How to find a House and Land Package to suit your budget
Dreaming of buying land and building your own home in 2019?
That dream can become reality this year, thanks to a variety of cost effective house and land packages on offer, simplifying the building process and giving your more bang for your buck.
A house and land package deal is designed to make building a home easier and more affordable because a lot of the hard work in designing your new home is already taken care of.
Quite often, builders will team up with land developers to create exclusive house and land deals where the house plan is specifically designed for a block, hence creating a high quality abode at a cheaper price.
My First by Pindan Homes has teamed up with many developers across Perth to offer an array of house and land packages to create exceptional custom homes.
With Urban Development of Australia figures revealing Perth land prices were down 3.9 per cent for the year to September, making Perth land prices cheaper than Melbourne, Sydney and Brisbane there really is no better time to make that leap onto the property ladder!
The data also showed the average price of new residential land in Perth was $225,600.
And the most affordable land could be found in Perth’s southern suburbs.
My First by Pindan Homes has an array of packages to suit all types of buyers across Perth in many sought-after southern suburb locations including Wellard, Armadale, Gosnells, Success, Beeliar and Hammond Park, to name a few.
My First’s choice of packages on offer are designed to suit all types of buyers – including some great deals for first home buyers.
For a limited time, buyers will receive $40,000 off selected house and land packages too.
As you embark on your house and land package search, we’ve come up with some handy tips to help guide you in the process of securing a house and land package to best suit your budget:
Apply for government grants
The good news for first home buyers is homes purchased with a value of less than $430,000, do not pay stamp duty.
So if you snap up a house and land package under $430,000, as a first home buyer you won’t pay any duty.
This means more of your hard earned savings can go towards your home loan deposit!
Also, first home buyers are eligible for a $10,000 WA First Home Owner grant.
The much welcome State Government handout is paid to eligible first home buyers building or buying off-the-plan, or purchasing newly built homes, available for purchases of homes in Perth up to the value of $750,000.
Meet with an expert
Have a chat with a financial expert and find out what your borrowing capacity is and exactly how much of a deposit you’ll need. Find a loan that suits your budget and allows you to live within your means.
Take note of what is and isn’t included in the deal
Some packages include landscaping and fencing in the deal, which is a huge saving in helping you put the final touches on your dream home. Some builders also include bonus extras, such as air-conditioning, flooring, painting and appliances. Some packages also offer a fixed site works price, which can be a huge saving when preparing your land for building. All those extras add up to huge savings!
Want to know more about the House and Land Packages with My First by Pindan Homes? Contact us on 1300 108 763 or submit an enquiry here
Source: Pindan Homes