Last updated on December 10th, 2020 at 05:55 am
Are you curious how to find the best house and land packages in Canberra? If you are a real estate investor or an aspiring homeowner, you’re probably looking for the best ways you can achieve the dream of owning a home.
You have probably heard about house and land packages in Canberra, but are not really sure of what they entail.
The following guide will introduce to various types of house and land packages on offer in this location, as well as inform you on how to find the best house and land packages in Canberra and nearby areas.
Real estate developers offer two options to potential homeowners in Canberra.
The first option involves a potential homeowner buying a piece of land and then going ahead to secure a construction loan using the land.
The second option involves a homeowner buying a house that has been already been built on the developer’s land.
Houses that are built by a developer for sale to homebuyers are commonly referred to as turnkey properties.
Turnkey properties are considered by many property investors and homeowners to be more convenient because the price of the properties is determined up front. Not to mention, the home is fully completed, ready to move in.
This is different from a house and land package where builders can increase the cost of construction once the project has commenced due to unforeseen delays, or additional site costs that may come up during construction. Another thing to note is that with a house and land package, you generally have to wait for the home to be constructed.
With turnkey properties, a fixed price for the land and home are set by the developer. However, this price is usually a little more expensive than if you were building a new property from scratch. In any case, you are paying for the convenience of a pre-built home, and the home owners are able to know exactly how much it will cost to secure a specific home.
Read how to find a reliable builder in Canberra here.
You can easily find a decent house and land packages in new estates that are popping up in Canberra.
You can also find some really good packages on local real estate listing websites.
However, if you really want to get the very best house and land packages in the area, your best bet is to contact individual property developers directly and ask them about specific packages that they have on offer.
In most cases, they will be more than willing to provide you with the information that you are looking for. Better yet, it is likely that you will have a few more design options to choose from, should you speak to them directly.
When dealing with a property developer, it’s important to do thorough background research on previous properties and developments they have dealt with.
You should do some due diligence to establish whether they are a reliable home solutions provider and should take a keen interest in estates that a particular developer has worked on before proceeding to use their services. Also, you should ask as many questions as possible when purchasing a house and land package in Canberra, and make sure that you get the answers you are looking for.
The main difference between these two types of home ownership options is cost.
If you decide to buy the land first and then build your home, you will have two financial obligations to deal with – one being the cost of the land and the other being the cost of putting up the house.
Depending on the package, these two costs may be consolidated or bundled up together for convenience.
With a turnkey property, the cost of the land and home are put together to form one fixed price.
However, the home will have been built according to the developer’s specifications so you will have no say in the design of your house.
When purchasing any house and land package in Canberra, it’s important that you carefully look at the infrastructure and amenities of the surrounding area.
It is common that new estates may not have had all of infrastructure in place to accommodate the amount of people living in these areas. Aspects such as roads, parking, public transport services and school service should all be considered when buying in a new estate to avoid unnecessary inconvenience in future.
Also, the costs of some packages may be inflated due to speculation by land brokers.
You should always make sure that you are getting the best value for your money.
Are you searching for the best designer and builder in Canberra to design and build your dream home?
Then look no further than Achieve Homes who build real homes for real people.
Achieve Homes is one of the most trusted designers and builders in Canberra and the surrounding NSW region. Achieve Homes has fast become a renown builder for the Canberra people and has won a number of awards, making us one of the best builders in the region. We pride ourselves on offering our clients the best available homes, with the best service throughout the building process.
If you are looking for house and land packages or any other building and design requirements, please call us today on 1300 234 432 or contact us through our website https://www.achievehomes.com.au/contact/
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