They can be a good investment because they are often cheaper to buy than a similar established home. This means that once the building has been finished and all the extras provided, the investor has the equivalent of an established home but at a lower cost. A new build is also likely to have lower maintenance costs during the first few years of ownership.

It’s the perfect solution to home ownership, where you can purchase a block of land and a new home as a complete package.

Instead of buying a parcel of vacant land and then looking for a custom-built home design and a builder to create your home, you can opt for a house and land package. Our House and Land packages are typically offered to us via property developers.

We have numerous home designs to choose from, with customizable features to suit your needs and budget.

Alux can customise your home design and match it with sought-after blocks of land across South-West and North West regions, and then package these with our extensive inclusions and optional extras to inspire you.

All you need to do is choose a location that suits you then choose your perfect house and land combination. When your home is built, it’ll be ready for you to turn the key and move in.

Depending on where you build, your land could be ready to ‘buy and build’. This means you purchase your land and can settle immediately, and once council building approvals are in place (usually within 1-2 months) you can go straight to construction.

House and Land is a popular option for first home buyers, investors and upsizers. For first home buyers, buying a house and land package can come with certain government incentives, such as first home buyer grants or lower stamp duty fees which are generally applicable to new property.

For investors, it makes sense to add properties with higher land content as part of a diversified portfolio and tenants are likely to be families, and particularly young families.

Upsizers are typically those who are moving from an apartment or townhouse and need more room for a growing family.

More specifically, house & land can offer significant stamp duty savings, as stamp duty is payable on the land value only (not the house).

• Seek pre-approval of your home loan.
• Then decide on a home design and any variable features or additions.
• Choose a parcel of land or vice versa.
• Ensure you are happy with the final design knowing exactly what is, and is not, included.
• Confirm the final price and how long the build is expected to take.
• Organise final approval of your home loan.
• Exchange contracts.
• Inspect your home regularly during the construction phase to watch out for any problems.
• Release progress payments via your lender as the construction proceeds, when you are satisfied that each stage has been completed.
• Conduct a detailed inspection of the finished project before releasing the final payment.
• Move in.