If you’re thinking of
buying your first home or preparing to invest in property soon, it’s easy to
get overwhelmed by all the details involved in finding and purchasing the
perfect property. But, with so much time, money and effort on the line, it’s
important to ensure you’re making an investment that will truly pay off in the
long run. Buying new home and land
packages in Sydney can help you do just that – here are fourkey reasons
why this type of property is such a smart purchase for your future!
1. They’re Cost-Effective
Sydney is one of the most
expensive cities in the world, making it difficult for many to purchase
property. However, new house and land packages offer an affordable alternative.
Yes, with ahome and land package in
Sydney, house-hunters can now own their piece of Australia’s beautiful city.
With key considerations such as location, size, quality and price taken into
account when designing these packages, they provide an affordable way to enter
the housing market without sacrificing quality or location.
It might be more
expensive than buying a pre-built home but often substantially less expensive
than purchasingthe land separately. These packages may also provide more space
since they are usually larger than what is offered in typical housing
developments. In addition, the new homes in these areas will be eligible for
government grants, making them even more appealing because of the low start-up
costs and discounts that come with living in these areas.
2. Tax Benefits
One of the most
attractive tax benefits of new home and land packages in Sydneyis that they can be
depreciated on your taxes. This means that you can deduct more from your income
when you file taxes on these properties. Another benefit of buying a new home
and land is that itcould lower your property taxes if your area has high
property values.
3. Customised Home Design
The main reason why new
home and land packages in Sydney are a good investment to consider is that you
can customise the house design. With this option, you can create your dream
home. This enables you to make it as grand or as simple as you want it to be.
You'll also have the opportunity to choose from many different styles of
finishes for your kitchen, bathroom or laundry room.With the help of an
architect, you can have your dream house made just for you, which is hard to
come by these days.
4. Less Paperwork
When you’re searching for
land on your own, you’ll have to do all the work, right from finding the land
and getting it surveyed to getting the permits and sourcing an architect to design
the home,as well aseverything in between. But this isn’t the case with house
and land packages. One of the best parts about land packages is that you will
have less paperwork to go through. In
addition, the deposit for this type of home is often paid by the developer
before construction begins, so there are no stamp duties or other payments to
make when it’s time for settlement.
As you see, house and land packages are a smart move when you’re considering a land purchase. Land packages in Sydney will make the process hassle-free and more economical for you.