Now is the time to get home and land packages in Perth. New statistics have shown that the property market in Perth is starting to look favourable, especially to new home buyers. House prices have been declining as house values fell by 1.84 percent in August. This shows that the market is starting to slow down, as data gathered by REIWA show that “the number of house and unit sales fell to just over 50,000 during in 2013-14.”
These packages provide many benefits to first home buyers. In addition to being more affordable, they also give buyers the chance to own land in an area of their choosing, something which may not be easy given the competition in acquiring properties on many parts of Perth.
Additionally, a Perth home builder like Wow! Homes which offers land and house packages has a wide selection of functional and stylish home designs that buyers can choose from. These newly-minted dwellings need very little sprucing up, compared to pre-owned homes, saving buyers the need to spend on costly changes or improvements.
Would-be home owners in Western Australia are opting to build their own house rather than buy established ones. Perth first home buyers who take advantage of the government’s first home buyers grant receive up to $10,000 for contracts that do not exceed $750,000 while those interested in established homes get $3,000. Jonathan Barrett describes how this incentive has charged up growth in Perth and other major Australian cities.
Location is everything when it comes to selecting a new house; buyers need to pay close attention to where their prospective home is located, not just the condition of the property itself. This allows buyers to choose even undeveloped lots to build new homes on, for as long as the land is close enough to facilities and amenities. Buyers can save themselves the trouble of having to scour the state for prospective homes and lots separately by approaching real estate companies that offer land and home packages. Continue reading
Real estate experts encourage investors and aspiring home owners to go with house and land packages, first and foremost, for the stamp duty savings they can get. Under the new FHOG, buyers only have to pay stamp duty for the land, rather than the land and the house, as the latter has yet to be built.
In addition, purchasing a Perth house and land package allows buyers tax deductions on depreciable assets like home fixtures and construction costs. There’s also the fact that building a new house from scratch gives aspiring home owners greater freedom in choosing what features to add to their property, allowing them to enjoy the best and latest home technologies available.
For many people, home renovations represent a great opportunity to unleash their creative side and remake their homes into liveable works of art. On the other hand, many people also view renovations as merely spending money on things they should’ve had in the first place.
If you fall under the latter category, then it’s crucial that you get your design scheme right the first time around. This means working closely with an experienced home builder from Perth to make sure you get what you want. Continue reading
A dream come true starts with a wish. Your dream home is no exception.
Any plan to build a custom home starts with a meeting with your trusted home builder over a cup of coffee. The builder is expected to present you with designs you might like, but you also have to present your wish list. Be prepared to answer questions like: What would you like in a home? More importantly, can you afford to make those items a reality? Continue reading