Buying and building a new home is one of the most exciting purchases you can make in your lifetime.

And as the needs of you and your family continue to change, it is important to consider your current and future requirements for a home before deciding whether to build a new home. House and land packages offer a number of benefits and here, we take a look at the top ten.

1. Designed for you

A house and land package provides new home buyers a convenient way to build their dream home. . Unlike an existing home, a new home built as a part of a house and land packaged is carefully designed to suit your family’s lifestyle. Working with a dedicated team of specialists, a house and land package from Coral Homes means that every detail has already been carefully considered and all that’s left is for you to do is turn the key to move in when it’s completed..

2. Value for money

House and land packages offer new home buyers the chance to save on the cost of purchasing a home. For first home buyers, most States offer incentives to build new homes, such as thefirst home owner’s grant. Criteria for the first home buyer’s grant differ between each state, however generally to qualify you will need to:

• Be an Australian citizen or permanent resident
• Not have not previously owned property in Australia
• Be at least 18 years old
• Be purchasing or building a new home, which is valued under $750,000 (in QLD, for example)

3. Save on stamp duty

Most States and territories offer home buyers significant concessions on stamp duty for building a new home. Stamp duty can often add substantially to the cost of buying a home, however purchasing a house and land package could mean saving thousands of dollars. Find out more about stamp concessions here.

4. Lower maintenance costs

One of the most significant expenses involved with buying an existing property is maintenance costs. Despite the appropriate building inspections, existing homes are prone to wear and tear, and need repairs and maintenance that was all but undetectable at first glance. A house and land package means a brand new home, and no need for expensive repairs or unexpected maintenance costs.

5. Stress free

Working with a house and land specialist like Coral Homes means that every detail, from the perfect plot of land, to the layout of your new home, has been carefully considered. A house and land package makes buying a new home stress-free, as you have an expert team at your disposal, who can organise everything for you. Once you receive the keys to your finished home, all that’s left to do is move in.

6. Warranty

When buying an existing home, you may encounter any number of issues after you’ve moved in. From small problems like a faulty tap fitting, to larger issues like structural problems, these can be costly and time-consuming to manage. Your brand new home from Coral Homes is protected by a builder’s warranty, which means that if any unexpected issues do arise, you’re covered. Purchasing a house and land package from Coral Homes means peace of mind.

7. Time-saving

When buying an existing home, the most time-consuming tasks include researching the property market in each suburb, inspecting numerous homes, dealing with real estate agents and seller’s agents, making offers and waiting on responses, and having to organise building and pest inspections. Buying a house and land package from Coral Homes means that all the hard work has been done for you.

8. Peace of mind

As well as offering peace of mind about the quality of your new home, a house and land package from the expert team at Coral Homes means that you also have peace of mind when it comes to cost. The entire cost of your build, from start to finish, is explained to you upfront, with no hidden surprises. You can design your perfect home, have it landscaped and fitted out to your specifications, and rest assured that you know exactly how much it’s going to cost.

9. Sustainability

Australians are increasingly aware of their impact on the environment, and are keen to be as eco-friendly as possible when building a new home. Buying a house and land package from Coral Homes means that all of the latest environmental standards are met, and your home is built to the best industry standards of sustainability.

10. Location and convenience

Coral Homes have worked hard to build a portfolio of house and land packages in the most desirable new locations. Close to amenities, and situated in picturesque neighbourhoods, a house and land package from Coral Homes offers you a choice of convenient locations which are close to schools, transports, shopping precincts and entertainment options.

If you’re considering a new home, get in touch with one of our new home consultants today, and find out just how easy it can be to build the home you’ve been dreaming of.