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Are House and Land Packages Good Value for Money?

If you’re in the market to buy a home, you might be wondering ‘are house and land packages a good idea?’ The good news is that they are because they can provide you with plenty of benefits from customising your home to better land size options to government incentives. Read on to find out more.

Government incentives for first home buyers 

There are four government incentives available for eligible first home buyers in Western Australia:

1)    The First Home Owner Grant

If you are a first homeowner, you are in for a treat with this grant of $10,000 to finance a brand new WA home, which includes a house and land package. 

2)    Stamp duty concession

If you buy a new home valued at less than $430,000, you’ll pay no stamp duty at all. This includes house and land packages. 

If you buy a new WA home/house and land package valued between $430,000 and $530,000, you’ll pay a reduced amount of stamp duty. Stamp duty is a government tax and it can otherwise be $10,000 or more depending on the value of your home. 

3)    The Home Buyers Assistance Scheme

If you buy a new WA home/house and land package worth less than $400,000, you can get $2,000 under this Scheme to help you cover associated costs. 

The opportunity to plan and customise your dream home 

It’s hard to find your dream home when you’re looking at established homes. But when you buy a house and land package, you have the opportunity to customise your home to make it just the way you want.

To top it off, everything in your new home will be brand new when you move in. You won’t be inheriting any problems like you can when you buy an established home. You’ll have lower maintenance costs in the early years.

Get the latest smart and sustainable features 

Contemporary homes being built today include a range of smart and sustainable features to help you reduce your impact on the environment and save on your energy bills. New homes in WA must have a 6 Star NatHERS energy rating. Clever new home design can:

  • reduce your artificial heating and cooling needs
  • ensure you use energy (electricity and/or gas) more efficiently
  • lower your carbon footprint
  • ensures your home’s long-term value.

Land size

When you choose a house and land package, you can choose the land size to suit your needs. A small or large block? The choice is yours. You can then choose a home design that suits your block.     

How we can help

Commodore Homes provides a range of affordable house and land packages in Perth. We’ve chosen strategic locations with great amenities so you’ll have everything you need close by. This will maximise the appeal and value of your home over time. 

Contact us today to find out more about turning your new home dream into reality!

 

Blog posted: February 12th 2021

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