Hi there, long time no see, HomeOne!
My husband and I are looking for our second home and somehow we are considering building again...
We have found a block that we like the look of that is advertised with a number of builders as a house and land package - our preferred option being $702k for H&L.
The land itself is also advertised for $395k.
Building the exact same house with the same builder is, according to the display home brochure, $284k. 395+284 = 679, not 702.
Where is that extra $23k going? We've sent the builder's rep an email asking the question - but has anyone seen this before? Is it normal? Reading the ad, it still excludes landscaping etc etc so it looks like they're just taking some off the top to me.
We also emailed the land agent who said the only benefit to H&L is you save a little in stamp duty, maybe $10k. Can anyone explain to me why that is?
Does anyone else have any advice regarding why it might be worth purchasing in H&L instead of outright? Obviously it gives you more freedom with builders but if we went with the same builder anyway, what would the difference be?
Thanks very much!