

Building at Watagan Park
Building a home is a very personal, exciting and rewarding experience. Along the way you may have uncertainties and questions – at Watagan Park we live for a peaceful and worry-free lifestyle, which is why we’re here to help you every step of the way.
STYLE OF HOME
One of the many advantages of building your dream home is that you are there from the beginning. You can modify designs to suit your family’s needs, whether that’s an extra room, larger dining areas, outdoor spaces, an extra storey or swimming pool. At Watagan Park we have implemented design guidelines, in accordance with Lake Macquarie’s Development Control Plan (DCP). There are a number of standard requirements within the DCP that your builder will assist you with when you submit your Development Application (DA) for your home to council.
Hints and Tips
BUILDING YOUR NEW HOME
BUYING AN EXISTING HOME
PROS
- The value of the completed property will almost always be higher than what it cost you, so you can take advantage of immediate capital gain from day one of moving in
- In an estate you are surrounded by other new homes
- Infrastructure like roads, parks, gas, water, electricity, NBN around land developments are all new
- You’re there from the beginning so you can design the perfect home that fits your family’s needs
- You only pay stamp duty on the land price component and not the price of building your home
- Currently there are more government grants that are available for both first home buyers and non first home buyers
CONS
- The time between purchasing your block of land and the time you move into you new home will be approximately 12 months
- You need to consider where you’re going to live while you’re building your new home. This usually means renting while you are also paying contributions to your land loan or moving in with family (to save money)
- New estates are traditionally located a little bit further out of metro areas
- The buying land / building process can seem a little daunting and confusing at times
PROS
- You can move into your home within a relatively quick period (2-3 months)
- It is something that many people have done before so it is easy to ask for advice from family and friends
- An older home could have period charm and character
- You only need to move once
CONS
- You always need to fix/renovate something with an existing home
- The plumbing and electricals are dated and if they need replacing it can be an expensive exercise
- The design and floor plan is fixed
- No seven year home owner warranty
- You need to pay stamp duty on the final price of your home
- You could be buying into unknown faults and to rectify could be expensive
- Any renovations you need to do are from your own cash
Landscaping
Everyone wants to come home to a beautifully designed front yard. To help you on the path to your dream home, we are offering complimentary front yard landscaping on any new purchase.
You’ll have the choice of 3 complimentary front yard landscaping packages provided by Watagan Park Landscpaing. All packages include turf, plants, garden soil, mulch and letterbox.
For full list of inclusions, process and terms and conditions download the Landscaping Package Brochure at the link below.
