You’ve seen the ads everywhere – “Brand new homes from just $750,000!”
But what does that attractive price tag actually get you?
In this video, Kate breaks down exactly what’s behind house and land package pricing so you can make smarter investment decisions.
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You’ve seen all the ads.
Brand new homes from just seven hundred and fifty thousand dollars.
But what does that price actually get you?
Are you ready to make Smarter property investment decisions?
I am Kate Hill, qualified property investment adviser, and I am here to help you cut through all the noise with some honest, no hype advice.
If you want real strategies, real tips, zero fluff, then you are absolutely in the right place.
So today, let’s have a look at what is really behind the price tag of that house and land package.
Is it too good to be true?
House and land packages are often promoted with the headline grabbing numbers.
And while they absolutely can be a smart investment, it is critical to understand how the pricing actually works.
So from base inclusions and site costs to landscaping and upgrades, many new investors are often surprised by what is not included in that price tag.
So here, we are gonna unpack how builders structure house and land pricing and what to look out for before you sign.
Many house and land packages are made up of two contracts, one for the land, one for the construction.
So that is why you’ll often see pricing split between a land cost and a from price for the build.
But here’s where things can get a little bit murky.
The build price you’re quoted is often a very much a base price, and there can be big differences in what’s actually included.
And don’t get confused between the role of the developer and the role of the builder.
The developer sells you the land while the builder obviously provides the actual home.
Now sometimes these are bundled together, but you’re usually dealing with separate parties.
Now this means inclusions, timelines, contracts need to be reviewed individually and, of course, thoroughly.
So if you look at what’s included and what’s not, inclusions can vary wildly.
The base price often includes the really the bare minimum, standard fittings, no landscaping, basic tiling, little to no allowance for any site works.
You may not get air conditioning and upgraded kitchen appliances or even fly screens.
The site costs are a major variable.
Right?
Site work, so the cost of preparing your block for construction, they are often not included in that base price, and they can vary significantly depending on the slope, the soil type, the retaining requirements.
Obviously, if it’s on a slope, these can add ten to forty thousand dollars or more to that final price.
And what does fixed price actually mean?
A fixed price package can still include provisional sums and estimates for things like site costs, driveways, external works.
These can be revised upward during the build process unless they are truly locked in.
So how do you protect yourself?
Always ask for a fully itemised quote that specifies exactly what is included.
Look for turnkey packages that include fencing, landscaping, driveways, window furnishings if you want a tenant ready product particularly.
Get everything in writing and avoid verbal promises.
That shouldn’t come as a shock.
Upgrades can add up very quickly.
Things like stone benchtops, premium flooring, feature lighting, facade changes.
They can add tens of thousands.
Builders often offer low base prices and make their profit on the upgrade, so it’s easy to overspend without realising.
Changing plans after contracts are signed can incur hefty variation fees.
Decide on your layout and inclusions upfront if you can, and stick to the plan to avoid timeline and budget creep.
House and land package can be a great way to build a modern low maintenance investment property, but only if you understand what you’re paying for.
You need to ask all the right questions.
You need to get the detailed breakdown.
Don’t get caught off guard by exclusions and extras.
The cheapest package isn’t always the best deal.
Your clarity, quality, and transparency, these are worth every cent.
If you’re ready to take all the guesswork, as I’ve been talking about, out of property investing, I would really love to help you with that.
Whether you’re figuring out where to buy through our property pathway service or you’re ready to create a tailored new build property investment, we will guide you every step of the way independently and transparently and with your goals always at the centre.
I know it’s very tricky out there, and I would love to help you.
You can learn more at adviseable dot com dot a u.
As always, everybody, thank you for watching.
I love doing this.
I hope you enjoy all the free content.
I will chat to you soon.
Bye.
You’ve seen all the ads.
Brand new homes from just seven hundred and fifty thousand dollars.
But what does that price actually get you?
Are you ready to make Smarter property investment decisions?
I am Kate Hill, qualified property investment adviser, and I am here to help you cut through all the noise with some honest, no hype advice.
If you want real strategies, real tips, zero fluff, then you are absolutely in the right place.
So today, let’s have a look at what is really behind the price tag of that house and land package.
Is it too good to be true?
House and land packages are often promoted with the headline grabbing numbers.
And while they absolutely can be a smart investment, it is critical to understand how the pricing actually works.
So from base inclusions and site costs to landscaping and upgrades, many new investors are often surprised by what is not included in that price tag.
So here, we are gonna unpack how builders structure house and land pricing and what to look out for before you sign.
Many house and land packages are made up of two contracts, one for the land, one for the construction.
So that is why you’ll often see pricing split between a land cost and a from price for the build.
But here’s where things can get a little bit murky.
The build price you’re quoted is often a very much a base price, and there can be big differences in what’s actually included.
And don’t get confused between the role of the developer and the role of the builder.
The developer sells you the land while the builder obviously provides the actual home.
Now sometimes these are bundled together, but you’re usually dealing with separate parties.
Now this means inclusions, timelines, contracts need to be reviewed individually and, of course, thoroughly.
So if you look at what’s included and what’s not, inclusions can vary wildly.
The base price often includes the really the bare minimum, standard fittings, no landscaping, basic tiling, little to no allowance for any site works.
You may not get air conditioning and upgraded kitchen appliances or even fly screens.
The site costs are a major variable.
Right?
Site work, so the cost of preparing your block for construction, they are often not included in that base price, and they can vary significantly depending on the slope, the soil type, the retaining requirements.
Obviously, if it’s on a slope, these can add ten to forty thousand dollars or more to that final price.
And what does fixed price actually mean?
A fixed price package can still include provisional sums and estimates for things like site costs, driveways, external works.
These can be revised upward during the build process unless they are truly locked in.
So how do you protect yourself?
Always ask for a fully itemised quote that specifies exactly what is included.
Look for turnkey packages that include fencing, landscaping, driveways, window furnishings if you want a tenant ready product particularly.
Get everything in writing and avoid verbal promises.
That shouldn’t come as a shock.
Upgrades can add up very quickly.
Things like stone benchtops, premium flooring, feature lighting, facade changes.
They can add tens of thousands.
Builders often offer low base prices and make their profit on the upgrade, so it’s easy to overspend without realising.
Changing plans after contracts are signed can incur hefty variation fees.
Decide on your layout and inclusions upfront if you can, and stick to the plan to avoid timeline and budget creep.
House and land package can be a great way to build a modern low maintenance investment property, but only if you understand what you’re paying for.
You need to ask all the right questions.
You need to get the detailed breakdown.
Don’t get caught off guard by exclusions and extras.
The cheapest package isn’t always the best deal.
Your clarity, quality, and transparency, these are worth every cent.
If you’re ready to take all the guesswork, as I’ve been talking about, out of property investing, I would really love to help you with that.
Whether you’re figuring out where to buy through our property pathway service or you’re ready to create a tailored new build property investment, we will guide you every step of the way independently and transparently and with your goals always at the centre.
I know it’s very tricky out there, and I would love to help you.
You can learn more at adviseable dot com dot a u.
As always, everybody, thank you for watching.
I love doing this.
I hope you enjoy all the free content.
I will chat to you soon.
Bye.
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