Benefits of building new on single v split contract

Benefits of Single Contracts

Choosing a single contract house and land package comes with big advantages — especially if you’re a first-home buyer.

• Simplicity from the start – One process, one contract, one settlement. No juggling multiple agreements or timelines.
   
• Easier finance – Banks generally view single contracts more favourably, making approval smoother and delivering clearer expectations on costs.
   
• Turnkey peace of mind – With Eden Brae’s Complete Homes, your package is finished with landscaping, driveway, fencing and inclusions — all ready for you to move in. No hidden extras, just the keys to your new home.

It’s a straightforward path to home ownership that helps reduce worry and keeps the focus where it should be: enjoying your new home. And because clarity matters just as much as simplicity, many buyers also choose the security of a fixed-price contract to lock in all the costs from the start.
 

Benefits of Split Contracts

While split contracts can add to the complexity of building a home, they do offer certain advantages that may appeal to experienced buyers or investors:

• Stamp duty savings – Often charged on the land alone, offering possible savings.
   
• Flexible payment structure – Stage payments can assist with cash flow during the build.
   
• Tailored options for investors – More freedom to customise land and build specifications to suit investment strategies.

For seasoned buyers who understand the risks and financing requirements, a split contract can offer a level of control that isn’t always possible with a single agreement.
 

Finance and Lender Considerations

When it comes to securing a loan, lenders tend to look at single and split contracts very differently. With a split contract, finance can be tricky. Banks may treat the land and the build as separate risks, which can lead to:

• Valuation challenges – The bank may undervalue either the land or the build, making it harder to get the full loan you expect.
   
• Security issues – Until the home is complete, lenders may see the property as less secure, which can create extra complications.
   
• Builder risks – If your chosen builder goes under or restrictions mean you’re locked in, you could be left in a difficult position.

That’s why many finance experts advise that simpler models like single contracts often provide more security and peace of mind. With one agreement and one loan, the process is easier to navigate — and far less overwhelming for first-home buyers.

Your perfect home is closer than you think. Understanding how construction loans work is the first step to turning plans on paper into a completed home ready for you to move into.
 

Which Contract Type Might Suit You?

The right contract type often comes down to your stage of life and confidence in the property market.

• New or first-home buyers – A single contract is usually the best fit. It keeps things simple with one process, one settlement and a clear pathway to finance. Plus, with turnkey packages like Eden Brae’s Complete Homes, you’ll know exactly what you’re getting, right down to the last detail.
   
• Investors or experienced buyers – A split contract may have more appeal. It can unlock potential tax advantages, offer flexible payment structures and allow for more customisation of land or build specifications. However, it also comes with added complexity and financial risk, so it’s best suited to confident buyers who understand the process.

In the end, your choice depends on whether you value simplicity and certainty or flexibility and control.

Why Eden Brae’s Complete Homes Make It Easy

With so many decisions to make when building, choosing the right contract structure shouldn’t add to the hassle. That’s where Eden Brae’s Complete Homes make all the difference.

Our Complete Homes are built on a seamless single-contract model, giving you clarity from the very start. With a turnkey package, all the essentials are included, so your home is finished and move-in ready.

You’ll also enjoy:

• Trust and confidence – A proven, streamlined process backed by one of NSW’s most awarded builders.
   
• Design flexibility – A wide range of stylish floorplans and facades within the Complete Homes collection.
   
• Step-by-step guidance – Our team is with you from finance through to handover, so you’ll never feel unsure about what comes next.

Building with us means achieving the home you’ve always wanted, without the added complication of managing multiple contracts.

Ready to make your dream home a reality? Explore Eden Brae’s range today and contact us to take the pressure out of building.