Top 5 Things to Consider When Purchasing House and Land Packages in Schofields

January 22, 2021

When purchasing a property, it is crucial to consider the benefits of house and land packages. These properties offer attractive features such as increased deductible tax benefits and stamp duty savings in many cases. Newly built homes in good locations also benefit from being attractive to tenants and attracting higher calibre residents.

It may be an excellent time to think of purchasing house and land packages in Schofields. Investment properties in Schofields fare well against other locations in the country. Currently, the average price has increased by over 40%. On average, 16.08% of real estate transactions take place per month in Schofields.

Savings on stamp duty

You can save a lot in house and land packages in Schofields with stamp duty. If your property is priced at $450,000, expect to save around $8000 in stamp duties. The reason is you are building a new house, and you’re only paying for the stamp duty on the land value and not the house since the structure hasn’t been built yet.

Choose the best block and design

When you purchase a property, it is recommended you choose the best block and customize the house to make it attractive and suitable to your needs. A well-designed property is also appealing to tenants. Everything should suit your investment, budget, and goals.

Newly built homes attract better tenants

As a landlord, you want to attract high-calibre tenants to your property. Newly built homes have the advantage of attracting tenants via modern conveniences. It offers tenants a place they will love and want to live in for many years. Newly built homes also have the additional benefit of charging higher rent, so you gain higher returns for your investment.

Schofields is one of the best locations to build a property in Australia. Schofield neighbourhoods are great, and the suburbs are clean and well-maintained. Commercial establishments and businesses are only a 5-minute drive away. Shopping centres, stations, playgrounds, as well as reputable schools surround the area.

Differentiation and tax benefits

Depreciation is significant in a new home and has plenty of benefits. It should never be overlooked. You can claim tax deductions for depreciable assets such as the building itself in a newly built home. You can also ask for deductions on fixtures and fittings. To give you an estimate, a new home that costs $250,000 and fitted with $30,000 worth of fixtures can yield deductions up to $16,000 per year.

Zero maintenance

Finally, another incredible benefit of pre-built homes is they require little to zero maintenance. Frequently the buildings, fixings, and fittings are covered by a guarantee. It is significant when you consider that one of the main costs of investing in a property is maintenance and upkeep. A new home will require lower costs and maintenance while retaining its value for longer. Plus, reputable builders utilize higher quality materials and apply better construction methods. It results in well-built and incredibly efficient homes.


Consider the option of buying a house and land package in Schofields if you want to live in Australia. Schofields is a suburban area on the fringes of Sydney’s urban sprawls. It is located in the state of New South Wales. Schofields area is located 45 km northwest of the city central business district near the Blacktown area.


Leave a Reply

Your email address will not be published.

Related Posts

September 28, 2022
LeAnn Rimes House: The Hidden Hills Palace

Who is LeAnn Rimes? Leann Rimes is a famous American singer born in Jackson, Mississippi, on August 28, 1982. Furthermore, she is also recognized as a songwriter, actress and author. Her full name is Margaret LeAnn Cibrian. She started her career at the age of thirteen in country music. What a Wonderful World (2004), You […]

Read More
September 28, 2022
A Comprehensive Guide to Buying Real Estate in Raleigh

Image Source: Pexels Raleigh is a wonderful place to live, work, and raise a family. The capital city of North Carolina offers a wide variety of housing options, from cozy apartments in the heart of downtown to sprawling suburban homes. If you're thinking about buying a home in Raleigh, this guide will provide you with […]

Read More
September 28, 2022
Landman Group, Inc. – San Antonio’s No. 1 Landscaping Company

LANDMAN GROUP INC. is a local San Antonio business that specializes on custom landscaping and construction and outdoor entertainment areas. Their team is highly skilled in all aspects of outdoor living. They are also experienced in commercial and residential designs. So, if you looking for a San Antonio, Texas landscaping company, Landman Group, Inc. is […]

Read More


Welcome to Urban Splatter, the blog about eccentric luxury real estate and celebrity houses for the inquisitive fans interested in lifestyle and design. Also find the latest architecture, construction, home improvement and travel posts.


linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram