Home and Land Packages in Perth: What to Look for in the Ideal Builder


The Economist’s liveability index counts Perth among the world’s top 10 best cities to live in, along with three other Australian cities. The city proper and the nearby suburbs draw quite a number of prospective home buyers. Those who are looking to own their own homes for the first time would do well to consider home and land packages.

The Advantages

A prospective home buyer typically has to get the assistance of an agent to find a block of land then find a builder to construct the house. In other words, the buyer has to deal with two separate entities. This can make the whole process of home purchase so much more complex and time-consuming than necessary. With packages, the buyer only has to work with a single contractor when it comes to finding a good location and building the home, as explained by the Commonwealth Bank of Australia.
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Top Home Builders Help You Reap the Benefits of New Home Construction


Being one of the most desirable places in Australia, Perth draws a lot of people looking to own a home. Location is just one factor, though. Another decision home buyers must make is whether to buy an existing home or build a new one.

Buying an existing home seems the more convenient route as one can simply move into the property soon after the transaction is completed. One thing that prospective home buyers should keep in mind, however, is that this decision is not at all black and white. Top home builders that serve the Perth housing market, such as WOW! Homes, can help you realise the benefits of new home construction.
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First Home Buyers: Get Ready for the Big Move Out on Your Own


Is it the right time to leave the nest and try to make a life for yourself out there in a major city like Perth? If you are aged 21-24, the answer is yes, at least according to the University of Melbourne’s Household Income and Labour Dynamics in Australia survey.

Apparently, young people who seek independence at this age range are found to be richer later in their life by about $185,000 than those who delay the big move. While that may prove a compelling reason to rush out of your parent’s house, you should still take it slow and prepare. Here are some tips for would-be first home buyers.
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House and Land Packages: Top Tips for Viewing Display Homes in Perth


You’ve finally decided to try looking at house and land packages in Perth for your first home. If you don’t have any idea what to expect, visiting a few display houses is a good place to start. It’s easy to fall in love right away with the first display house you visit, but keep in mind that there are plenty more to see. You don’t want to miss out on the right opportunity simply because you rushed your decision. Here are the top tips for prospective buyers.

Take your time to look around

You should never be in a hurry whenever you make a huge decision such as building a house. Take your time and don’t feel pressured. Clear out your schedule for the day and focus on the display homes you are viewing. As you walk through each house, visualise what it would be like to live there.
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Top Four Reasons House and Land Packages Make Sensible Investments


Most people agree that it’s convenient to invest in an established house. It’s cheap, easy, and apart from a few retouches and installations, you don’t actually have to bother building the property from scratch. If you carefully analyse and factor in the risks and extra costs that come with used, worn properties, however, you might see your investment decision in a new light. Brand new home and land packages here in Perth offer multiple investment benefits that outweigh what ready-built properties offer.
You get to select your location and home design
House and land packages give you the liberty to select a good location, ideally one which demonstrates positive economic growth and real estate value appreciation. You can also customise a house design according to what you believe will entice your prospective tenants, making your investment more attractive.
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Purchase a House and Land Package in Perth through a Guarantor Loan


When buying a home in Perth, you will typically need to put down a minimum 5 per cent deposit to get approved for a loan. This requirement can prove challenging if you’re still paying rent. Fortunately, Perth home builders like WOW! Homes say your family can help you buy your new home by acting as a guarantor. Here’s what you need to know:

What is a guarantor?

Many lenders and banks will be more willing to help if you have a guarantor to back you up. A guarantor is anyone who can offer the assurance of loan repayment (but only a portion of the loan) if the borrower fails to fulfil his commitment. This lowers the risk for the lender, who may even decide to lend you as much as 100% of the property’s purchase and construction price.
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Factors that Make Perth a Good Location Prospect for First Home Buyers


Like many first home buyers in Australia, you can look forward to a good chance of getting better value for your money by going west. Such was the topic of a news article published on The Australian Financial Review. A review of property prices reveals that you can find units and apartments in Perth for about $500,000, or sometimes lower, that are within 10 kilometres of the central business district (CBD). In comparison, a comparable property in Sydney will be two times farther from the CBD.
Market Conditions
Today, Perth’s housing market is becoming more flexible for buyers. By taking a look at the following factors alongside housing market conditions in other major Australian cities, one can easily see the perks of living in Perth.
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