What a house and land package is
Realestate.com.au describes a house and land package as a way to arrange the land and the building work together, though the deal involves two contracts. The site says the term seems straightforward, but that understanding what is and is not included can be tricky.
The CEO of development for Stockland, quoted on the site, says what is standard in a new home usually includes a kitchen and bathroom that are fully fitted, windows and doors, built-in robes, points for electricity, TV and phone, fans, stairs and tiles. The site notes that many interior design elements cost extra, as do driveways, landscaping and fencing. The CEO of development for Stockland says builders may also offer additional inclusions, such as carpets and tiling across the home, stone benchtops in the kitchen, or stainless steel appliances, depending on the home and its style.
“Realestate.com.au describes a house and land package as a way to arrange the land and the building work together, though the deal involves two contracts.”
How the process usually works
Realestate.com.au sets out steps for buying a house and land package. It starts with finding a developer that offers a package, then choosing a builder and a home design. The site advises buyers to find out exactly what is and is not part of the deal, because builders and houses differ. It suggests visiting display homes to get a feel for the design and builder, and notes that many developers and builders provide 3D virtual tours for people who cannot visit an estate in person.
Once a house design is chosen, realestate.com.au says it is time to ask the builder questions. It lists what is included and what is not, the layout, when construction will begin and how long it will take, and which sustainability features are part of the design.
Inclusions, extras and other costs
Realestate.com.au says stamp duty, registration fees and other costs are not included in the package. It says buyers need to appoint a legal representative to deal with the developer and the builder, as with other property purchases, so that council and regulatory requirements are met. Connections for power, water, gas and internet are separate: the site says homeowners must contact utility providers to set up accounts and arrange connection.
After the land is owned, the CEO of development for Stockland, quoted on the site, says the owner is responsible for keeping it free of rubbish and debris, and controlling weeds that are excessive or overgrown, along with other materials. The CEO of development for Stockland notes that a council can inspect sites while building work is under way and can fine an owner when a lot is left untidy. The site also suggests that a solicitor check the contract for workmanship warranties, builder's insurance, the plans and specifications, and any variances, which are cost differences.
Checks before choosing a builder
Realestate.com.au sets out a builder checklist: whether the builder is licensed, whether they have builder's insurance, whether they have checked the lot for suitability, and whether the buyer has visited recent projects. The site says asking to see examples of houses the builder has completed in the last two years, and talking with owners if possible, gives an insight into the process and how happy owners are with their houses.
Questions
What is house and land?
Realestate.com.au describes it as a way to arrange the land and the building work together, though the deal involves two contracts. It says the term seems straightforward, but that understanding what is and is not included can be tricky.
How does house and land work?
Realestate.com.au sets out steps that include finding a developer that offers a package, choosing a builder and a home design, and checking what is included. The buyer holds two contracts, for the land and for the building work.
What is usually included in a house and land package?
The CEO of development for Stockland, quoted on the site, says what is standard usually takes in items such as a kitchen and bathroom that are fully fitted, windows and doors, built-in robes, points for electricity, TV and phone, fans, stairs and tiles. The site notes that many interior design elements cost extra, as do driveways, landscaping and fencing.
What costs are not included in a house and land package?
Realestate.com.au says stamp duty, registration fees and other costs are not included in the package. It also says connections for power, water, gas and internet are separate, and homeowners need to contact utility providers.
What should buyers check before choosing a builder?
Realestate.com.au suggests asking to see examples of houses the builder has completed in the last two years and, if possible, speaking with the owners. It lists checks such as whether the builder is licensed, whether they have builder's insurance, whether they have checked the lot for suitability, and whether recent projects have been visited.