Pros and Cons of Buying House and Land Package

By First Home Australia In News No comments

When you are considering purchasing a house and land package, there are a few pros and cons for you to consider:

Pros

Once you have purchased your first house and land package with the assistance of the government grant, and have lived there for a period of six months; you can then rent it out. Actually, tenants love homes which are new compared to older houses.

Maintenance

With a new home, the amount of maintenance should be minimal for the first few years.

Stamp Duty

You can make a saving of many thousands of dollars on stamp duty because you will only pay for the land portion before the building has commenced on the house structure.

Cons

Profit

With new homes, these are being constructed to make a profit for the developers, and the company involved with the selling. There is also a portion that goes towards the marketing of the properties in question.

Locations

Many locations are on the outskirts of the city and may not seem an ideal location for you. So, property prices may sometimes grow slower than further into or in the city.

Uncertainty

Many developers build house and land packages, and their finished product may not meet your requirements.

First Home Australia Solutions

We as a company have looked at all the cons and aimed to address them, so you will be left with a win, win situation.

Profit

It is true, house and land packages are built to make a profit, although First Home Australia have looked at this and offer a $10,000 incentive bonus. And if you are currently renting, we propose to pay your rental fees until your new home has had its construction completed and you have received the keys.

Locations

The locations where our many thousands of properties are located have been carefully chosen. Beautiful locations that are well geared for work, shopping and leisure activities and needs.

Uncertainty

We make sure our finish is top notch and give a 6-year structural guarantee, a 12-month guarantee on all materials and craftsmanship, and all fitted appliances come with manufacturers warranties.

As you can see, there is nothing but fantastic benefits for you, and the whole process has been simplified to make owning your own dream home a reality rather than just a possibility.

We’d love to hear from you today. Give us a call and one of our specialists will help you to get started. There’s never been a better time to buy your new house and land package.