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New Baldivis Estates and land packages
Know this:
- Baldivis is a major growth area in Perth's south, located adjacent to Rockingham.
- The Baldivis town centre and the Baldivis shopping centre act as a regional anchor that has a variety of retail amenities for existing and new residents alike.
- Be sure to also check out land for sale in Wellard.
Baldivis is a growing suburb located approximately 42 kilometres south of the Perth CBD and benefits from good transport links to connect residents with jobs in the Perth metropolitan area.
Buyers seeking to secure a block of land in a new land estate in Baldivis have a range of options to suit different budgets.
In 2017, the Western Australia Government opened the Baldivis Gardens Primary School to service the growing community and there are community centres and other amenities also in the pipeline.
The area is a thriving community that has a lifestyle lot to suit a range of budgets and is one of the most popular places in Perth to build a new dream home.
Building a new home in a private estate is made easier in the region thanks to a multitude of developers and builders active in the area.
New residents have easy access to a range of shopping centres, medical centres - many of which are within walking distance of a resident's new family home - and public transport access is a breeze with Warnbro station located nearby.
What is a house and land package?
There are broadly two types of house and land packages: Turnkey and Standard.
A turnkey house and land package is where a developer sells you a piece of land, builds a house and at the end of that process, hands you a key.
You literally turn the key in the door and the home is yours. This process generally has several involved meetings with the developer before construction begins so they can take into account any preferences you have.
Note: while developers will offer some choices - like colour schemes, flooring types, appliances (and prices will reflect those options), turnkey solutions are designed to keep costs to a minimum and as a result there is, broadly speaking, less choice in how you want your new home to be presented.
Standard house and land packages are more involved and at a high level, they involve you purchasing the land like any normal real estate transaction (with or without a mortgage) and then you can build the house at a later date.
This gives you a lot more options in how you want your new home to look and feel - you can customise a lot more - however you, as the buyer, are more involved with the construction and you need to manage more during the life of purchasing.
Financing
Always seek professional advice on securing financing for your property purchase.
Financing for house and land packages can differ depending on the type of package you intend to purchase.
For turnkey house and land packages, the purchase price tends to be fixed and, broadly speaking, the loan you will need to qualify for will generally be a normal home loan - complete with requirements to have a 20% deposit before being subject to LMI.
For standard house and land packages, you will, broadly speaking, deal with two different loans. Firstly, you have to purchase the land and this is where you will, generally speaking, need to have a 20% deposit in order to not be levied with LMI.
Secondly, your financial provider will supply you with a ‘construction loan’ that you draw down on as you pay contractors at different stages of the home’s construction.
This advice is high-level in nature and always consult a mortgage broker or broker at a bank to get tailored advice that best suits your budget.
We aim to make things easier for you to find your new home here at Urban.
Be sure to refine your search in order to find projects that best suit your requirements.
If you register your details on the form provided on any of the listings you see on this page, it will enable us to connect you with an agent or other qualified sales professional sooner.
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