Now SellingFeatured
The Space your family deserves
Merrigum Green Estate
From $220,000
Merrigum · Completing 2028
516 - 1,108 m²$220k
Developer: JMD and VK CIVIL
Buying new
House and land packages
A house and land package pairs a block in a new estate with a home design to be built on it, bought together but usually under two separate contracts.
That two-contract structure is the part worth understanding. You buy the land under one contract and the build under another, which is why duty is generally calculated on the land value rather than on the finished house, and why the two settle at different times. You pay for the land first, then the build progressively as it goes up.
Land-only lots work the same way minus the build contract: you buy the block and arrange your own builder. Either way the timing depends on when the estate's titles issue, which is set by the developer's civil works rather than by anything you control.
The estates and lots below are what we currently represent, with available lots and what they start at.
2 projects available
From $194,400 · 2 locations
Now SellingFeatured
A Considered Community Made to Grow
Murray Fields Estate, Cobram
From $194,400
Cobram · Completing 2028
Lot 1 · 432 m²$194.4k
Lot 2 · 438 m²$195.6k
Lot 3 · 495 m²$205.9k
Lot 5 · 831 m²$242.1k
Lot 4 · 1123 m²$258.9k
Developer: MetroNest
Questions, answered
It is a block of land in a new estate sold together with a home design to be built on it. In most cases they are two contracts, one for the land and one for the build, signed at the same time. The land settles first, then the builder starts and you pay in stages as construction progresses.
Because you are buying two different things: a parcel of land from the estate developer, and a building contract from the builder. Keeping them separate is also why duty is generally assessed on the land rather than on the completed house, which is a meaningful difference in cost.
A lot is titled once the estate's roads, drainage and services are finished and the individual block legally exists. You cannot settle on land or start building until title has issued. An untitled lot can be cheaper, but the wait is set by the developer's works programme, so the date can move.
Construction commonly runs somewhere between nine and eighteen months once the land has settled and the slab goes down, depending on the design, the builder and the weather. Your build contract sets out the agreed period and what happens if it runs over.