Build your dream house with Trusted Realtors - Paco
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- Опубліковано 23 бер 2022
- 1. Save stamp duty
In Australia, buying land to build houses can save a lot of stamp duty for buyers. Buyers off off-the-plan purchase of land for property only pay stamp duty corresponding to the value of the land (there is no stamp duty for the construction part), which could provide owners with significant tax savings compared with the stamp duty paid for the direct purchase of existing or non-existing properties.
2. Less initial investment
In addition, buying land to build a house only needs less initial investment, and can be installed the land first for buyers and more time to prepare funds is more adequate. The purchase of land only needs 5% -10% of the land price as a deposit for the land still not settle form SLA or just pay for the land price and the buyer can also flexibly discuss the date of land delivery with the seller to ensure that they have enough time to prepare the remaining funds and handle the loan matters. After that it’s progress payment for the house construction stage by stage.
3. Fully customised your dream house layout and floor plan
At the same time as buying the land, buyers can design or choose their preferred floor plan in accordance with planning and building regulations, and negotiate construction time and price with the builder.
The general process of land purchase and house construction in Australia is land selection, purchase and construction.