New Marsden Park house and land packages
Know this:
- Marsden Park is a rapidly growing area in Sydney's north west.
- Situated approximately 40 kilometres from the Sydney CBD and 20 kilometres from Parramatta CBD, Marsden Park has some of the most affordable blocks of land and good proximity to major job centres.
- Check our neighbouring suburbs such as Schofields, Box Hill and Riverstone.
A Marsden Park house and land package can be tailored to suit home buyers' needs like accounting for the required number of bedrooms or bathrooms required in the new dream home.
North West Sydney is rapidly growing and the New South Wales Government has been investing heavily in the area with the recent opening of the first phase of Sydney Metro.
There are several developers active in the area with many new estates consisting of tree lined streets, an estate walking track, an estate sporting field, green open space and other amenities.
Marsden Park has convenient access to many nearby employment precincts as well as having a lot of jobs located within the suburb.
Those seeking a new house or new investment are recommended to get in contact with an agent or other qualified sales agent.
Appointments can be arranged to meet and tour display homes where you can discuss detailed home pricing, finance options and house and land options.
First home buyers are recommended to be extra quick with their registrations of interest as many estates sell out fast due to the great location and new packages on offer by developers.
If you would like to register your interest so we can put you in contact with an agent sooner, use the form on any of the listings you see on 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.