Homebuilders use “house and land package” as a collective term to describe a “package deal” through which they offer customers a lot and new home built on it. Such land and house package deals are common in Melbourne and the rest of Australia due to thousands of home developers riding on the same bandwagon. But there are differences in the packages offered by every developer. This means potential homebuyers like you will have plenty to choose from.
While it’s good have several choices, choosing the best home and land packages may be confusing. Here are a few guidelines to help you choose the right “package deal” for you:
Two types of ‘Package deals’
There are two types of ‘package deals’ homebuilders offer:
- Customers can pick a lot and then design the home as per their liking
- Customers are offered a land with a pre-built home
The type you choose depends on your personal preference. But note that workmanship and quality of construction is likely to differ in a pre-built home as compared to those you can customise. In either case, make sure that the construction is as per standards given by authorities.
Start your search with the prices
When you start an online search, begin with the base prices of each deal. This will help you narrow down the options to those that fit within your budget.
Judge the developer
Once you’ve sorted out which developers you’ll contact, get to know their credentials. This is a very important step if you want to get your money’s worth. Check the builder’s track record, read through reviews, and gain an insight into his portfolio to know how reliable he is.
In Melbourne, anyone can buy a property regardless of whether they owned a house previously or not. So with that obstacle out of the way, start discussing the payment options with your chosen builder.