House and Land Packages Fernvale

Been considering a tree change but want to stay in the Brisbane area? Fernvale may be the area for your new home and lifestyle. Located in the Somerset Region in Queensland, 35km west of the Brisbane CBD in the Lockyer Valley and could be perfect for someone after a quieter area to live. Today’s article is about house and land packages in the Fernvale area. So, let’s have a look at the advantages and disadvantages of these deals and the builders in the Fernvale region.

Home builders that are currently offering house and land packages in Fernvale

Advantages of a house and land package

• More Streamlined: The process of building with a house and land package is much more linear than other options, particularly a bespoke home which involves many decisions.
• Potentially Cheaper: Buying an existing house can be an expensive proposition due to the value of the land. For this reason, a new house and land package can often turn out to be the cheaper option.
• Less Stamp Duty: One of the advantages of a house and land package is you’ll only have to pay stamp duty on the land proportion of your deal. This could save you thousands of dollars.

Drawbacks of a house and land package

• Hidden Costs: With any building project, you need to be crystal clear on what you’re paying for and what’s included in the quoted price.
• Lack of Choice: Everything action has a reaction and by simplifying the build process, you, unfortunately, do sacrifice flexibility and choice in your build.
• Land Value: The biggest indicator of growth is unlikely to be the house itself, but rather the land. We’ve all heard stories of a rundown shack by the beach selling for millions, which just proves a great location is what brings in the big bucks. With a development estate property, most of the value will be in the house, which does tend to hinder potential growth in the long run.

Is a house and land package a good choice for first-home buyers?

Buying your first home is one of those experiences that will have you swinging from excited to overwhelmed frequently. Whether a house and land package is the right option for you will depend on your specific situation and what’s available. You’ll need to consider what it is you want from your new house and whether any of the house and land packages you’ve found will meet all your needs.

Why build in Fernvale?

Fernvale has some beautiful hinterland surroundings and will appeal to those who love a rural feel. It’s fairly close to the city while still maintaining a country and rural feel.

Pros ✅

Cons⛔️:

Population: 3,211

Property Median Listing Price: $490,000 – $512,500 (depending on the source).

Median Weekly Rent: $400

Rental Yield: 4.24%

Popular home design options in Fernvale

Single Storey Home Designs

Double Storey Home Designs

Acreage Home Designs

We can help you find the best house and land packages in Fernvale – free of charge!

Need help finding the right design and builder for you?

At Buildi, we help you find the right builder, save time, reduce stress and stay on budget.

How We Can Help You

Building a home is one of the biggest decisions you’ll ever make. At Buildi, we’ll be there throughout the entire building process, guiding you step by step so you can avoid any pitfalls. We will help you by following these steps.

1. Free Consultation – We will sit with you to understand what you are looking to accomplish.
2. Due Diligence – We work with you to ensure you’re buying the right block of land at the right price without hidden problems.
3. Builders tender – We will take your requirements out to the market of builders and they will bid to win your business.
4. Present solutions – We will compile the top 3 options and present you with a comprehensive proposal on builders’ strengths & weaknesses along with prices and specifications.
5. Contract Signing – We will work with you and your selected builder to ensure there is full transparency in what you are entering into.
6. Building your home – We work closely with the builder to ensure all service levels are met and your project is on schedule.

Need help with your builder selection? We’ve helped plenty of clients throughout their building journeys. To find out more or to enquire about how we can help you, get in touch today!