New house and land packages Pimpama
Know this:
- Pimpama is a growing suburb located 45 kilometres south-east of Brisbane.
- Pimpama has easy access to Brisbane and the Gold Coast via the Pacific Motorway.
- Pimpama is one of the large major tracts of land between the Gold Coast and Brisbane that is yet to be fully developed.
- Be sure to check out neighbouring suburbs too: Ormeau, Coomera and Sanctuary Cove.
Nestled between Brisbane and the Gold Coast, Pimpama is a growing family orientated community that has several land purchase opportunities and house and land packages available from several developers.
There are several new estates in the area, but notable new developments include Pimpama Village and Dixon Park Estate, Salzburg Mews, and the Symphony Estate.
Located in the northern Gold Coast, residents have a diverse range of amenities, services and entertainment options nearby to suit each resident's special lifestyle.
Growing communities need more schools and the Queensland Government is investing in education infrastructure to serve the growing region.
In order to check land availability, we recommend using the form on any of the listings you see on this page. Registering your details will ensure that we can put you in contact with a qualified sales professional sooner.
If you are seeking a home package, be sure to mention that to the agent when you get the call.
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.