123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Real-Estate-and-Foreclosure >> View Article

House And Land Packages – A Worthwhile Investment

By Author: Jayden Smith
Total Articles: 19

Many investors often assume that an established house is a cheaper option than a house and land package. However, on closer analysis, when you consider the hidden costs and potential renovation, buying a readymade home works out to be more expensive. Renovations and modifications can add to the expenses. With a house and land package there is always room to add extras to suit the owner’s lifestyle. Ducting, air-conditioning and heating, and the installation of environmentally friendly equipment can all work out to be much cheaper than renovating.

Reap the benefits of community living

Melbourne’s suburbs like Doreen offer a choice of lucrative investment opportunities. This includes Doreen house and land packages in the beautiful suburb that offers residents a quality lifestyle just 26km from the humdrum of Melbourne’s Central Business District. The town is home to three private schools, a primary school, a thriving shopping centre, supermarket, and many more facilities. There are several restaurants, medical facilities, and parks while its proximity to the foothills of the Yarra Ranges and forested banks of the River Plenty, make it one of the most enviable places to live amidst nature. When it comes to investment in house and land in Doreen it is undoubtedly a worthwhile investment in more ways than one.

The basics of a house and land package

When you choose a house and land in Doreen, the two are purchased separately. The first step is to choose the land in the best location and the right size to suit your budget and family’s needs as well. It would be prudent to have your finances organised in advance so that you stick to what you can afford. The second step involved is the initial deposit and signing a contract of sale for the land with the help of a solicitor. The balance payment will need to be made as per agreement while the next step is the settlement, which usually takes place a month from the exchange of contract. The title of the land is then transferred in your name
Once the land is transferred in your name, it is time to submit your building plans for approval to the council. Your builder will have design guidelines in place to ensure that your plans aesthetically appeal to the theme of the neighbourhood. Once you have chosen a design, your preferred builder will prepare a new home tender. This details the costs associated with building and a Contour Survey or Soil Test report from a qualified surveyor and engineer, which is presented to your lender in order to pre-approve the loan. With an approved loan, you are one step closer to owning your dream home.

When looking for house and land in Doreen make sure to choose a reliable builder with experience. Remember, statutory approvals could take time, so be patient. However, it is well worth the wait.


Jayden Smith is an expert author and has written so many articles on www.berstanhomes.com.au. Now he is working on summer hill estate epping and Mandalay estate Beveridge.

Total Views: 94Word Count: 505See All articles From Author

Real Estate and Foreclosure Articles

1. Benefits Of Investing In A Green Building Certified Complex, Gaur City
Author: Gaur City offers the top-quality ready to move

2. Verticals Where 3d Architectural Animation Is Used
Author: Komal Trivedi

3. Apartments Flats For Sale In Eta Ii Call Kare~^9582095758^~(2 Bhk 3bhk)greater Noida Migsun Wynn
Author: pradeep

4. Make The Perfect Gateway With Cheap Studio Apartments
Author: darkcarlton

5. North Barrington Homes For Sale Real Estate Market Report December 2017
Author: John Herman

6. Lake Barrington Homes For Sale Real Estate Market Report December 2017
Author: John Herman

7. Qatar Real Estate Property Rules – Md Property
Author: MD Property

8. The Best Real Estate Appraisers In Toronto
Author: Ian Steward

9. Find A Home Appraisal Company That Makes The Home Selling Process Feel Easy And Convenient
Author: Ian Steward

10. Nk Realtors: Providing Best Residential Properties In Durgapur
Author: NK Realtors

11. Never Enter Into A Real Estate Contract Without An Appraisal
Author: Ian Steward

12. Parsvnath-air Conditioned Apartments And Flats In Delhi
Author: Parsvnath Developers

13. Barrington Hills Homes For Sale Real Estate Market Report December 2017
Author: John Herman

14. Sell Your House
Author: Property For Sale in Bolton

15. Renting Vs Buying Affordable Housing In Ghaziabad - Which Is Good
Author: Priya Garg

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: