define the look and feel of the home’s interior. Standard inclusions usually cover:
- Kitchen cabinetry
- Countertops
- Basic appliances
- Bathroom fittings, such as sinks, showers, and toilets
Flooring is another standard feature, with most packages offering options like carpet, laminate, or tile flooring, often allowing some choice within a set budget.
These inclusions ensure that the property has everything needed for immediate occupation. Premium packages may include upgraded finishes like stone benchtops, high-end cabinetry, or smart-home features, providing buyers with a more luxurious interior without needing to manage renovations themselves.
External Works
External works are often overlooked but form a vital part of the package. Driveways, fencing, landscaping, and paths around the house are commonly included, which provides added value to the property.
Landscaping can vary depending on the package, with some offering only minimal lawn seeding, while others include:
- Full garden beds
- Paved areas
- Native plants
Fencing is often required for security and privacy, and in many planned communities, specific fencing types are included to maintain a cohesive look within the estate.
Customisation Options
Customisation options allow buyers to further personalise their home. In some packages, buyers can opt for additional upgrades, such as:
- Larger kitchens
- Additional storage solutions
- Eco-friendly features like solar panels and rainwater tanks
While these custom options may add to the initial cost, they can significantly enhance the property’s long-term value and appeal.
Benefits of House and Land Packages
House and land packages provide a range of financial advantages that attract both investors and first-time buyers.
Affordability is a big part of the appeal. The Australian government offers incentives like the First Home Owner Grant, which can reduce upfront costs for eligible buyers.
Additionally, buying a brand-new property often means fewer maintenance costs in the early years compared to older homes, which may require immediate repairs. This level of affordability makes house and land packages an accessible option for those just entering the property market.
Tax benefits also play a role in attracting investors. Newly constructed properties allow investors to claim tax deductions on depreciation, covering aspects like:
- Construction costs
- Fixtures
- Fittings
According to the Australian Taxation Office, investors can typically claim depreciation on the building itself for up to 40 years. This can result in considerable tax savings over time.
Another advantage is the opportunity to buy off-market properties through exclusive access, which is often available in specific house and land packages. Off-market properties are not publicly listed, so they tend to attract less competition. Accessing these properties can give buyers a unique edge, especially in competitive markets.
Financial Considerations and How to Evaluate Packages
When evaluating house and land packages, understanding the full range of financial aspects is essential.
Initial costs are a primary consideration, as they can influence the financing options available. Most house and land packages require a deposit of around 5-10% on the land component, while the construction portion is typically paid in stages throughout the building process.
This staged payment structure can help buyers manage their finances effectively. Construction loans are commonly used for these packages and offer flexibility by releasing funds at each stage of construction. Many banks and financial institutions offer specialised loans for house and land packages, which can simplify financing.
The long-term value of a house and land package often depends on several factors, including:
- Location
- Property size
- Quality of construction
Location remains one of the most important elements. Properties in growing suburbs with infrastructure development, such as new schools or public transport expansions, often see higher rates of appreciation.
Additionally, the value of the property can increase if the community has amenities like:
- Parks
- Walking trails
- Local shopping centres
Resale potential is another aspect to consider. Buyers should assess whether the home will appeal to a wide range of future buyers, as this can impact the property’s liquidity.
Maintenance costs are typically lower with new builds, especially in the early years, because new materials and modern construction techniques are generally more durable and energy-efficient. For instance, many new homes include sustainable features like solar panels and energy-efficient windows, which can reduce energy costs over time.
Evaluating a house and land package also means considering the reliability of the developer and builder. Reputable developers are more likely to deliver on promises, ensuring quality construction and meeting projected timelines. Researching the developer’s previous projects and customer reviews can offer valuable insights.
Furthermore, community planning is worth assessing, as a well-designed community layout can increase property values. Buyers should seek out packages in communities with logical, pedestrian-friendly designs, green spaces, and a variety of housing styles to ensure they’re investing in a desirable area.
How to Choose the Right Package
Choosing the right house and land package requires setting clear priorities. Buyers need to start by clarifying their goals, as the best package for a primary residence may differ from one suited to investment.
For those looking to live in the property, factors like proximity to work, schools, and recreational facilities may hold more weight. On the other hand, investors might focus on areas with high rental demand or anticipated growth. Setting these priorities early helps narrow down the options and makes the decision process more efficient.
Evaluating Location and Builder Reputation
Location is a crucial factor to evaluate. Growing suburbs with good infrastructure and connectivity tend to appreciate over time, offering good returns for both investors and future landowners. Proximity to essential amenities, public transport, and even natural attractions can enhance a property’s appeal.
In addition to location, buyers should assess the reputation of the builder. Reputable builders often provide a range of options in terms of design and finishes, allowing buyers to tailor the property to their liking.
A builder with a strong track record is also more likely to deliver a quality product and meet deadlines, which is essential when managing budgets and timelines.
Package Flexibility and Included Features
Package flexibility is another point to consider. While some buyers prefer a standard layout, others may want the option to modify floor plans or choose specific finishes. This flexibility can be beneficial for those who want a custom feel without the higher costs of a fully bespoke home.
Buyers should also look at what’s included in the package and what’s considered an upgrade. Some packages may include basic landscaping, driveway paving, or energy-efficient appliances, while others offer these as additional options.
Seeking Professional Guidance
Professional support can also streamline the selection process. Working with experts familiar with house and land packages can provide insights into:
- Emerging areas
- Developer reliability
- Potential returns on investment
Experienced agents or advisors can help buyers understand the finer details, from zoning laws to long-term maintenance costs, giving them confidence in their choices.
Get More from Your House and Land Package
House and land packages provide a straightforward, flexible path to owning a new home or starting a real estate portfolio. By bundling land and building plans, they offer convenience, customisation, and great potential for long-term value.
With NyProperties, you get exclusive access to off-market listings, expertly curated packages for every budget, and personalised guidance to support informed decisions. Whether you’re aiming for a new home or investment property, NyProperties stands out with extensive experience across all of Australia’s prime locations and packages starting from $470,000.
Ready to make your move? Contact us today to discover your ideal house and land package tailored to your goals.
