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Top Four Reasons House and Land Packages Make Sensible Investments

Top Four Reasons House and Land Packages Make Sensible Investments | Wow! Homes | Scoop.it

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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Factors that Make Perth a Good Location Prospect for First Home Buyers

Factors that Make Perth a Good Location Prospect for First Home Buyers | Wow! Homes | Scoop.it

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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Home and Land Packages: What to Consider in Choosing a Perth Suburb

Home and Land Packages: What to Consider in Choosing a Perth Suburb | Wow! Homes | Scoop.it

One of the most important decisions you have to make when buying a new home in Perth is where you want to have it built. Your chosen location will affect your everyday aspects of living as well as the property’s future resale value. After being evaluated financially, selecting a suburb is usually the second step prospective homeowners take in the process of buying home and land packages from builders such as WOW! Homes. Consider the following factors when weighing your options.

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First Home Buyers in Perth: Achieve Financial Stability Before Buying

First Home Buyers in Perth: Achieve Financial Stability Before Buying | Wow! Homes | Scoop.it

Owning a home in a major city like Perth is one of the biggest life priorities for many Australians. Many first home buyers today do not realise it yet, but there is a lot more to owning a home than saving up or working a second job. Before you even consider having a house built, you must first work towards being financially stable. Here are some tips to help you build up your financial capacity and be able to afford your ideal property.

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Purchase a House and Land Package in Perth through a Guarantor Loan

Purchase a House and Land Package in Perth through a Guarantor Loan | Wow! Homes | Scoop.it

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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A Look at House and Land Packages and the Perks of Living in Perth

A Look at House and Land Packages and the Perks of Living in Perth | Wow! Homes | Scoop.it

Perth is recognised as one of the best cities not only in Western Australia but also throughout the world. Citing the results of the Economist Intelligence Unit’s 2014 liveability survey, which ranks cities according to certain criteria that pertain to living conditions, the Business Insider named Perth as 9th amongst the best cities to live in. Amongst other things, Perth garnered a score of 100 for infrastructure, health care, and education. With thousands of cities throughout the world, getting the 9th place definitely means a lot.
Life in Perth
Living in Australia cites additional reasons for residing in Perth. An affordable cost of living, for instance, is made possible as the transfer of goods gets easier with time. With its wide network of roads and highways, the traffic keeps moving even in the busy rush hours.

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Open Floor Plan Design: Why it’s a Top Choice for Perth Home Builders

Open Floor Plan Design: Why it’s a Top Choice for Perth Home Builders | Wow! Homes | Scoop.it

In the past, compartmentalisation was a key element in most home designs. Houses were comprised of separate rooms, each with a door of its own. The trend then shifted towards sliding doors and movable partitions that allowed occupants to adjust spaces to their liking. Eventually, designers realised they could fit more living space within a given footage using an open floor plan. Today, you can see that most works by home builders in Perth feature such a design.

As the name implies, a home with this type of layout has a single yet wide living space comprised of multiple open rooms. Such a floor plan combines main rooms like the dining room, living room, and kitchen into one shared space to create the so called ‘great room’. This configuration suits homes with less square footage, where making optimal use of space is more of a necessity than an option. As for larger homes, open floor plans give occupants more flexibility to move around. Additionally, the absence of interior walls increases natural lighting.

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House and Land Packages in Perth: Finding the Best Place to Settle In

House and Land Packages in Perth: Finding the Best Place to Settle In | Wow! Homes | Scoop.it

Building a new home for you and your family involves a lot of decision making. Aside from getting your finances in order, perhaps the biggest decision you will ever make is choosing the right place to settle in. This decision will have a tremendous impact on your lives, after all, so be sure to pick a house and land package that meets all of your lifestyle requirements. Here are some tips for finding the best location for your new home. 

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