All builders and houses differ, so buyers should find out exactly what is and isn’t included as part of the deal. Selecting the right land and house package requires careful consideration to ensure it meets both lifestyle and financial needs. At this stage, the lender will undertake valuations for financing purposes and then extend the loan to the investor. The investor has no need to make progress payments as the house is built, but will be reliant on the bank agreeing valuation. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.
We calculate that the amount displayed is the difference between amount that Self Employed Home Loans Australia you pay on rent each week and the expected repayment rate of owning your own home. Calculations are meant as estimates only and it is advised that you consult with a Licensed Mortgage Broker about your specific circumstances. Often, the perfect fit—whether it’s the coastal vibe of Alkimos or the family community of Byford—might be in a suburb you hadn’t initially considered. South of the river, Piara Waters, Anketell, Hilbert and Wellard are popular with families and young professionals alike. These areas offer excellent schools, local shopping centres, and easy access to public transport, making them a smart choice for those seeking a balanced lifestyle.
A construction loan is paid out in stages, where you progressively draw down on the loan throughout the construction process. With a construction loan, you’ll only pay interest on the portion you draw down during construction and on the full loan amount when the build is complete. We can design your home floor plans based on your land size, including narrow lots, and include all the design elements to suit your lifestyle. Deposit requirements vary but we do work with lenders who offer low and no deposit finance options. If you’re an investor, remember that you will be without tenants for the duration of the build and will be responsible for all interest repayments on the loan which will have you negative gearing for some time. Many investors prefer the ready built turnkey method as they avoid this aspect.
Finally, our team of experts are committed to guiding you through every step of the process. They’ll help you understand your budget, finance options, and even potential government grants, ensuring you get the most out of your investment. Researching Different Packages Available in Your AreaWhen it comes to buying your first house and land package, the best place to start is by researching the packages available in your area. There are a number of ways you can do this, including through online searches, engaging with an experienced real estate agent, or even simply driving around and inspecting potential properties. When researching potential packages, there are several things you should consider. Different packages come in a range of sizes, styles and prices, so it is important to think carefully about what is right for you.
With loads of options north and south of the river, you’re bound to find the perfect spot to start the exciting next chapter of your life in your new home. House and land packages provide a straightforward, flexible path to owning a new home or starting a real estate portfolio. By bundling land and building plans, they offer convenience, customisation, and great potential for long-term value. Evaluating a house and land package also means considering the reliability of the developer and builder.
But what you didn’t expect was how hard it is to find the home of your dreams. If you’re tired of tirelessly house hunting for the ideal home (or you don’t want to go through the arduous experience at all), house and land packages may be the perfect solution. House and land packages enable you to build the home you want, where you want to build it. With the right advice, you may be able to borrow up to 95% of the value, and take advantage of grants and other government schemes. There are also stamp duty concessions for first home buyers that may be applied in some states. If you settle on a property without meeting the eligibility criteria, this offer will not apply and you will be required to pay the standard list price for your conveyancing services.
From building contracts, construction loans, progress payments and everything else, we’ll help cut through the complexity to give you simple and trusted advice for your house & land finance. House and land packages present excellent opportunities for investors, particularly those seeking modern properties in growth areas with strong rental demand and capital appreciation potential. Our Mortgage Brokers work with specialist investment lenders who understand the house and land package market and can offer competitive interest rates and loan features tailored for investors.
Novus Homes is a Western Australian success story and is one of the most respected and highly awarded builders in the Perth market. If you're after a quieter pace without giving up city access, our south-east packages deliver. Clyde North and Officer South are close to Dandenong, Cranbourne, and the Mornington Peninsula — perfect for families who want the best of both worlds. You may have the option to roll the two loans into one or leave them separate. This could be because you are at the beginning of your home build planning journey or potentially you are still working with your Builder and Council to firm up your construction plans. Take advantage of our current home loan offers that could help with your, new, existing or next property.
The Australian Government 5% Deposit Scheme helps first home buyers and single parents get into the market sooner with a smaller deposit. A portion of every settled home loan builds homes for families in the Philippines. Megan Birot is a Finance Writer and Head of PR at Money with over a decade of industry experience. She keeps her finger on the pulse of financial trends, providing journalists and media with data, insights, and news that help Australians navigate complex topics and concepts. She's certified in Finance & Mortgage Broking and is compliant to provide general advice in Tier 1 General Insurance.
We’re proud to present a collection of environmentally safe house & land plots specifically designed to meet the needs of conscious living individuals. Our mission is to build socially, environmentally, and financially responsible house & land opportunities, ensuring a healthier and greener future for Australian families. Another benefit is that new house and land packages are often built with sustainable materials. As the construction industry becomes more and more environmentally conscious, so do the houses that are built.
It could be some time before we see lower home loan interest rates in Australia. The RBA increased the official cash rate at its first two Board meetings of 2026, with both variable and fixed home loan rates increasing in response. Aim to lower your LVRTo get the best home loan interest rate, your LVR should be 60% or less. Every borrower should aim to lower their LVR to 60% as soon as possible.
For example, some homebuilders will include the driveway, fencing, and landscaping while others may not. For this reason, it’s essential to clarify the inclusions and exclusions in the house and land package prior to committing to the build. If this is your first time considering a house and land package, there are a few key questions you should ask to ensure you’re making the right decision for your first home or investment property. House and land packages offer a more streamlined option for buyers and investors.
We offer a comprehensive range of home loan solutions including owner-occupier loans, first home buyer packages, refinancing options, and specialised lending products. Every situation is unique, which is why we work with multiple lenders to find the right fit for your circumstances. Book a free consultation with our experienced brokers to discover which loan options best suit your needs and financial goals. If you’re planning to build your dream home, one of the first decisions you’ll face is whether to go with a house and land package or buy the land first and build later. While this might seem like just a lifestyle choice, it has major implications for your construction loan approval, timeline, and overall costs. A land loan is a mortgage you can take out to buy a vacant block of land when there’s no building contract in place yet.
No matter the size of your block or the number of bedrooms you need, Brighton Homes will work with you to bring your vision to life. Your home is a huge investment and you should be confident that your builder is up to the task of giving you everything you want for the price that fits your financial situation. Check their previous work, ask around about them, check testimonials and make sure their brand is spotless. Buyers also need to appoint a legal representative to liaise with the developer and the builder, as with all property purchases, to ensure council and regulatory requirements are met.
House & Land Packages from best Mortgage Broker
·
6 min read
