New Redbank Plains land packages
Know this:
- Redbank Plains is a southside suburb that has been under development for over a decade but continues to see new land releases.
- Situated approximately 25 kilometres southwest of the Brisbane CBD and 10 kilometres east of Ipswich, Redbank Plains is adjacent to many other southern Brisbane growth areas.
- Be sure to check out neighbouring suburbs too: Collingwood Park, Bellbird Park, Augustine Heights and Springfield.
New properties in the Redbank Plains area have been developed progressively over the decades and still to this day families are able to invest in a block to build their dream home.
The area is well connected to Ipswich and Brisbane through the Centenary and Cunningham Highways and rail services can be accessed in neighbouring Springfield.
New homes in the area can be bought as part of house and land packages where buyers have a range of home design options to suit a range of budgets.
Buyers can get a tailored solution that takes into account parking requirements, how many bedrooms they require and how a site is situated.
We aim to make things easier to help you find your new home or next investment sooner here at Urban.
To kick off your buying journey, register your interest by using the form you see on any of the listings on this page.
Likewise, if you would like to refine your search, you can use the filters located at the top of this page.
What is a house and land package?
There are broadly two types of house and land packages: Turnkey and Standard.
A turnkey house and land package is where a developer sells you a piece of land, builds a house and at the end of that process, hands you a key.
You literally turn the key in the door and the home is yours. This process generally has several involved meetings with the developer before construction begins so they can take into account any preferences you have.
Note: while developers will offer some choices - like colour schemes, flooring types, appliances (and prices will reflect those options), turnkey solutions are designed to keep costs to a minimum and as a result there is, broadly speaking, less choice in how you want your new home to be presented.
Standard house and land packages are more involved and at a high level, they involve you purchasing the land like any normal real estate transaction (with or without a mortgage) and then you can build the house at a later date.
This gives you a lot more options in how you want your new home to look and feel - you can customise a lot more - however you, as the buyer, are more involved with the construction and you need to manage more during the life of purchasing.
Financing
Always seek professional advice on securing financing for your property purchase.
Financing for house and land packages can differ depending on the type of package you intend to purchase.
For turnkey house and land packages, the purchase price tends to be fixed and, broadly speaking, the loan you will need to qualify for will generally be a normal home loan - complete with requirements to have a 20% deposit before being subject to LMI.
For standard house and land packages, you will, broadly speaking, deal with two different loans. Firstly, you have to purchase the land and this is where you will, generally speaking, need to have a 20% deposit in order to not be levied with LMI.
Secondly, your financial provider will supply you with a ‘construction loan’ that you draw down on as you pay contractors at different stages of the home’s construction.
This advice is high-level in nature and always consult a mortgage broker or broker at a bank to get tailored advice that best suits your budget.
We aim to make things easier for you to find your new home here at Urban.
Be sure to refine your search in order to find projects that best suit your requirements.
If you register your details on the form provided on any of the listings you see on this page, it will enable us to connect you with an agent or other qualified sales professional sooner.