Get On Board With Perth’s Small Block Trend: Why It’s The Way Of The Future
There’s no doubt about it - the size of Perth’s average block of land is getting smaller and smaller. The days of the great Australian dream of a quarter acre block in the suburbs (complete with Kingswood in the driveway) are most definitely long, long gone. 700sqm blocks were the norm in the 70’s, but by 2008 the average parcel of land had shrunk to 525sqm and now sits at around 380sqm.
It’s a trend that looks set to continue, with 80sqm “micro lots” going on sale in 2017 and some industry experts predicting blocks as tiny as 50-60sqm in the future. So what does this mean for you if you’re thinking about building your first house? Well, we’re excited to let you know that it’s actually a really good thing!
It’s no secret that housing affordability is a big issue these days. With potential first home owners finding it harder and harder to break into the market, smaller lots with lower price tags means that the dream of building and owning your own home is actually more achievable. After all, what’s the point of waiting longer and working harder to buy extra land that you don’t really need?
Speaking of needs, these too have changed over time. Building companies now have a range of innovative designs (such as our Tayla and Splendour homes) that make the absolute most of smaller plots of land, so rather than buying the property that you’ll need 30 years in the future, you can build the house you want for your lifestyle right now. Small lot homes are also more energy efficient and less maintenance intensive, so that means smaller electricity bills and less time mowing the lawn and weeding the garden.
Thinking of building your first home on a smaller block of land? Get in touch with us today to find out more.
Posted by First Home Buyers Direct on 27 February 2018 | 0 comments
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