House and Land Packages near Newcastle

A house and land package includes two contracts: one for the home’s design and build, and one for the land sale. This means that the building and buying process is bundled into one – all you need to do is sign with the builder of your choice, and with AVID Property Group for the land. Each contract has a fixed price, which means you can budget for all of your expenses at once—no surprises.

The community of Waterford is closely connected to Newcastle, the Central Coast and the Hunter Valley, as well as many smaller surrounding towns. Waterford offers elegant country living in the heart of this region, keeping you connected to the convenience of neighbouring suburbs. Waterford is just 35 minutes’ drive from the Newcastle CBD, and 40 minutes from the vineyards of the Hunter Valley. Our selection of builders are some of the top in the Lower Hunter, as well as the Central Coast and greater NSW. To bring your new home to life and explore our fixed price home options, check out the home designs available at Waterford display village.

Land yourself in your dream home in 8 stress free steps.

1. Confirm your finances and legal representative
Before you start looking at display homes near Newcastle, you’ll need to get pre-approval on your loan. Your lender or broker can help you do this, as well as helping you set realistic expectations on price. When you know your finances are ready to go, you can act quickly to secure your land for sale near Newcastle, where you’ll build your dream home.

2. Discover the home to suit your needs
To find your new home, it’s always a good idea to set boundaries on where you’d like to live, and draw up a list of requirements to help you weigh up options to suit your budget and lifestyle. Our sales team will go the extra mile to assist you as you select a block of land from our display homes, with detailed home pricing. Just make an appointment and start bringing your new home design to life.

3. Pay your holding deposit & exchange of contracts
Your $1000 holding deposit is fully refundable, and is paid initially to secure your block of land. This payment takes the block of land off the market and provides you with 14 days to exchange contracts. Once you’ve paid your deposit, your contract will be issued to your solicitor or conveyancer. When you are ready to sign, they will forward the email with the signing link – no special programs necessary. Wherever you are, you can sign your contract from any device with internet access. Upon exchange, the contract will be secured with a 10% holding deposit. This is paid in two instalments (5% on exchange of contracts and 5% on settlement).

4. Choose your home design specifications
Once you discover your favourite home design, create the home of your dreams and select your colours, fixtures, finishes, appliances and fittings. These are the personal touches that transition a house into a home.

5. Apply for approval
When we’ve finalised everything on our end and you’re happy with the plans, the builder will submit them for approval with the relevant regulatory authorities. This includes council and BASIX.

6. Settlement
Your legal advisor will help you during the settlement process. If your land is unregistered, AVID Property Group will register it with the Land Registry Services after which you’ll have 21 days to settle on your block. If your land is registered, you will have 35 days from unconditional exchange or from the date specified in the contract of sale.

7. Build home
Once you have settled on your land and your plans and tender are approved, our home builders can get started on building your new family home!

If you’re wondering what to know when buying a house and land package, our team would be happy to answer all of your questions.

1. How do house and land packages work?
House and land is bundled into one package with two separate contracts: your home design and build, and the land itself. House land packages are custom designed and fitted – for the block. You can tailor the design to fit with your lifestyle and all the necessary regulatory requirements.

2. What is a turnkey house and land package?
A turnkey home is ready to live in. Unlike a house and land package where the home is yet to be built, a turnkey home is completely move-in ready. Find out more about the key differences here.

3. Is stamp duty payable on house and land packages?
When you buy a house and land package, you could be eligible for a stamp duty exemption.

4. When is the house built?
Construction on your home begins once you’ve settled on your land, signed the building contract and your plans have been approved.

5. Is a house and land package worth it?
If you’re looking for convenience and an upfront cost, a house and land package provides this transparency. It takes all of the effort out of building your new home, and allows you to save on and account for your costs from day one. For more information on whether a house and land package is right for you, contact our friendly sales team today.

 

Don’t see your question? Want to speak to a sales consultant, or check out our display homes? Contact us today and find out more about whether Waterford is the right fit for you and your new lifestyle.

This article should not be considered professional financial advice. AVID is not a financial adviser. This article contains general information only and is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. No material contained within this website should be construed or relied upon as providing recommendations in relation to any legal or financial product. Although every effort has been made to verify the accuracy of the information contained in this website, AVID, its officers, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained on this website or any loss or damage suffered by any person directly or indirectly through relying on this information. You should seek out independent, professional advice on your personal circumstances, particular investment objectives and financial situation before making any financial decisions.