House and Land

Wide selection of properties
What are house and land properties, and why invest in them?
A property described as "house and land" typically refers to the buying of a plot of land and the subsequent purchase and building of a stand-alone house on that land, usually on a separate contract.
Most investors and many home buyers purchase new homes via these "house and land" packages because of the many advantages they offer...
- Significant savings- a purchaser only pays stamp duty on the land component.
- Better selection of property and location in the developmental area - apartments, townhouses and dual keys may be less common in the suburbs.
- Housing growth over the period of the build - on an up-cycle, for example, you may buy a property for $500,000 for it to be worth $550,000 when complete.
- Select from a variety of proposed house plans, floorplans and layouts to fit the land - 3 or 4 bedroom, single or double garage.
- Pick and choose inclusions and colour schemes such as tiles, carpets, or wooden flooring, fans or air-conditioning, stone benchtops or laminate, for example.
House and land purchases hold further advantages over other forms of property investment such as dual living, townhouses and apartments...
- Houses are generally more desirable to owner-occupiers than dual living, townhouses and apartments, and are therefore quicker to resell than other classes of properties.
- Larger land area, so not only attractive to families, but it is the land component of a property which increases most in value.
- Homes tend to have higher growth due to land and demand
A small selection of house and land from our current availability
This is a small sample of our currently available investment properties.
Assuming a criteria of combined income of $120,000, single income of $100,000, or equity in your own home, these properties demonstrate the approximate benefits to purchase and hold. Some of our list may be purchased as a single contract, therefore suitable for SMSF. Please contact us for details.
$10 Cashflow Positive per week

House and Land
- Profile id 10003
35km south of Brisbane CBD
$458,900
4 Bedroom, 2 Living Area, 2 Bathroom, 2 Garage
$25 Cashflow Positive per week

House and Land
- Profile id 10006
Prime in-fill in Morayfield
$359,000
3 Bedroom, 1.5 Bathroom, 1 Garage
5.3% Rental Return

House and Land
- Profile id 10007
Southern end of Gold Coast
$442,250
4 Bedroom, 2 Bathroom, 2 Garage

Purchasing house and land
There are typically two ways to purchase "House and Land" properties, and usually, it depends on the land vendor.
"It is worth noting that it is sometimes possible to purchase the house and land package with a single contract. This option attracts a higher sale price as the developer/ builder carries both the land purchase and construction costs until completion. Not only will the purchaser pay a higher price due to these passed on costs, but they will also be required to pay stamp duty on the house."

Finance process
Finance differs dependant on whether the sale is a one or two contract agreement.
One contract with house built or almost complete
Single contracts have a valuation undertaken and finance secured once the property is built. There is no risk to the purchaser if the property has been built or is nearing completion when entering into the contract. Stamp duty will be payable on the building however, as well as the land.
One contract with house construction not started or several months from completion
Whilst the lender arranges a valuation at the start of the contract, when the property has not been built, it will only approve the lend in principle. The purchaser pays the deposit at this time. It is not until the property is complete that formal approval will be given. This results in a possible risk to the purchaser if the valuation is short at the final stage.
A separate contract for the house and for the land with house construction not started
A valuation is undertaken and finance is secured at the start of the contract, giving peace of mind to the purchaser. The land is settled first and construction of the property begins. The bank releases funds to the builder at set stages of the construction, usually in 5 tranches.
- “Slab down” – the slab has been poured
- “Frame” – completion of the internal and external walls, roof and gutter
- “Lock up” – doors and windows have been installed and fittings, plumbing, electrical works and painting has begun
- “Second Fix” – completion of fixtures and fittings, plumbing, electrical and painting.
- ” Completion”

TIPP are here to help
We have excellent access to builders that are prepared to build house and land packages under a single contract. This form of contractual arrangement makes them suitable for self-managed superannuation funds.
The alternate option available to self-managed superannuation funds is to purchase a completed house; however, if this is in a new development, it is essential to consider why the property is still available and didn't sell sooner.
At TIPP, we specialise in finding investment properties to suit all budgets and investment objectives. With access to properties across Brisbane, the Sunshine Coast and Gold Coast, we can source a wide range of house and land packages. So, if you’re looking for a quality investment property, contact us today.