Building or buying your first home is one of the most exciting things in life. You can finally move out of that run-down rental where the hot water hasn’t worked properly in months. Everything is exactly how you dreamed, from the front door to the floors to the backyard and every detail in between. Whether you’re buying an established house or building your own modern haven, there are a few things to consider for first home owners in Perth:
Get your finances in order
Have you got enough for a deposit plus furnishings (with a safety buffer)? Do you know how much you can borrow? Have you looked into the First Home Owner’s Grant? The FHOG is a one-off tax free payment to help Perth property buyers get into their first home. First home owners in WA are eligible for $10,000 but only if they build or buy a new home, not an established property.
What kind of house?
Consider how many bedrooms and bathrooms you might want as a start; then there’s the entertaining area, kitchen, outdoor spaces and car parking. Everyone has a different dream home in mind and often the easiest way to live that dream is to build it. Remember to factor in 5-10 years down the road, especially if you are thinking of growing your family.
Modern construction methods mean you can be settled in less than four months, and it saves the disappointment of inspecting dozens of properties to confirm what you don’t want. Double brick is done for; tilt-up homes are booming in Perth right now and the trend will only continue. They are more cost effective to build and live in, and far exceed the 6-star energy rating for new homes.
Research your suburb
Perth suburb profiles are fairly easy to come by online. It’s important to know the stats on where you choose to live, so you know how much to expect your house to be worth in a few years. With urban infill on the rise and property prices at record lows, now is a great time to nab a dream block close to the city. Or you might choose to settle in Perth’s relaxed suburbs – do your research on what schools are in the area and how safe the roads are if you are thinking of raising kids there.
Consider public amenities like parks and community centres, as well as entertainment, shopping, eating options, and proximity to the city. After all, you’ll be living there for a while!
Think about the little things
Once you’ve made the big decisions, there are all the little bits to organise. First home builders and should think about council rates, move-in costs, extra taxes etc. It’s worth talking to an expert (or an experienced home buyer) to avoid any nasty surprises.
Building or buying your first home is an exciting adventure. With so many options available to Perth home builders, the house of your dreams can be a guaranteed 15 weeks away with Future Home Living. We have an extensive range of designs for any family, on any block. To find out why wall panel construction is the better way to build we invite all first home builders to visit our displays.