They learned that a developer bundles a block of land with a pre-set house design from a builder. This meant they wouldn't have to hunt for land and a builder separately; it was a "two-in-one" deal. They visited a at Stockland or Metricon to walk through physical models of their potential home, allowing them to see exactly how the layout would feel. The Financial Strategy Financially, the couple found several advantages:
: They secured two types of financing: a standard mortgage for the land and a construction loan that released funds in stages as the house was built. Choosing the Right Path House and land packages - everything you need to know
: In many regions, they only had to pay stamp duty on the land value , not the finished house, which saved them thousands.
: As first-time buyers, they could apply for a First Home Owner Grant to help with their deposit.
