Perth first home buyers have more than one pathway into house and land

Perth’s rising established house prices have made the new-build market an increasingly relevant comparison for first home buyers, particularly as state and federal assistance extends across several different pathways into house and land.

Perth’s typical established house now costs around $955,000 according to REIWA. Even across many of the city’s outer growth suburbs, where prices are generally lower, median house prices have moved above $800,000.

That puts the typical established home in these areas around or above some of the key price caps attached to first home buyer assistance, which generally sit between $800,000 and $850,000. House and land provides another option to compare at these price points, with some assistance specifically available for new homes.

The WA First Home Owner Grant provides eligible buyers with $10,000 when buying or building a new home. Since May 2026, the value cap for Perth has been $800,000, covering the combined value of the home and land.

Stamp duty relief provides another pathway. Eligible first home buyers pay no transfer duty on a home valued up to $600,000, with a concessional rate extending to $800,000. Those purchasing vacant land can receive an exemption up to $450,000, with concessions available above that threshold.

Other pathways can reduce the deposit required or change how the purchase is funded.

The Australian Government 5% Deposit Scheme allows eligible first home buyers to purchase with a five per cent deposit without paying lenders mortgage insurance, including eligible house and land packages, up to Perth’s $850,000 price cap.

Help to Buy provides a different structure again. Eligible purchasers can buy with a minimum two per cent deposit, with the government contributing up to 40 per cent toward a new home. Perth’s price cap is also $850,000.

The different thresholds mean there is no single definition of an eligible first home buyer package. A property may fall within one scheme and outside another, making the total cost of the land and build, rather than the advertised land or construction price alone, an important point of comparison.

First home buyers are already a substantial part of Perth’s new land market. UDIA WA reported they accounted for 45.5 per cent of purchasers in the December 2025 quarter.

For those exploring the house and land route, builders operating across Perth offer different approaches to the process, from fixed-price and turnkey packages to land sourcing and more flexible home designs.

Simonds Homes

Simonds has brought its national homebuilding operation to Western Australia through a joint venture with Perth-based Atlas Building, offering house and land packages alongside a range of home designs selected for the local market.

The WA range includes compact designs such as the Baxter 19 through to the larger Lenox 23 and Pearson 23, with layouts generally centred around open-plan living and separation between shared and private areas.

Simonds currently lists house and land at Grevillea Estate in Mariginiup, with packages at Amberton Beach in Eglinton and Sienna Wood in Hilbert. Its WA offer also includes fixed pricing and turnkey inclusions, a guaranteed site start and Lifetime Structural Guarantee.

B1 Homes

Perth-based B1 Homes focuses on first home buyers, next home buyers and investors, combining house and land packages with assistance around finding land, finance and navigating government grants.

Part of the Scott Park Group, the builder offers predominantly single-storey homes alongside turnkey packages.

Its Land Ready Program connects available homesites with suitable designs, with packages offered across Perth’s northern, southern, eastern and central growth areas. Suburbs highlighted by B1 include Alkimos, Yanchep and Eglinton in the north, and Piara Waters, Wellard and Anketell in the south.

Redink Homes

Redink Homes, also part of the Scott Park Group, builds design flexibility into its project-home model.

Operating in Perth since 2006, Redink offers house and land packages alongside demolish-and-rebuild projects and several home ranges. Its designs cater to blocks from 7.5 metres to 15 metres wide.

The builder encourages changes to its standard floorplans, an approach reflected in the Redink name itself, a reference to the industry practice of marking alterations to plans in red ink.

For first home buyers considering house and land, the relevant price is ultimately the complete package rather than the block or build in isolation. The WA First Home Owner Grant, stamp duty concessions, 5% Deposit Scheme and Help to Buy each operate under different rules, meaning the same package may qualify under one pathway but not another.

Checking the combined land and construction cost against the assistance being considered therefore becomes an important part of comparing packages, alongside the home design, inclusions and building contract.