Austral is a suburb of Sydney that is a few minutes away from the major city center of Liverpool. The suburb is emerging as a prime location for residence due to its strategic position, which lends access to commercial areas, schools, and transport hubs. Aside from this, Austral is also expected to grow further due to increasing property development.
Given the rising popularity of Austral as a residential area, real estate is booming in the suburb. You will find several property types, with house and land packages becoming more and more prevalent. You no longer have to go through the hassle of searching a lot and building your property. Concerning house and land packages Austral has many property developers who give you the option to add specific customizations so you can get the best package combination.
Best Value For Money
One of the greatest things about getting a house and land package is that you can easily understand your costs. There are typically many costs that may be unclear when building your property, especially if you are working with an interior designer or architect. Thus, house and land packages are particularly suitable for you if you are working around a limited budget or having your finance pre-approved.
Aside from this, house and land packages, Austral tend to cost less than existing properties, so you get the best value for your money. It will help to look through your options in the market before choosing your package to find the most affordable deal.
Personalization Options
Most developers will give you the option to personalize your home to fit your needs. Customization may include wall placement or interior designing, which includes decisions on the tiles, light fixtures, colors, and others. The advancement of technology also gives you the flexibility to participate in every decision. From choosing your builders to matching your preferred design, you can do all these through the company’s online website.
Time-efficient
Another reason why house and land packages are so popular in Austral is that they are incredibly time-efficient. It can take a considerable amount of time to design your home and find the appropriate contractors, so having a package can save you so much time.
Simplified Process
Essentially, what is happening when you purchase a house and land package is that you are getting two separate contracts: a land contract and construction contract. However, the process is streamlined since you are getting both from a single vendor. You do not have to coordinate with two separate vendors to make sure things go smoothly, which will save you much time and effort.
Another perk to having two separate contracts is that you only have to pay stamp duty for the land. If you are unsure of how this works, it will be best to contact your property developer to clarify the technicalities involved.
First Home Owner Grant
If you are buying a property for the first time, you can also benefit from the First Home Owner Grant, which may differ among states but generally provide you with some form of incentive. This grant will help you finance your new home and significantly cut down on your costs.
Despite the continuous evolution of the real estate industry, house and land packages continue to be the most popular choice for first-time buyers in Australia. The value and flexibility of such deals continue to be a selling point for most buyers, especially since housing costs can rise drastically at times.
