Should You Consider a House and Land Package? | Arramont

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Should You Consider a House and Land Package?

Whether you’re looking for a place to live in or invest in, purchasing a house and land package is often the easiest option! Let’s take a look at the benefits that house and land packages have over buying land alone (then doing a custom build later) or buying an existing house, and also why packages may be the better choice for property investors.

Why it beats buying land only

Opting for a house and land package can be far less stressful than securing a vacant block of land with a view to building a custom residence on it later. Developers, builders, architects, and interior designers have already done a lot of research and legwork for you in terms of designing a home that fits the land size and shape perfectly and meets all regulations. Packages are typically less expensive because they are often offered in bulk and come in designs and materials the builder has worked with before. And you’ll know exactly what you can afford as the price is fixed from the beginning; no more tricky negotiations or auction day disappointments! Another benefit is the time saved. There is no time wasted in hunting for the perfect builder, securing their services, the back and forth of creating a new design or looking for specialized tradespeople. You’ll be surprised at how many extra tasks you’ll have to do yourself during a custom build. A house and land package means your family can move in sooner!

Why it’s better than purchasing an existing house

If you meet the eligibility requirements, the FHOG (First Home Owners Grant) equals a cool $10,000 coming your way. To sweeten the deal further if you intend to live in your new home for longer than 12 months you’ll also be eligible for the PPR (Principle Place of Residence) concession. Not sold yet? In addition, you’ll save on stamp duty as you’ll only be paying it on the land portion of the package. With existing homes, it’s hard to find the colours, fixtures, and fittings you love without adding further cost or renovations and if it’s a “fixer-upper” you may not even be able to move in on settlement day. The older the house is, the higher the chance that you’ll find something broken or not quite right once you move in. Plus nothing compares to that feeling of coming home to a brand new house!

Why it’s good for property investors

The previously mentioned cost-effectiveness, time and energy savings and predictability aspects of buying a house and land package equally benefit investors. Yet there are more advantages. Brand new homes depreciate faster than existing ones, meaning investors can claim the maximum tax benefits (according to their situation). Builders warranty means your investment will be more protected than an older home for years after it is completed. Finally, one of the most attractive reasons for investors to choose a house and land package over an existing property is that brand new homes attract both higher rent and better tenants!

Offering a perfect balance of city convenience and semi-rural freedom, Arramont Wollert has a variety of packages to suit all needs and budgets, for more information on house and land packages, follow this link www.arramont.com.au/house-and-land, call 1300 965 537 or drop into our sales office located at 290 Craigieburn Road East, Wollert.

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Is Buying Land a Good investment?

Buying land as an investment in Australia is one of the smartest and safest investments you can make. Whether you're looking to build your dream home or simply acquire some property for future development opportunities, buying land is a great way to diversify your portfolio and secure your financial future. With a 15% increase in Melbourne and Geelong housing sales in Q2 2023, there's never been a better time to purchase. In this blog post, we'll explore the reasons why buying land is a good investment choice. 1. Land is a limited resource One of the main reasons why land is a good investment is because it is a limited resource. No matter how much we advance technologically, we can't create more. As the population continues to grow, the demand for land will also increase, which will in turn, drive up prices. In fact, 73% of buyers who purchased in Q2 2023 bought land only. Despite rising interest rates, 2,146 land lots were sold last quarter, the first increase since September 2021. Highlighting why buying land now can lead to greater future value appreciation. 2. Affordability If you have a limited budget but want to buy in your dream location, land is the best option. More affordable than a package, you can secure your ideal land size in a growing suburb and build later, especially if you purchase untitled land*. This is a great way to spread out the cost over time and help guarantee a good return, especially when you secure land in a thriving neighbourhood like Wollert. Right now, the median lot price for a 350m2 block in Wollert is $399,000. Only 43km from Melbourne's CBD and surrounded by established amenities, Wollert is the best place to buy. With affordable land for sale in Wollert priced from just $309,000, purchasing within Arramont Estate is a wise investment. *Ensure you speak to your agent about the building timeframe within your contract. At Arramont, purchasers have 24 months before building must commence. 3. Customisation & control When you purchase land, you have much more control over what happens in comparison to investing in existing property. You can choose to develop it in a way that is most beneficial to you. Build your dream home design suited to you and your family needs to live in or construct a rental property for additional income. You also have the power to decide when to sell the property and who to sell it to. 4. It's a good long-term investment Because land is a limited resource, it doesn't generally depreciate. It's more likely to increase in value, especially when buying in a growing area. Location matters a lot when buying a home, especially as an investment. If you buy land in an up-and-coming neighbourhood, like Wollert, which is new but growing with infrastructure and amenities, there's a bigger chance of a high return. Only 1.5km from Craigieburn Station and 4 minutes to the Hume Freeway, Wollert is one of the best locations to buy investment property. Did you know sales in Wollert went up 13% this quarter? - Buying land is an excellent way to diversify your investment portfolio while securing your financial future. It's a tangible asset that never loses its value and a limited resource that will always be in demand. If you're looking for the ideal spot for an investment property in Melbourne, Arramont offers a range of land for sale in Wollert that could be perfect for you. Contact our team today to find out more on 0425 741 891 or email us at Arramont@rpmgrp.com.au.
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Construction

Welcome To The Arramont Community Update For July

Construction continues, and we're pleased to share an update with you. Montbeliard Road Continuation The connection service order has now been accepted by Ausnet with their service provider to complete the connection in the coming 5-10 business days. We again thank the Arramont community for their patience during this time. APA Gas Easement Landscaping Works - Montbeliard Road Works are nearing completion on the southern section of Montbeliard Road with the central median set to be completed in the next 1-2 weeks. Stage 7 Reserve Public lighting works have been successfully completed. As we proceed with the electrical connections, please note that the area will be temporarily fenced off. We expect these works to be completed within the next two weeks. Following the completion of the connections, reinstatement works will commence. This will involve the replanting of trees and seeding of grassed areas to restore the surroundings. Stages 13 & 14A Road pavement works have progressed well, thanks to the favourable weather on site. Electrical and telecommunication reticulation are nearing completion, with the remaining concrete works scheduled for next week. Additionally, sewer and water testing have commenced, followed by topsoiling of nature strips and site cleanup. Stages 15, 16 & 20 The bulk earthworks for Stages 15, 16, and 20 are currently in progress and are advancing smoothly, thanks to the favourable weather conditions. These works are well resourced with ample machinery to ensure this key component of the works is completed in a timely manner. Stages 17, 18 & 19 Stage 18 detail design engineering re-submission has taken place and Stages 17 & 19 are progressing through Council review. Contractor tenders are now being received ahead of an anticipated Q3/Q4 works commencement. Community News The persistent problem of illegal rubbish dumping remains prevalent across the Whittlesea area. In response, the Arramont team is actively considering the installation of informative signage within the estate. These signs aim to provide guidance on how to report dumped rubbish, as well as address other forms of illegal activity.
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Community

Things To Do Around Wollert Victoria

Wollert is a growing suburb in Melbourne's north, just 26km from the CBD. With its proximity to the city and endless activities, there are plenty of things to do all year round! Whether you're looking for an exciting day trip, spending time outdoors or enjoying some quality shopping, Wollert offers something for everyone. Here are 5 awesome lifestyle things to do around Wollert. 1. Check out Wollert's cafe scene From well-balanced coffee to tasty brunch spots, there are so many terrific cafes around Wollert to explore, including:

Waterside Cafe - Shore Drive, Craigieburn

Just a 10-minute drive from Arramont, enjoy coffee with a stunning view at this local gem! Known for its vibrant atmosphere and mouth-watering pancakes, Waterside Cafe is the ideal place to relax and take in the sights while slipping on your favourite beverage. Did we mention it's dog friendly?

4 Seed Cafe - Bank Street, Wollert

For great food, service, and coffee, 4 Seed Cafe is the local for you! From a chilli scramble to a cheeseburger with the works, pancake heaven to junior Nutella-mallow toastie, there are options for all. Located 1.2km from Arramont Estate, it's just a 15-minute leisurely walk away.

Cafe Grasslands - Grassland Ave, Craigieburn

Looking for the best bacon and egg roll around? Cafe Grasslands has you covered. With an extensive and appealing menu, beautiful atmosphere and value for money, this cafe near Wollert, only 7km from Arramont, has something for everyone! 2. Support local at Wollert Market If you're hunting for the perfect way to spend your Saturday morning, why not check out the Wollert Community Market? On the 4th Saturday of the month, the grounds of the former Wollert Primary School transform into market stalls. From delicious fresh produce of homemade jams and cakes to toys, books, crafts and coffee, it's a beautiful way to start your weekend. Located at 455 Epping Road, Wollert and open 8am - 2pm. 3. Get back to nature at the array of parks in Wollert Wollert is no stranger to stunning parkland. From adventure playgrounds to sweeping open spaces, there's so much to explore with your children, friends, or furry best friend! Located on Anzac Drive, opposite a vast green space and featuring a basketball court, soccer goals and rope climbing frame, Thyme Park, Wollert, offers hours of fun for the whole family. Did you know Arramont is home to some of Wollert's best playgrounds and parklands? With 2 parks already open and more to come, enjoy a range of activities, including:
  • - Flying fox
  • - Bird nest swing
  • - Ropes course
  • - Massive playground
  • - Half basketball court
  • - Barbeque and dining area
  • - And so much more!
Located on Jardin Road and Verdon Drive, Wollert and surrounded by wide open spaces, our parks are perfect for picnics, reading and more. Enjoy some time outdoors with the family and check them out this weekend. 4. Shop till you drop at Wollert's nearby shops Whether you're looking for a bargain, a Kmart fix or a local treat, there are many nearby shopping centres to get a well-deserved dose of retail therapy! Aurora Village Epping is your local for beauty and an appetising feed from Degani to Oregano's and Okami. For more extensive shopping needs, Wollert's nearby shopping centres, Westfield Plenty Valley, Epping North Shopping Centre, and Pacific Epping, have you covered! 5. Indulge in a meal at the delicious restaurants around Wollert There's no shortage of delightful cuisines around Wollert, including:
  • - Chinese
  • - Japanese
  • - Indian
  • - Italian
  • - Fish and chips
  • - And so much more.
All nearby Wollert restaurant options are less than a 10-minute drive from Arramont and easily accessible through the local bus directly outside our estate and running every 40 minutes! With fabulous nearby restaurants, cafes, quality shopping and parks galore, it's no wonder Wollert is a popular place to call home in Melbourne. If you're looking for your dream house in Wollert, look no further than Arramont. We have tailored house and land packages and lots suitable for all. If you'd like to learn about our varied offerings, reach out to our team on 1300 965 537 or email us at arramont@rpmgrp.com.au
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Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.

Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.


Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.

Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.