A house and land package pairs a block of land with a home design matched to that block. With Hotondo Homes, the design is pre-selected to suit the land, so you skip the work of matching a plan to a site. You can browse available packages across Australia and work with your local Hotondo Homes builder to personalise the home to suit your lifestyle and needs.
House and land packages can suit both owner-occupiers and investors because the price is clear upfront and the home is new, which can mean lower maintenance and strong rental appeal. As you generally pay stamp duty only on the land rather than a completed home, the upfront cost can be lower than buying established. Speak to a Hotondo Homes builder and your financial adviser to assess your situation.
In most cases you pay stamp duty only on the land component of a house and land package, not on the completed home, because the building contract is separate. The exact amount depends on your state or territory and your eligibility for first home buyer concessions. Check the rules with your state revenue office or ask your local Hotondo Homes builder.
Deposit requirements vary by lender and your circumstances, but house and land packages are often structured as a land loan plus a construction loan, which can mean a smaller initial outlay than buying established. Talk to your lender or broker and your local Hotondo Homes builder about the right structure for you.
A house and land package is a single purchase that combines a block of land with a new home design built on it. It gives you a brand-new home in the location you want with a streamlined buying process. Hotondo Homes offers house and land packages in locations across Australia, with home designs selected to suit each block.
There can be flexibility in a house and land package, for example in the design, inclusions or upgrades, depending on the land and stage of the development. The best approach is to talk to your local Hotondo Homes builder about how a package can be personalised to your budget and what options are available.
