Everything you wanted to know about buying a house and land package
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Buying a house for investment purpose or residential purpose is still a dream come true for many people across the globe. People work day and night to make sure they buy their own house some day. People who are more fortunate purchase houses for investment purposes for their coming generations. Buying a house has become even a status symbol for some people. No matter for what purpose you purchase a house, you want to spend less and get more. A good Home Builder Adelaide will suggest many types of houses from individual houses to row houses, apartments and planned cities but in this article, we will be talking about land packages which are very popular these days in Australia.
What are land packages
Before getting to know about other details of land packages, it is very important to know what exactly are the land packages. This is the generation where people want quick results without compromising with the quality. The same goes with building houses hence most of the new house constructions these days are done by the developers acquire land by taking the permission from the Government and start constructing the basic infrastructure like roads, water, sewage and other utilities. After they are done with the basic constructions, the developers start building homes and sell those homes with the land which is called a home and land package. Apart from selling the land package, the developers offer you a number of customisable or standard home designs where you can choose the design which you like and the house will be constructed based on the same design. This is also called a land package but comes with more options for the customers.
How to search for house and land package
There are various house and land packages available in the cities and a lot of constructions are going on everywhere but you are not aware because you are busy with your work. You can definitely find the land packages in golfing estates and retirement villages and also sometimes in eco-villages. The traditional approach would help you as well if you search in the local newspapers where they keep on posting a lot of ads related to the ongoing construction projects. Best new home builders Adelaide post ads about projects and also there are websites which are run by the developers who post ads and house designs available for customers on their websites.
Advantages of purchasing a house and land package
There are many advantages of buying a house and land package which is why it is extremely popular in this new generation of buyers in Australia. Some of the advantages are listed below
- Cost-effective
House and land packages are extremely cost-effective in comparison with the already established homes. While your house is being constructed, you can gather funds and apply for loans in between for your houses.
- Less maintenance required
One of the best things about buying a house and land package is that they are maintenance-free for many years after construction. These are usually covered by warranty and you do not have to worry about the maintenance cost in the near future.
- Lets you be worry free
You do not have to worry at all about the land costs, sites, sewage, water supply etc and just have to decide the site and design what suits you the best. Rest everything is done by the developers and you can carry on with your work without having to worry about the construction hassles
- Ready-to-move
The houses constructed under the land packages are totally ready-to move as they are fitted with lights, taps, Thermostats and all other basic utilities that you need in your daily life. Apart from that, the walls are painted as well and hence you can just move in as soon as you get the keys
Disadvantages of purchasing a house and land package
While there are so many advantages, there are very few disadvantages as well which you must keep in mind. When it comes to the choices offered by the developers, the customers have a very few choices in terms of designs and possible alterations. If you buy a land and construct it on your will, you will have a lot more choices and it will be constructed on the design selected by you. The other aspect is the money. Although the packages are cost-effective but it takes time for the construction and during that time you have to live in a rented house which could add up to your expenses.
