House and Land Packages Explained

Written by Bill, BK Home Broker — August 13, 2026

A house and land package bundles a block of land from a developer with a home design from a partner builder, sold as one deal with a fixed price for both land and construction. It's one of the most popular ways to build a new home in Queensland, offering more price certainty than buying land and building separately.

What Is a House and Land Package?

A house and land package combines two components into a single contract:

• Land — purchased from a developer

• House — a design chosen from a builder, usually one partnered with the developer

  
  

The key benefit is a fixed-price contract covering both land and construction, reducing the risk of unexpected cost blowouts.

How Do House and Land Packages Work?

There are two ways to buy:

1. Buy as a bundle — choose land and design together, in one purchase

2. Buy land first, build later — secure your block now, select a builder when ready

How Are House and Land Packages Financed?

Unlike an established home, a house and land package typically requires two loans:

1. Vacant Land Loan

• Covers the land purchase; repayments start at settlement

• Stamp duty applies only to the land component

• First home buyers may qualify for stamp duty concessions and the First Home Owner Grant (FHOG)

2. Construction Loan

• Funds the build in stages ("progress payments")

• Interest is charged only on funds released to date

Typical 6-stage payment schedule:

Stage	% of Build Cost
Deposit	5%
Base	15%
Frame	20%
Lock-up	25%
Fix	20%
Completion	15%

Tip: Get pre-approval before you start, and keep a buffer for upgrades or unexpected costs.

What's Included in a House and Land Package?

• Design choices — layout, facade, colours, finishes

• Inclusion levels — standard vs. premium upgrade sets

Tip: Review the full inclusions list carefully — this is where costly surprises usually hide.

How Long Does It Take to Build?

A single-storey home typically takes 5–6 months. Delays can occur due to trade availability, material supply, or weather.

FAQs About House and Land Packages

What is a house and land package?

A single contract that bundles a block of land from a developer with a home design from a partner builder, at a fixed combined price.

How many loans do I need for a house and land package?

Usually two — a vacant land loan for the block, and a separate construction loan that releases funds in stages as the build progresses.

Do I pay stamp duty on the whole package?

No. Stamp duty applies only to the land component, which can mean significant savings compared to buying an established home.

How long does it take to build a house and land package?

A single-storey home typically takes 5–6 months, though trade shortages, material delays, or weather can extend this.

The Takeaway

House and land packages offer fixed-price certainty, design flexibility, and potential stamp duty and grant savings, but the finance process has two loans, not one, and inclusions vary widely between builders. Compare builders, understand the payment stages, and budget a buffer before you sign.

Considering a house and land package in Queensland or Victoria?

Talk to BK Home Broker about current releases and inclusions in your target area.