Essential Factors First Home Buyers in Perth Need to Look Out For


There are a few key variables to keep in mind when investing in a home in Perth for the first time. Understanding these factors is critical to making the best choices.

Choosing where to build a home can be a tough task. While certain locations are highly desirable, there are still a few steps to highlight as well as some benefits that are offered by the government. Take a look at both of these areas.

Grants for First-Time Buyers

Those who are contemplating the purchase or construction of a home for the first time can take advantage of a programme called the First Home Owner’s Grant or FHOG. This grant is able to provide an individual with a total of up to $10,000 dollars towards any new home purchase. Be sure to visit the FHOG’s official website to learn about the qualifications and conditions of the first home buyers grant.
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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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