New land for sale Leppington NSW 2179
Here are a few things you should know about Leppington:
- Leppington is situated approximately 40 kilometres south west of the Sydney CBD. Likewise, Leppington is located approximately 25 kilometres from Parramatta.
- Leppington is a part of Sydney's south west growth corridor and benefits from significant NSW Government investment in transport.
- Check our nearby suburbs Austral and Oran Park for more land releases.
Leppington has several new land releases underway such as Leppington Central, Emerald Hills Estate, and the Loom Estate.
Residents of the region have excellent access to public transport thanks to recent NSW Government investment in the south west rail link.
New properties and the new families who inhabit them will benefit greatly over the coming years as the Aerotropolis centred around the new Western Sydney Airport develops and provides a large amount of jobs.
The region, like many Sydney suburbs, has a range of property types on offer - from detached housing to townhouses and apartments.
Blocks with generous land size can be secured either by themselves or with house and land packages. One site or subdivision may have a range of blocks on offer so it is best to register your interest and speak with an agent.
We aim to make things easier for you to find your new dream home or your next investment and the best way for us to help you contact agents is to fill out the form you see on any of the listings on this page.
We will take your registration of interest and forward it to the most appropriate agent who in turn can then discuss your requirements in more detail.
You can also sign up for a property alert by clicking track this project. If any changes are made to the listing, you'll then get an alert.
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.