Buying your first home?
Buying a new build property as your first home has many advantages over existing dwellings. Learn all the benefits and get tips to help you decide on your first property by downloading our comprehensive guide for first home buyers.
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Cost of housing in Australia remains a significant concern, with low to moderate-income earners facing increasing barriers to entry. Reports highlight the widening gap between housing supply and demand, driven by record levels of migration and high construction costs since the pandemic.
These challenges have particularly impacted first-home buyers and those seeking more attainable housing options.
This blog provides a helpful guide for first-home buyers, showcasing a range of Cedar Woods properties across major capital cities. By highlighting various entry-level price points, we aim to offer insight into how first-home buyers can navigate the cost of new housing in today’s challenging market.
Take a look at some examples below.
Western Australia
In Western Australia, Cedar Woods has teamed up with one of WA’s top builders, Homebuyers Centre, to create a new home product that is specifically designed to make homeownership more attainable for first-time buyers.
The new product, named Ready Set Build, provides an affordable and quality option that fits within the parameters set by Keystart, a government-backed, low deposit home loan provider, offering first home buyers a significant opportunity to enter the property market with a low deposit.
Ready Set Build packages have recently launched at Eglinton Village, a masterplanned community in Perth’s north-west, with prices starting from only $494,554*.
Millars Landing in Perth’s south, recently sold out of its Ready Set Build packages in Baldivis, which started from only $495,100*, an attractive price point compared to the otherwise typical entry price of $640,000*.
South Australia
South Australia’s Elegan Apartments, nestled in scenic Glenside, offer modern architectural residences with 1-bedroom, 1-bathroom apartments starting from just $545,000*. With fixed price contracts and only a 10% deposit required, Elegan apartments are a great choice for first home buyers seeking natural serenity without compromising on quality and style.
Victoria
In Melbourne’s north, Mason Quarter in Wollert offers a variety of blocks and house & land packages to cater to all lifestyles and budgets. With premium blocks starting from $299,000* and house & land packages from $669,616*, Mason Quarter is set to become a vibrant family community just 25km from Melbourne’s CBD.
Clare Place is another masterplanned community offering affordable land and house & land packages just 25km north-west from Melbourne’s CBD in Fraser Rise. Prices for blocks start from $400,000* and house and land packages start from $648,023*.
Queensland
Queensland’s Flourish estate is a boutique new community in the heart of South Maclean, one of South-East Queensland’s fastest growing regions.
Flourish offers affordable blocks starting from $347,750* and house & land packages eligible for Queensland’s first home owner grant, making it an attractive choice for first home buyers.
Bringing Affordable Living Within Reach
From the Ready Set Build packages in Western Australia to architecturally designed apartments in South Australia, and affordable land and house packages in Victoria and Queensland, Cedar Woods is helping more Australians achieve their homeownership dreams.
Interested in purchasing your first property but not sure where to start? Our First Home Buyers Guide is a good place to begin your research and consider whether building a new home is right for you.
*T&C's apply. Price and availability subject to change.
