New house and land packages in Box Hill NSW
Know this:
- Box Hill is a major growth area in Sydney's northwest, situated approximately 40 kilometres from the Sydney CBD.
- The area is one of the fastest-growing regions of New South Wales.
- The region has benefited from significant public investment in transport recently with the first phase of the Sydney Metro bringing rail access to the area.
- Other surrounding suburbs in the area with land releases include: Rouse Hill, Schofields and Riverstone.
Box Hill is situated on Sydney's outer northwest edge, adjacent to the Hill district and within easy reach of major retail, transport and other amenities precincts such as Rouse Hill and Mulgrave.
New home buyers are attracted to the area because of affordable land prices the range of properties for sale off the plan.
Several developers are active in the area offering houses - and some apartments - for sale in Box Hill.
Box Hill's location ensures residents can access nearby rural lifestyle activities while remaining connected to the services a major metropolitan area provides.
If you are looking for an apartment to buy or invest in, you can view them here.
We aim to make it easier for you to find your new dream home or next investment here at Urban.
You can refine your search for houses, units, and apartments by using the fields located at the top of this page.
You can nominate how many bedrooms and bathrooms you require as well as nominate if parking is a requirement. Likewise, you can also narrow down the property type you are seeking.
Be sure to check out the neighbouring suburb and when you contact an agent, be as detailed as possible when you are discussing your requirements.
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.