New Homes Built for Your Future

A house and land package is a two-contract arrangement: you purchase a vacant land lot and then engage a builder to construct a new home on it. The two contracts settle at different times — land first, then construction once a slab is poured. Because stamp duty applies only to the land contract value (not the build cost), house and land packages offer significant stamp duty savings compared to buying an established home at the same total price. As your buyers agent, JTerra manages both contracts and coordinates between the estate and the builder, so you have a single point of contact from start to finish.

JTerra's roots are in Melbourne's south-east growth corridor — Clyde North, Officer, Cranbourne North, Narre Warren South, Berwick, Endeavour Hills, Pakenham, Clyde, and Botanic Ridge — known for strong infrastructure investment (including the Suburban Rail Loop East) and consistent population growth. We've since expanded our builder and estate partnerships to Melbourne's western growth corridor (Wyndham Vale, Tarneit, Truganina, Point Cook, Werribee, and Melton) and regional Victoria, including Geelong, Ballarat, Bendigo, Warrnambool, Echuca, Shepparton, and Warragul.

From signing the land contract, the overall timeline is typically 18–30 months. Land settlement usually occurs 3–12 months after signing (depending on the estate's development stage). Construction then takes a further 12–18 months. JTerra keeps you updated at every milestone so you're never left guessing.

This varies by builder and price point. "Fixed price" or "turnkey" packages include a set list of inclusions — flooring, appliances, landscaping, fencing, and driveways. Non-turnkey packages have a lower base price but require you to select and pay for these items separately. JTerra reviews inclusion lists with you so you understand exactly what you're getting and helps you negotiate upgrades where possible.

Typically a 5–10% deposit on the land contract is required at signing, with the land component settling 3–12 months later. Construction draws (progress payments) are made as the build hits key stages: slab, frame, lock-up, fixing, and completion. Many first home buyers combine the house and land package pathway with the FHOG $10,000 grant and the First Home Guarantee scheme (5% deposit, no LMI). JTerra works with specialist mortgage brokers to structure your finance correctly.