Building the Foundation: How House and Land Packages Benefit First Home Buyers in Perth


March 27, 2024

Navigating the property market for the first time can be a daunting experience, but house and land packages in Perth present a practical solution for first-home buyers.

Navigating the property market for the first time can be a daunting experience, but house and land packages in Perth present a practical solution for first-home buyers. These packages bundle a new home and the land it’s built on into a single purchase. This approach not only streamlines the buying process but also provides the benefit of customising your home from the ground up. Thanks to lenient government regulations and active development, Perth has become an appealing market for these packages, making the dream of homeownership more attainable.

House and land packages offer financial incentives that are especially advantageous to first home buyers. The First Home Owner Grant (FHOG) is a one-time payment designed to encourage and assist first home buyers in Western Australia. This incentive, coupled with potential savings on stamp duty, makes house and land packages an economically sound choice. Additionally, selecting a reliable builder, like WOW Homes, ensures that you’re guided every step of the way, securing a transparent and seamless transition into your new home without the concerns of hidden costs or unexpected hurdles.

Key Takeaways

  • House and land packages simplify the home-buying process for newcomers.
  • Financial incentives such as FHOG make these packages a cost-effective choice.
  • Choosing a trustworthy builder is crucial for a stress-free path to homeownership.

Understanding House and Land Packages in Perth

Discover how house and land packages provide a streamlined path to homeownership for first home buyers in Perth.

What Are House and Land Packages?

A house and land package is a combined deal where you buy a piece of land and a new home to be built on it as a single purchase. Generally, these packages are offered by property developers and include a range of home designs that match the lot. This bundle can often be customised to suit your personal preferences and lifestyle demands.

Benefits of House and Land Packages for First Home Buyers

Fixed Price Contracts: One of the significant advantages for you as a first home buyer is the fixed price aspect. You’ll know the total cost upfront, making it easier to budget and finance your new home.

Stamp Duty Savings: In Western Australia, you only pay stamp duty on the value of the vacant land, not the house and land combined. This can result in considerable savings.

Government Incentives: As a first home buyer in Perth, you may be eligible for the First Home Owner Grant (FHOG) and other state-specific concessions that can make entering the property market more affordable.

Modern Living: New homes are built with the latest designs and technology, often including energy-efficient features. This means you can enjoy a contemporary lifestyle while potentially saving on future maintenance and utility bills.

Build Time: When you opt for a house and land package, the timeline for construction is usually set, which can be quicker than renovating an existing property. You’ll have a clearer idea of when you can move into your new home.

By exploring the concept of house and land packages in Perth, you’re taking a step towards affordable and efficient homeownership in Western Australia. Remember, these packages are purposefully designed to reduce the stress and complexity of buying your first home.

WOW Homes Perth Builders

Financial Advantages for First Home Buyers

The financial landscape for first home buyers in Perth offers several incentives and savings that can significantly reduce the initial burden of purchasing a property. Understanding these financial benefits is key to maximising your budget and making an informed decision.

First Home Owner Grant and Concessions

In Western Australia, the First Home Owner Grant (FHOG) is a one-time payment designed to assist first home buyers. When you’re considering a house and land package, you may be eligible for a $10,000 grant that can be put towards your purchase. This grant not only bolsters your budget but also eases the strain on your savings.

WOW Homes also offers triple the WOW factor when it comes to the FHOG through our Triple the Grant™ promotion. Eligible individuals will receive the $10,000 FHOG plus an additional $20,000, bringing the total grant up to $30,000.

Additionally, you’ll likely benefit from a stamp duty concession as a first home buyer. Stamp duty, a tax levied on property transactions, can be a significant expense. However, for first-time purchasers of land and newly constructed homes, there are concessions available that can substantially decrease, or sometimes even eliminate, this cost, leading to a more affordable mortgage and more savings for you.

Cost-Effective Home Building

When you opt for a house and land package, you’re stepping into a cost-effective home building process. These packages are generally more value for money than purchasing an existing home due to several factors:

  • Fixed Price: A fixed price contract means no unexpected costs; you know exactly what you’re paying upfront.
  • Efficiency: Building a new home through a package deal is often less expensive compared to buying an existing house, as it eliminates middleman fees and incorporates the latest construction techniques aimed at reducing costs.

Remember, by strategically planning your entry into the housing market with these financial advantages in mind, you can make the most of becoming a first home buyer in Perth.

Why Choose WOW Homes for Your House and Land Package?

When considering your first home in Perth, choosing the right builder is crucial. WOW Homes stands out with its dedication to providing bespoke solutions tailored to your needs. A crucial aspect of our service is the personalisation of your living space. Unlike purchasing a pre-existing property, you’re presented with a blank canvas to design a home that reflects your personal taste and lifestyle.



Tailored Design

You have the freedom to select a design that suits your unique preferences.

Modern Technology

Equip your home with the latest advancements in home technology.


Our house and land packages are competitively priced to cater to first home buyers.

Local Expertise

Take advantage of our extensive knowledge of the Perth property landscape.

Triple the Grant™

Recieve an additional $20,000 towards your first home, bringing the total assistance to $30,000 for first home owners.

At WOW Homes, we understand the importance of balancing quality and cost-effectiveness. Our house and land packages are crafted with first home buyers in mind, offering a combination of modern amenities and affordable pricing. Plus, with our local expertise, you benefit from insights into the best locations and developments in Perth.

Your dream home is closer than you think. Take the first step towards homeownership with confidence, knowing that WOW Homes is dedicated to helping you create a home that lasts a lifetime.

WOW Homes outdoor living floor plan

Frequently Asked Questions

When exploring the option of house and land packages as a first-time home buyer in Perth, it’s important to make informed decisions. This FAQ section will cover key aspects that can aid your purchasing journey.

What factors should I consider when selecting a house and land package as a first home buyer?

Consider the location, future infrastructure, size of the property, and the reputation of the builder. It’s also essential to evaluate the design options to ensure they meet your lifestyle needs and budget.

How does the First Home Owners Grant (FHOG) in Western Australia benefit first home buyers?

The First Home Owners Grant (FHOG) in Western Australia offers a one-off payment to help you purchase your first home, which can make a significant difference when combined with a house and land package.

What is the process for securing a house and land package with a minimal deposit?

Securing a house and land package often involves obtaining pre-approval for a loan and finding a package that suits your budget. WOW Homes offers low deposit options that can help you get started with a smaller upfront payment.

Can you explain the advantages of purchasing land prior to building a home?

Purchasing land first can lock in the price and give you time to save or plan for construction costs. You only pay stamp duty on the land component, potentially saving you money compared to buying an established property.

How do stamp duty concessions work for house and land packages in Western Australia?

In Western Australia, first home buyers can benefit from stamp duty concessions on their land purchase, which can lower the overall cost of buying a house and land package.

What are the top tips for finding the best value house and land packages in Perth?

To find the best value, research upcoming areas, compare different packages, and investigate what’s included in the base price. Understand your needs and priorities, and ensure they align with the package you choose.

Take the first step

Get in touch to book your FREE, no-obligation session to discuss your financial situation.