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Buying your first home can seem stressful and expensive, but it doesn’t need to be. At the moment, there are many government grants and schemes available to help you break free from the rent trap and get into one of the house and land packages Perth is talking about, and our first home buyer experts are here to guide you through every step of the way.
The most popular suburbs for house and land packages south of the river in Perth include:
These suburbs are known for offering house and land packages and are considered popular locations for individuals looking to build a home in Perth’s southern suburbs. Additionally, suburbs located along the Darling Scarp, such as Roleystone, Gooseberry Hill, Glen Forrest, and Darlington, are also mentioned as top suburbs for an upsize, based on the availability of four-bedroom homes, relative affordability, and lifestyle.
It’s important to consider various factors such as location, orientation, size, and shape of the land before purchasing a block of land, as these factors will determine the value of the block now and in the future.
A house and land package is a type of property purchase where you buy a piece of land and a new home is built on it.
House and land packages are usually offered in master-planned new estates that have been specifically designed to create new communities.
Seek advice from professionals and ask questions to ensure you’re making an informed decision.
One of the main benefits is that you can customize the design of your home to suit your needs and preferences. Additionally, stamp duty on house and land packages only applies to the land, whereas you would have to pay stamp duty on the entire purchase price of an existing home.
The cost of a house and land package can vary depending on factors such as the location and size of the home.
There are a variety of finance options available for house and land packages, including construction loans and home loans. To learn more, read about finance here.
The process for buying a house and land package involves selecting a block of land, choosing a home design, and entering into a contract with the builder.
Buyers will need to engage a conveyancer or solicitor for legal due-diligence to ensure all regulatory and council requirements are being met. We have strong relationships with many solicitors.
For in-depth information regarding the legal requirements, you can read Commerce WA’s outline.
Yes, most builders will allow you to make changes to the home design to suit your needs and preferences
It usually takes between 6-13 months depending on factors such as the size of the home and the builder you choose.
Here are the differences between buying a house and land package and buying an existing home:
House and Land Package: