House and land packages are all the rage in Perth right now, especially with first home buyers, and it’s easy to see why – everybody loves neatly wrapped packages!
To help you work out whether this easy first home option is right for you, we’ve explored the pros and cons.
HOUSE AND LAND PROS:
- Brand Spanking New
- Build exactly what you want (not someone else’s dream)
- Energy efficiency: cut down on energy bills with modern home wiring, appliances and build specs
- The peace of mind of new home warranties
- The Complete Package
Another alternative to buying an existing home is to purchase land and build a new home design on it. However, this means you need to search for land yourself and then choose a design that’s suitable. House and land packages make the process easy by combining both the house and land in one package and because the builder handles it all, you’re guaranteed that elements of the new home designs on offer (like solar orientation and driveway placement) will perfectly match the block type.
- Makes Financial Sense
The other great advantage of packaging the house and land is that you only have one contract. Many first home buyers find this is a whole lot easier to manage as it often reduces paperwork and fees.
HOUSE AND LAND CONS:
- End Result May Differ
Often the inclusions shown in display homes and brochures aren’t what are available at the standard price. Some first home buyers get caught out by not being 100% clear on what their new home designs include from the outset. Making changes mid-build can bump up your price tag.
- Contract Issues
First home buyers can run into trouble if they sign a contract they don’t understand. For instance, you could sign the dotted line, only to find the builder hasn't actually got council approval yet. Make sure you take a copy of the contract to an independent solicitor first.
- Long Term Investment
As the Estate developer will probably keep selling new home designs around you for years to come, your home most likely won’t attract strong demand for some time. Make sure the house and land package you choose is part of your long term plans – you’ll want to live here for the next five or ten years.
House and land packages are fantastic options for first home buyers, with the big bonuses being no major repair bills or replacement costs expected for years to come, and an easy, streamlined process. You just need to be sure you choose a successful, experienced new home builder with a strong track record in delivering value packed, quality house and land packages.
Easystart Homes – the easy choice for first home buyers building (Perth)
When it comes to house and land packages, Easystart Homes makes it easy as! As part of the Summit Group, we have great relationships with developers all over Perth, meaning we can source great land in renowned estates. Teamed with a long list of value-packed new home designs and easy finance options, make Easystart Homes your first stop for house and land packages today.