What is a House and Land Package?

Date Monday, 8 January 2018 12:00 AM

A house and land package is a term used by builders and developers to describe the product bundling of a new home and a block of land. House and land packages are attractive to potential buyers because they offer convenience and all-inclusive pricing.

Are there different types of house and land packages?

Yes. In Australia, two types of house and land packages are prevalent.

Type 1

  • The buyer is given a choice of blocks to choose from, and then asked to select a home design. This type of house and land package is sometimes called an “off the plan” package.

Type 2

  • The block of land and the house have already been selected for the buyer – but the house hasn’t been actually built yet.

Who buys a house and land package?

A large percentage of people who buy house and land packages are either first home buyers or investors. Both sets of buyers are driven primarily by financial considerations – like lower stamp duty, affordability and greater tax benefits (for the investor). We outline the benefits of a house and land package in a later question.



What does a house and land package include?

How long is a piece of string? Obviously, a house and land package includes a house and a block of land. But apart from this, no two house and land packages are the same. That’s why you need to examine any house and land package with a fine tooth comb – to work out the inclusions and exclusions. A house and land package from G.J. Gardner Homes always features a large number of inclusions.

What are the benefits of a house and land package?

There are a number of benefits associated with buying a house and land package.

Lower stamp duty

  • Provided the actual house hasn’t been built yet, stamp duty is only payable on the land component of the package.

Certainty around site preparation costs

  • The builder has already checked out the block to determine the level of site preparation required.


  • Many house and land packages are built to a price point – making them attractive to first home buyers and budget-conscious consumers.

Tax benefits

  • New homes are of interest to investors, as they provide attractive rates of depreciation in the early years. (Important Note: always seek professional tax advice when making tax-related decisions.)

How many contracts are involved?

A house and land package involves two separate contracts: one for the land, and one for the house construction.

Are there other costs involved?

Yes. Besides the cost of the house and land package, you’ll need to budget for stamp duty, conveyancing (searches, transfer of title) and legal fees. If you’re a first home buyer, you may be eligible for a stamp duty concession – just check your state government’s website.

Are finance loans structured differently for house and land packages?

In most cases, yes. A “house and land” loan is really two separate loans bundled together: a regular mortgage for the land component; and a construction loan (with drawdown facility) for the house component. However, once the house is completed, the two loans revert to a single mortgage.


Hopefully, we’ve helped you to better understand the ins and outs of buying a house and land package. As an award-winning national home builder, G.J. Gardner Homes has a wide range of quality house and land packages available for purchase throughout Australia. For further details, please contact us.


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