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.

Types of House and Land Packages

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.

This is different from a house and land package where builders can increase the cost of construction once the project has commenced.

With turnkey properties, a fixed price for the land and home are set by the developer.

A homeowner is, therefore, able to know exactly how much it will cost to secure a specific home.

Read how to find a reliable builder in Canberra here.

Where To Find Suitable House and Land Packages

House and Land Packages in Canberra

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.

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.

Turnkey Property or Buying A House and Land Package?

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.

Other Considerations

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.

Some locations may be poorly developed or unserviced which can lead to 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.

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/

Why NOW is the perfect time to build

There are many factors that contribute to making the decision to build a house, but underpinning all other decisions should be your financial security.

If you’ve been paying attention to the news lately, you’ll know that interest rates are now at a record low after the Reserve Bank of Australia cut them earlier this month.

With rates at 1.75 per cent, the banks are beginning to pass along the cuts, meaning there’s never been a better time for you to build, whether it’s your first home or a new home.

Which banks are cutting interest rates?

The big four banks – National Australia Bank (NAB), Commonwealth Bank of Australia, Westpac Banking Corp and Australia and New Zealand Banking Group (ANZ) – have all agreed to cut variable home loan rates. Starting this month, these banks will begin rolling out their all-time low rates, check out when your bank’s cuts will take effect here.

What you’ll save

According to Canstar, the typical homeowner will save $72 a month on a $500,000 loan. This brings the average standard variable home loan rate down to 4.52 per cent. For those taking a $300,000 home loan, the cuts will push the variable home loan rate down to 4.4 per cent, introducing a saving of $44 a month.

Now, these savings may not seem like much, but they definitely allow extra breathing room for the bulk of home buyers who are looking to have a larger mortgage. For those who are first home buyers, these savings mean repayments will be similar to rental payments, meaning you won’t be paying “ridiculously above what (you’re) paying in rent” for your repayments.

Things to consider

There’s a few things to consider before diving in. Although the rates are low now, it’s inevitable the rates will fluctuate. While it is possible rates will continue to drop, they will eventually rise. First home buyers should make sure that they can afford repayments even if the rates were to rise.

If you want to make the most of the all-time low interest rates, now’s the time to start talking to Achieve Homes about securing your new home. Achieve Homes offer a whole range of home designs and house and land packages fit for almost any budget.

Disclaimer:  This information does not constitute financial advice and you should speak to a qualified financial advisor and your bank about your individual financial circumstances before buying a property.

What’s holding your house up?

There’s more to a house than four walls and a roof.

Foundations and footings, structural timbers and steel, and load bearing brickwork are all doing their bit to keep your house up for decades to come. So, how exactly does it all work?

Foundations and Footings

Houses sit upon a foundation which transfers the load of the walls and roof through the footings to the earth. A house without foundations would sink or topple over from the weight of other parts of the structure.

Footings are wider than the foundation so it can spread out the load of the rest of the house. They are sized according to the weight of the house, the type of rock/soil, available drainage and budget. The main types of footings you’ll find holding Australian homes up include, strip footings, concrete pad footings, ground injected piles, and timber piles.

Timber and Steel

A large majority of Australian homes are built using a timber frame due to its versatility and cost effectiveness. Steel is used throughout the construction to reinforce concrete and is sometimes used in place of timber.

Roof trusses are responsible for supporting your roof over your head while also holding your walls together. Timber trusses are light, durable and can span 10 metres or more without the need for reinforcement. Framing distributes the load of the roof towards the foundations and footings, again framing is typically a timber product and acts as the skeleton of the house.

Load bearing brickwork

The brickwork is an extremely important detail of any house. Not only do your walls keep you protected from the elements, but they take on the load of your roof, hold up against wind and a support a second storey if you’re house has two levels.

Structural Maintenance

It’s possible for buildings to move, the main cause being problems with the foundation soil. At Achieve Homes we provide new home owners with structural maintenance information to help you take care of your house. The CSIRO Foundation Maintenance and Footing Performance: A Homeowner’s Guide explains how to maintain your foundations and footings. The documents is designed to help home owners identify the causes of soil-related building movement, and suggests methods of prevention of cracking in buildings. If you regularly monitor and actively prepare your house through methods suggested by the CSIRO it’s possible to save yourself a lot of headache in the future.

If you’re interested in building a new house checkout our house and land packages here or contact us to find out more on how we can help you.

Why Googong? 10 reasons to invest

There’s no doubt that there’s been a lot of buzz around Googong – but how much do you actually know?

We’ve got 10 things you maybe didn’t know that will make you want to find out more!

It’s closer than you think.

If you’ve never been out to Googong before, you might be thinking that it’s ages away from, well, everything. Fear not – Googong township is located just 16 kilometres south-east of Parliament House. That’s a drive that’s about the same distance between the city and Tuggeranong Hyperdome, around 25 minutes. And with the jobs in Queanbeyan continuing to rise, you’ll be thrilled to be this township’s neighbour.

A vision bought to life

Googong consulted with everyone from urban and transport planners to water engineers and sustainability experts. Queanbeyan City Council and NSW Department of Planning and Infrastructure are on board and are fully committed to making Googong the best it can possibly be. The smart people over at Googong Township have spent years consulting the public.  Every element from the fun and flashy Club Googong through to the not-so-glamorous sewage system, has been carefully considered and consulted to plan this modern township.

Big township with small town vibes

Googong is set to cover 780 hectares, with the town centre comprising of approximately 40,000m2 of commercial space – about the same size as Manuka. While this is a significant investment in promoting growth in this new township, they haven’t compromised in creating community focused spaces, with 196 hectares dedicated to gardens and open spaces. This means you get all the access to modern facilities without having to forego a relaxing and healthy lifestyle.

It’s accessible.

It’s never been easier to travel between Googong and Canberra or Queanbeyan with considerable improvements being made to the main access roads. With main sections of the Edwin Land Parkway open from 2012, it’s easy to get to Tuggeranong, Woden and Canberra City from your home in Googong.

It’s priced competitively.

Wondering how all this compares to ACT land releases? A standard lot in Googong will cost you $170,000 less than a standard lot at Throsby. After a premium lot? Montgomery Rise in Googong is still $130,00 less than a premium lot at Denman Prospect

It’s super pretty.

Looking out over the picturesque mountain backdrop of the Molonglo Ranges, you’ll forget that the hustle and bustle of the city is only a short drive away! You’ll be able to walk out your new front door and be greeted by wonderful scenery.

Everything’s new!

New road linkages, schools, Club Googong (year round swims for all!), Beltana Park and Rockley Oval for playing and watching sports, playgrounds, community centres, a library, modern connectivity fibres, mobile phone coverage… We could go on, but you should have a look for yourself.

Go green.

Feel great about living in an environment that cares for the environment. Googong is proud of their purpose-built water and sewerage system that delivers recycled water to every home for toilet flushing and garden watering – as well as providing irrigation for parks and open spaces. They’ve built up a network of walking paths to encourage people to get on their feet – good for you, good for the planet! Add an abundance of ecological waterways and pond and habitats for protected native species, you’ll be feeling even better about your new home.

Googong is for everyone.

If you’re interested in living a life that’s relaxing, rewarding and sustainable – congratulations, you meet the criteria for being a homeowner in Googong. Everyone can find the right pace for their life here at Googong – we even have a dog park for your four-legged friends.

It’s going to be THE place to be.

Imagine the bragging rights you’ll score having been among the first to invest in this township that’s projected to house, educate, employ and entertain as many as 18,000 people. If you want to be among the first, check out the house and land packages we have available and contact us today!

Throsby is the answer

Throsby is the latest addition to sunny Gungahlin.

Sitting on the North side of Horse Park Drive and backing the Goorooyarroo Nature Reserve and Mulligans Flat Woodland Sanctuary, this suburb has all the convenience of the city with the stunning vistas of a regional township.

So, what makes Throsby so great? Here’s the answer to all your questions

What’s Throsby near?

Throsby holds a convenient location, being so close to the Gungahlin town centre, and within a few minutes drive of the Federal Highway. If you feel like a drive to the coast on a Saturday morning – no problem! Jump on the  Federal Highway followed by Macs Reef Rd, and you will be well on your way to the beach!

For those who commute to Gungahlin, Canberra City or Fyshwick, Horse Park Drive provides access to all major routes. Horse Park Drive’s east side recently underwent an upgrade, which has expanded its capacity to a dual carriageway and has cut the time to the east and south substantially.

And with the Light Rail Network set to commence in 2019, Gungahlin will soon be more connected than ever to Canberra City Centre and its surrounds.

What can I get up to in Throsby?

For the food lovers amongst you, the town centre of Gungahlin has cafés and restaurants aplenty.

Prefer to be out and about? You’re in the prime spot to enjoy mountain biking, hiking and walking, being so close to the Centenary Trail.

Want to shop til you drop? The Gungahlin town centre is now home to Bunnings, and will have K-mart by Christmas 2016.

Throsby is also the home of Mingle, a Community Development Program that provides fun social events to help you meet your neighbours.  The Mingle program consists of workshops, local events, community groups and plenty of fun filled for Throsby residents to get involved in their local community and learn about the resources available in the Gungahlin region, while connecting with their neighbours.

What’s the housing like in Throsby?

The release of “Prestige” has revolutionised housing options in Canberra. Enjoy the spacious and elegant living areas and the glamour of high end inclusions of these terrace homes. These low maintenance houses all have separate titles, meaning no body corporate issues for you to contend with!

If space is what you crave, Prestige @ Throsby is the answer. Each townhouse has spacious 2.7m internal ceilings, and multiple separate living and outdoor areas. Leave your day behind when you step into your luxurious 3.6 x 4.3 metre master bedroom with walk in wardrobe and double basin vanity in your ensuite.

For those who want to be close to nature, but still enjoy all the amenities that a major town centre provides, Throsby is the answer.

Buying a new home vs buying an established home

Buying a new home vs buying an established home? This is a question we constantly get asked, the truth is, there are advantages and disadvantages for both!

We’ve pulled together a list of what we love – and less than love – about purchasing an established home and purchasing a brand new home.

An Established Home

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Established homes tend to have an architectural beauty, charm and individuality about them – characteristics that are certainly difficult to find in brand new homes. They also bear a mature garden, which means there’s no need for costly landscaping, fence fitting or time spent nurturing a young, dependent garden.

Older homes are located in older suburbs, where the streets are lined with large, fully grown trees and established nature strips – a site that, in a new home, could take decades to come to fruition. Older homes also have larger blocks, meaning a bigger backyard and more space between your neighbours.

When purchasing a pre-loved home, buyers also tend to have more flexibility in their negotiating power on the price of the home. There’s also a good opportunity for savings/investment. However, if you’re lucky enough to save a bit on money buying an older home, it does beg the question – what do you need to spend money on to update or revote the house? Fixing up older homes can often be very costly. Renovations could range from simply replacing a toilet suite to needing an entire new kitchen. Then there is always the unknown, because you never really know what will need fixing (and the costs associated with it) until you move in.

Plus, there are a range of inspection and residential reports that you should get when buying an established home. These include building inspection reports, pest inspections etc, and range in cost.

A Brand New Home

Googong

There’s nothing like the luxury of moving into a brand new home. No maintenance or renovations are required because everything is brand spanking new; the paint is fresh; the floor is unscathed; and the kitchen and bathrooms are modern are functioning properly. There’s also the comfort of knowing that the products and components of your new home are still under manufacturer’s or builder’s warranty, so if something breaks you can get it fixed quickly and easily. And did we mention that new homes are guaranteed asbestos free?

The orientation of a new home is also likely to be much better compared with an older home. These days, houses are built to maximise sunlight in the right rooms at the right times of day. Not only does this boost the amount of natural light in your home, it also helps to ensure that you use your air conditioner less in summer and your heater less in winter, saving you money in the long run! New homes are also much more energy efficient than old homes. They use current, energy-saving materials, technology and appliances to reduce the impact on both the earth and your pocket.

While new suburbs tend to be in a more remote location, they are also better planned with nearby schools, shops, parks and other community and recreational facilities. Although, as mentioned above, it can take years for these suburbs to develop the natural beauty of an older suburb.

When purchasing a new home, buyers do not usually have much negotiating power on price and have less opportunity to for savings/investment. In saying this, if you’re an investment buyer, a new home can be quite appealing due to the depreciation benefits that can be transferred to tax benefits.

New homes also aren’t entirely complete just because the build has finished. There’s usually landscaping to be done, proper fences to be built and sometimes a driveway to be paved. Due to space restrictions, new homes are also built on smaller blocks, meaning they compensate the backyard to ensure a reasonably sized home. On the plus side, if you shop around, you should be able to find affordable, value-for-money house and land packages in a suburb to suit your needs!