Purchasing one of the many available House and Land Packages can feel like a straightforward path to home ownership. With the convenience of a new build and the appeal of a fixed price, it’s no surprise these packages are popular among first-time buyers and investors alike. However, what many don’t realise is that the advertised price often doesn’t tell the full story.

There are several hidden costs that can catch buyers off guard if not planned for properly. Here, we explore the most common additional expenses you should factor into your budget when purchasing a House and Land Package.

Site preparation and land works

The cost of preparing the block of land for construction can vary significantly depending on the condition of the site. Sloping land, poor soil quality, or rock removal may require extra work before building can even begin.

What to watch for:

• Site levelling and excavation
• Soil testing and engineering reports
• Retaining walls and drainage solutions

These costs are often not included in the base price of House and Land Packages, so it’s essential to clarify early on.

Developer and council fees

There are several fees related to the subdivision and development of the land, many of which are passed on to the buyer. These include charges imposed by local councils or developers for infrastructure and services.

What to watch for:

• Council infrastructure contributions
• Development application and approval fees
• Electricity, water, and sewerage connection charges

These fees can vary from suburb to suburb, so researching local requirements is important before signing anything.

Upgrades and variations

While House and Land Packages are advertised as turnkey or fixed-price, the base inclusions often only cover standard finishes. Many buyers choose to upgrade their home with better flooring, fixtures, or kitchen appliances.

What to watch for:

• Premium cabinetry, benchtops, or tapware
• Additional electrical points or lighting
• Flooring upgrades (e.g. timber or tiles instead of carpet)

Upgrades can quickly add tens of thousands of dollars to the final cost, so always request a detailed inclusions list and pricing breakdown.

Landscaping and outdoor features

A completed house doesn’t always come with a finished garden. In many cases, landscaping, fencing, and driveways are excluded from the base price of House and Land Packages.

What to watch for:

• Turf, plants, and irrigation systems
• Outdoor living areas such as pergolas or patios
• Driveways, side paths, and fencing

Be sure to check if these features are part of your package or need to be added at your own expense.

Temporary accommodation and rent

If you’re building a home and not selling your current property or living with family, you may need to arrange short-term accommodation while construction is underway.

What to watch for:

• Rental payments during the build period
• Storage costs for furniture and belongings
• Double moving expenses

Depending on build times, this can add thousands to your overall budget and should be factored in from the start.

Legal and conveyancing fees

Legal advice is a necessary part of any property transaction. When purchasing a House and Land Package, there are often two contracts—one for the land and another for the construction—which means double the review and potential legal fees.

What to watch for:

• Solicitor or conveyancer fees
• Contract review and negotiation charges
• Settlement fees and disbursements

It’s always worth engaging a professional to help you understand your obligations and protect your interests.

Loan and finance costs

While your lender will cover most of the property cost through your mortgage, there are still upfront expenses and ongoing costs to consider.

What to watch for:

• Loan application or establishment fees
• Lenders mortgage insurance (if your deposit is less than 20%)
• Progress payment interest during the construction phase

Speak with a mortgage broker or financial adviser to ensure you’re across all associated fees.

While House and Land Packages offer value and convenience, it’s crucial to go in with eyes wide open. From site costs and council fees to landscaping and legal services, these hidden expenses can significantly impact your overall budget.

Being informed and asking the right questions from the outset will help you plan effectively and avoid financial surprises along the way.

Ready to find a package that suits your budget and lifestyle? Explore current House and Land Packages at Tulloh Street and take the first step towards building your ideal home with clarity and confidence.