Foreign investors are snapping up residential properties in Western Australia. According to the NAB’s survey last March, these investors accounted for about 15.6 per cent of new home sales across the country and spend within $500,000 to $1 million on average. One in five people who purchase in WA (mostly in the inner city areas) aim to redevelop the property. Apart from these investors, there are, of course, Aussies who buy homes in Perth, that they themselves will occupy. Whether you’re migrating to Perth, transferring from a nearby rental place, or moving out of your parent’s home, you need to pick your suburb smartly and find a suitable home that suits your lifestyle. Here are a few tips for first-time buyers of house and land packages in Perth.
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When buying a home, you’ll be making a lot of decisions. One of them is whether to buy a new home or a pre-owned home.

Buying a new home as opposed to a used one has a number of advantages. Obviously, the home will really feel “yours” if no one has lived in it before. Moreover, you can personalise certain aspects of the design. You can customise it to have a good resale value or make it really your own by applying your personal preferences—or try to strike a balance between the two.

Breaking into the real estate market is a good investment for the young people out there who want to make a profit. Granted that it is a naturally competitive market, it could prove to be a little stressful for first home buyers. Financing is a huge concern for young investors primarily because it is a little more risky, but there are several ways for you to improve your credit record to impress lenders:

Now that you’ve made up your mind to build a house in Perth, the next step is to choose a location for it. Location encompasses a wide range of factors that can affect your living comfort and the property’s future saleability. Needless to say, you’ll get tired of a place that can’t meet your needs, and chances are future buyers will too. So consider location carefully if you want to get the most out of your investment.

The floor plan is among the primary considerations when having your home built for the first time in Perth. Your home’s layout may spell the difference between comfort and future necessary renovations if it fails to meet the household’s needs. Whether you’re drawing the floor plan from scratch or studying that of a home model being presented to you, here are some important things to consider: