How a house and land package works depends on the developer and the package. Usually, property developers or building companies will package together various blocks of land with a selection of different house designs. Once you’ve selected a block of land and a house design, you will sign two contracts, one for the house and one for the land. 

On the finance side, people often take out a land loan to purchase the home, as well as a construction loan to cover the costs of the build.  You will need a deposit for these. 

You will then pre-select the design of your home from a selection of options, although there may be options to customise.  

The builder decides what’s included in your house and land package. Luxury home builders like Novus Homes offer a more polished, high-end home, with better finishes and more inclusions than your standard builder. 

Design: You typically choose from a range of pre-designed homes that the builder offers. These designs are created to complement the lot size and shape, often following the latest trends in architecture.

Construction: The price includes the building of the house using standard materials. You can usually upgrade materials at an additional cost.

Structural work: These include the foundation, walls, roof, windows and doors of the house.

Interior elements: Basic interior features include walls, flooring, standard electrical fittings, bathroom fixtures, and a kitchen with cabinetry and appliances.

Finishes & optional inclusions: Standard finishes usually consist of a range of tiles, carpets and paint. Higher-quality finishes are often available at an extra cost. You will usually have the option to include an upgrade to your fixtures and fittings, as well as your appliances, if there are higher-end models that you like. Some house and land packages will include landscaping, but if not, it can be an extra add-on. The same is true for driveways, fencing and air conditioning upgrades.

Financing a house and land package works on the same principles as any other house purchase, in that you will need a deposit and a loan. 

With a house and land package, however, one loan is likely to become two. 

Initially, you might take out a land loan, and once you're ready to build, you'd transition to a construction loan. It’s important to note that this could mean two sets of loan application processes, fees and potentially varying interest rates.

Without a fixed package deal, construction costs can vary based on builder agreements, design changes and unforeseen challenges. This requires diligent budgeting and often a buffer for unexpected expenses. At Novus Homes, we offer fixed price contracts exactly to avoid this issue. 

Some lenders may allow first time home buyers to secure a house and land package with lower deposit requirements, sometimes as low as 5% of the purchase price, especially when leveraging first homeowner grants.

Yes, first time buyers can buy house and land packages, with government incentives such as the First Home Owner Grant and stamp duty concessions all applicable to a house and land package. 

House and land packages in Perth are available at a range of entry prices, with some being perfectly suitable for a first home buyer. 

While house and land packages are a package deal, buying “off the plan” or “off plan” is more of a leap of faith. It means buying a home based on architectural plans. 

Choosing a house and land package in Perth will usually involve two contracts - one for the house and the other for the land - while the off-plan means a single contract. House and land packages will also offer buyers some customisation options. 

When it comes to a house and land package vs. off the plan, off the plan may offer less flexibility and be more of a leap of faith. 

House and land packages usually come with a set of standard inclusions, such as basic landscaping, a driveway, a kitchen with standard appliances, and bathroom fixtures.

When the designs are pre-set, the council will have pre-approved them, and they’ll be designed to fit within the developer's construction plans.

At Novus Homes, however, when building new we offer the opportunity to fully customise your home because we know how important it is that it suits you. 

A house and land package has a number of benefits, including both the amount of money and time that you might have to spend on the build process. They come in all shapes and sizes, which means there are house and land packages in Perth for first home buyers as well as those looking for a luxury upgrade. 

One of the huge advantages of a house and land package is how much more streamlined the process is. You get a centralised process because the same company is in charge of both the land you’re developing and the home you’re placing on it. Dealing with a single entity reduces the chance of miscommunication and means that things can proceed smoothly. 

Many packages, including Novus Homes’ packages, come with fixed-price building contracts, providing cost certainty and protecting you from unexpected increases in building material or labour costs. This makes budgeting and financing easier.

Speaking of budgeting, house and land packages are often more reasonable than buying both separately, as the developer is able to bundle some of the costs together and make it more competitive. 

While it’s not definitively quicker to build on a house and land package, choosing the house and land together, rather than having to search for land and then look for an appropriate design. Pre-selections can also speed up the process, and an experienced developer like Novus Homes will make the process feel seamless through open communication and complete transparency.