House and Land Packages

“Builders may also offer additional inclusions, depending on the price and style of the home. For example, it may include carpets and tiling throughout, stone kitchen benchtops or stainless steel appliances,” Whitson said. Searching for your forever home in a dream location can be an exciting but overwhelming and time-consuming process.
See what’s included by exploring our inclusion levels and discover the thoughtful touches that make a Coral Home unique. Every home is built with premium materials, innovative designs, and lasting durability, ensuring you enjoy exceptional value. Whether it’s a cosy starter home or a spacious family residence, you can expect stylish finishes and practical layouts that cater to modern living. Learn more about what Property Development Finance Australia makes Coral Homes the trusted choice by visiting our Why Coral Homes page. Offering unparalleled industry insight and experience, we can help turn your home design ideas into a reality. Whether you have big plans for a complete customisation or only a few small ideas, choose Plunkett Homes.

Unlike the construction option, which only charges interest on what you’ve drawn down, a top up will mean you’ll start paying interest on the whole loan at the  outset. If you have equity in your property, you may be able to use it to increase your home loan, without using your to-be-constructed property as security. You might also be able to top up using equity you have in other investment properties or your block of land. They let you use your construction option to pay for specific stages of your build or reno, at various steps of completion.
Easystart Homes acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters on which we live and work, and we offer our respect to their Elders, past and present. In addition to depreciation, there are a range of other tax benefits that can  apply to investment properties. Please note by filling out this form you will be added to our VIP mailing list whereby you will be the first to hear about new home designs, display home openings and our latest offers and promotions. If you would like to be the first to hear about new home designs, display home openings and our latest offers and promotions then simply add your email address above to be added to our VIP mailing list.
If your goal is to buy a new home, but you like the idea of building your dream home from scratch, then a house and land package might be the perfect solution for you. In the following blog, you’ll learn what a house and land package is, how it works, what’s included at Coral Homes and most importantly, how it’s financed. The process of getting a home loan usually takes somewhere between 2-6 weeks from start to finish. If you’re approved, you will need to review and sign the loan contract. Pre-ApprovalSecuring home loan pre-approval is also a crucial early step, requiring careful consideration of deposit requirements alongside a solid savings strategy to meet these requirements. Aligning yourself with an experienced financial advisor or mortgage broker will be an essential part of this process, so it pays to shop around for the best rates.

If you buy a house and land package where you pay an initial deposit, then don’t make final payment until the property is completed, then you’ll have to pay stamp duty on the whole price (land and construction). Whereas if you buy a house and land package where you purchase the land separately and pay the builder separately, you’re only paying stamp duty on the land. Most buyers require financing to pay for their house and land packages.
Variable rate home loans offer greater flexibility because you can make additional repayments and redraw, pay off your loan early or take advantage of an offset account. Fixed home loan rates mean the interest rates on your home loan are locked in for a set period. Rate changes will not affect you and your repayments will remain the same during the fixed rate term. However, you may be charged costs if you change any of the terms of the loan, for example, make additional repayments above a permitted limit. Most home loans can fund up to 85-95% of the value of your property, which means you’ll need a minimum of up to 5-15% as a home deposit. For example, if you borrow more than a certain level (commonly 80% of the value of the property you’re using the loan to buy), you might have to pay lender’s mortgage insurance (LMI).
Be wary of packages that look “too good to be true”—often, these hide essential costs like siteworks, which can blow out your budget later. Explore our house and land package locations today and discover where your next chapter could begin. From the family-friendly neighbourhood of Southern River to the urban appeal of Success, our house and land packages cater to a diverse range of tastes and preferences. Enjoy the tranquil community living in Aveley, or immerse yourself in the beautiful surroundings of Byford.

This will help to identify mistakes early which can be expensive to fix later. When you buy a block of land and enter into a contract to build a house, you will need to consider other factors beyond the floor plan and finishes of your new home. Most developers will have display homes in new estates or in a nearby suburb. Display homes allow you to see up close the kind of home you may be interested in, and they can give you an idea of the kind of interior and exterior options that are available. Display homes are also a great chance to speak to a sales consultant and ask them all the questions you have about the process to buy a home and land package. House and land package loans are typically assessed in the same way as a standard home loan.
Our in-house finance experts at Snap Finance are here to guide you through the process and help you find the most suitable solution for your needs. Land price and availability is subject to change at any time and without notice. Price shown does not include additional amounts payable in respect of variations to the house design requested by the buyer.

As always when considering buying a house, confirming your budget and finding a design that is the best possible fit with the money you can afford to spend is critical. You should understand your borrowing capacity before you begin to discuss the building options you have available. Depending on your circumstances, you may be eligible for government grants designed to stimulate economic or construction activity.
In particular, pay attention to flooring, appliances, facade options, internal finishes and landscaping. There are several types of house and land packages available in Australia. It is worth familiarising yourself with them to help you choose the best option. Instead of searching for land separately and managing multiple contractors, the land and building components are bundled together. Generally, you’ll sign a land contract for the lot and a building contract for the property.
Remember to consult with finance professionals throughout this process to ensure you're making informed decisions about one of life's biggest investments. With the right team supporting you, your dream home can become reality sooner than you might think. Get in touch if you have any questions about the cost of building a home, finance and interest rates, or your borrowing power. “The capital gain over the past 25 years equates to an annual growth rate of 6.8% for houses and 5.9% for units.

If you're holding funds for furniture, landscaping, or other post-settlement costs, parking them in a linked offset account means those savings reduce your daily interest calculation. On a $600,000 loan with $20,000 sitting in offset, you only pay interest on $580,000. Most lenders won't link an offset account during the construction phase because the loan is still drawing down.