Four reasons to invest in a house and land package
Let’s face it, the idea of buying your first home is a daunting task. There are many important questions a first homeowner must ask themselves to ensure they make a good investment.
Do I want to buy old or new? Am I going to live in my new home or rent it out? Do I want to make a smaller return quickly or a long-term investment?
These questions must be asked because purchasing a home is one of the most important decisions a person will make and one of the key choices is whether to buy an established property or a house and land package. When considering this choice, there are several significant benefits from opting for a house and land package that shouldn’t be overlooked.
Here at WA Country Builders, we have a team who have decades of home build design and construction experience under their belts. So here’s the top four reasons why we believe you should invest in a house and land package today.
1. Cost
When it comes to choosing a house and land package, one of the main advantages is the savings. House and land packages are a great option for young people wanting to buy their first home without entering into a lifetime’s worth of debt.
At WA Country Builders, we aim to take the hard work out of finding your first home for an affordable price. We understand that getting a grasp of your financial situation can be overwhelming. That’s why we work with a network of experienced first home finance brokers ready to help you every step of the way.
Offering a number of services, including a no obligation, free finance assessment, we can help get you out of the renting trap and into your first home much cheaper and sooner. $3,000 will get you started on your path to home ownership, so speak to our team to see if you qualify or additionally, use our loan calculator to see if you qualify for first homebuyers grants.
With our range of great value house and land packages beginning at $318 per week*, our low deposit and no savings finance options will save you the hefty home loans required by banks and get you into your new home even quicker. Simply start by telling us your budget and we will assess your financial needs and recommend solutions that suit you.
2. Maintenance
Another great money saver when you buy new is there is little to no maintenance required or major expenses in the foreseeable future. This is a significant saving when you consider one of the main costs of an investment property is the maintenance and upkeep. As a result, overall costs are lower and the property retains its value for longer.
Choosing a reputable building company is also important, as the right builder will use higher quality materials and better construction techniques, meaning the home is well built and easier to maintain. Opting for a house and land package will also mean that your home will benefit from the latest technology and design innovations that are less likely to break down or need updating unlike in established homes.
3. Convenience
Another advantage of house and land packages are the overall convenience they provide. Given that the house and land are packaged together, your purchase process is streamlined, meaning that buying and moving into your dream house has never been so quick and simple.
It also means that the costs involved in the purchase of your house and land will be bundled together into the one loan. Having a single financial arrangement simplifies the process of buying land so you can start building straight away, as opposed to buying a block on its own and potentially running into building restrictions or associated costs that may halt the build.
4. Choice
One of the main selling points of investing in a house and land package over buying or renting an established property, is that you can choose the most suitable block and customise the house design to suit the needs of you and your family. By buying a property before it’s been built, you are able to liaise with the builder throughout the entire process, providing input from the initial floor plan to the finishes, fixtures and fittings.
So if it’s a brand new, single storey home you seek for your first investment property, WA Country Builders have a great range of stylish home designs to suit a variety of blocks and sizes.