The property market in Australia is in its mature stage now owing to the steady growth in the economy, dramatic increase in the population along with a recent urban sprawl that has greatly contributed to making better homes. As a result, a rising share of the population is attracted towards investing in the new houses built by the reputed home builders Sydney has in spite of the existing apartments and homes representing ample opportunities. But the maximum share of benefits is for those who are willing to buy new homes as they’re having an impact on the market shift in favour of well-designed homes and land packages.
There are many advantages of opting for the house and land packages, including:
· Savings on stamp duty – Stamp duty comprises of a major share of the price of property. It is considered a stressful charge of purchasing any property and it is expected to rise with the passage of time. Stamp duty is something that is calculated separately on the land as well as house for all existing properties and it is also dependent on the location of the property. But the biggest benefit of going for a package is the discount in taxes that you are likely to receive because you are liable to pay the revenue only on the land as the house has not been built yet. Check Eden Brae Homes for more details.
· Select your own block of land – One of the biggest advantages of opting for any of the house and land packages is that you will not be confined to the structure or design of the house. You are free to select the most preferable block and may customize the design of the home according to what suits your style and budget, and also attract the prospective tenants when you want. You will not have to settle for what has been offered by the home builders Sydney has; instead you can direct them to create a house according to your plans.
· A prospective property for tenants – Looking for the tenants is one of the most crucial factors that determine whether or not your real estate investment is a successful one. When you have a good tenant, it ensures a good cash flow as well as a good maintenance. It is very important for the property not to remain vacant for months together and the house and land packages Newcastle builders offer are a viable way of reducing such risks.
· Claim for tax benefits and depreciation – One can’t beat the packages offered by home builders Sydney has in terms of the depreciation in tax and investment tax breaks. As the homes are new, you are free to claim all kinds of deductions for the depreciable assets right from the costs of construction to the amount you have spent on fittings and fixtures.
So, as you can see the home and land packages are the most viable options for you when you are willing to invest on real estate properties. You may visit http://www.edenbraehomes.com.au/ for more information on this.