What Is a House and Land Package and How Does B1 Homes Structure Theirs?

If you are renting in Perth and trying to work out how to buy your first home, you have probably heard the term “house and land package” thrown around. It sounds simple enough – a house plus land, bundled together. But what does that actually mean for your wallet, your timeline, and your ability to stop paying rent and start building equity?

Here is the short version: a house and land package combines a block of land with a new home design at a fixed price. You buy the land, choose a floor plan, and the builder constructs your home on that block. No hunting for land separately, no coordinating different contracts, and no surprise costs halfway through.

For first home buyers in Perth, it is one of the clearest paths from renting to owning. The certainty matters when you are making the biggest financial decision of your life.

Key Takeaways

• Perth’s median house value reached approximately $1,087,507 in April 2026, up 25.7% year-on-year, according to Cotality.
• The $10,000 First Home Owner Grant applies to eligible WA buyers building a new home at $800,000 or less, according to WA.gov.au.
• From 7 May 2026, no stamp duty applies on new WA homes up to $600,000, with a concession to $800,000, according to WA.gov.au.
• Keystart accepts deposits from 2% for eligible buyers with no LMI, updated April 2026, according to Keystart directly.
• B1 Homes builds exclusively in double brick, with a 6-year WA structural warranty and 12-month defects period on every completed home.

Why Do House and Land Packages Work for First Home Buyers?

Buying land and building a home separately sounds logical in theory. In practice, it adds complexity most first home buyers do not need. You are coordinating land settlements, builder contracts, council approvals, and finance – all whilst trying to keep your deposit safe and your build on schedule.

What Makes the Package Structure Simpler?

A house and land package simplifies that process. The land is already titled (or close to it), the builder has pre-approved designs for the estate, and your contract locks in a fixed price for both. You deal with one builder, one timeline, and one set of paperwork.

For buyers still renting, this structure offers something even more valuable: speed. Many house and land packages in Perth are in new estates where land is ready to build on within weeks of settlement. That means you are not waiting months for titles to register whilst your rent keeps draining your savings.

What Is Actually Included in a House and Land Package?

Not all packages are created equal. Some builders advertise a headline price, then add thousands in essential upgrades once you are in the sales office. Others include everything you need to move in, with no hidden costs.

What a Proper Package Should Cover

Here is what a proper house and land package should include:

• The block itself, with title or conditional contract if land is still being developed
• Soil testing and site classification reports
• Connection to essential services: water, sewer, power, gas where available
• Your chosen floor plan, built to the Building Code of Australia
• A fixed-price contract with no variation clauses for standard builds

Standard inclusions vary by package and current promotion and are confirmed in writing before contracts are signed. Always request the full inclusions list before signing anything.

What to Ask Before You Sign

B1 Homes structures packages with full transparency. When you explore home designs in Perth, you see what is included in the base price and what is optional. No surprises, no pressure to upgrade on the spot.

How Does B1 Homes Structure Their Packages?

Most builders offer house and land packages, but the structure varies. Some sell land through third-party developers and simply attach a home design. Others have preferred estates where they have negotiated better land pricing or faster timelines.

B1 Homes partners with land developers across Perth’s growth corridors – Two Rocks, Alkimos, Baldivis, and beyond. B1 Homes is a home builder, not a land developer – it sources lots through established estate relationships and does not control land release or estate planning. Find available land across Perth to see current listings.

Step One – Choose Your Estate and Block

You start by selecting a location that fits your budget and lifestyle. B1 Homes maintains a live inventory of available house and land listings across Perth, updated as new lots are released. You can filter by price, suburb, or lot size to find blocks that suit your needs.

Step Two – Match a Home Design to Your Block

Not every design fits every block. Narrow lots need different floor plans than wide ones. Corner blocks have different setback rules than mid-block lots. The team matches your chosen design to your block’s dimensions, orientation, and construction and compliance requirements before you sign anything. Find your floor plan across B1 Homes’ published designs to start the match.

Step Three – Lock In Your Fixed Price

Once you have chosen land and design, B1 Homes provides a fixed-price contract. That price includes the land cost, the build cost, and confirmed inclusions. If you want upgrades – stone benchtops, taller ceilings, ducted air conditioning – those are quoted separately and added to the contract before signing. No variations, no cost blowouts.

Step Four – Finance and Deposit

Most lenders treat house and land packages as a single transaction, but they release funds in stages. Your lender pays the land cost at settlement, then releases construction funds as the build progresses. B1 Homes works with buyers using Keystart, major banks, and low-deposit lenders.

What Finance and Grants Are Available for WA House and Land Packages?

The grants and finance options available to Perth first home buyers in 2026 make a house and land package more accessible than many buyers realise. B1 Homes works alongside buyers using these pathways to structure deposits and confirm eligibility before contracts are signed.

First Home Owner Grant WA

The $10,000 First Home Owner Grant applies to eligible buyers building a new home valued at $800,000 or less south of the 26th parallel, according to the WA Government. This grant does not apply to established homes – which makes building new more financially attractive for eligible buyers. Subject to eligibility.

Stamp Duty Changes From 7 May 2026

From 7 May 2026, no stamp duty applies on new WA homes valued up to $600,000, according to WA.gov.au. A concession applies on homes up to $800,000, with a maximum saving of $22,515. For vacant land, the exemption applies to $450,000 and a concession to $550,000, with a maximum saving of $25,390. Subject to eligibility.

The First Home Guarantee

The First Home Guarantee allows eligible buyers to build with a 5% deposit and no Lenders Mortgage Insurance (LMI). Income caps were removed in October 2025. The Perth price cap is approximately $850,000. Subject to eligibility, according to WA.gov.au.

Keystart for Low-Deposit Buyers

Keystart is a WA Government-backed lender accepting deposits from 2% for eligible buyers, with no LMI. Updated April 2026: income cap $155,000 singles and $228,000 couples; property price cap $860,000; construction repayments capped at $400 per month. Standard low-deposit loan, not shared equity. Subject to eligibility.

B1 Homes also offers a pathway from $3,000 deposit, subject to eligibility, according to B1’s published Finance page. Confirm eligibility and terms with the Lets Finance team or a licensed broker.

How Long Does a House and Land Package Take in Perth?

Speed matters when you are paying rent every month. The faster you move from contract to keys, the sooner your mortgage repayments replace rent and start building equity instead of funding someone else’s investment.

What Are the Key Build Phases?

Here is a realistic timeline for a house and land package in Perth:

• Land settlement: 0-3 months if the land is titled; longer if still being developed
• Pre-construction: finalising design, building contract, and pre-start process
• Construction: B1 Homes’ typical target is 9-12 months from contract to handover – a target, not a guarantee. Timelines vary based on land title status, council processing, and site conditions.

B1 Homes is a home builder, not a land developer. It partners with land developers and sources lots through established estate relationships but does not control land release timing.

How Does Construction Lending Work?

Your lender releases construction funds at key build milestones – base stage, frame stage, lock-up, fixing, and completion. You do not pay these directly; the bank handles it. You will likely continue paying rent until construction is complete, so factor that into your overall timeline and budget. Compare package options to understand how different corridors affect typical timelines.

Why Do Perth First Home Buyers Choose Packages Over Established Homes?

Established homes in Perth’s inner suburbs carry significant price premiums. Perth’s median house value reached approximately $1,087,507 in April 2026, up 25.7% over the previous twelve months, according to Cotality. Areas like Scarborough, Mount Hawthorn, or Fremantle sit well above that median – often out of reach for first home buyers still renting and saving a deposit.

What Does a Package Deliver That an Established Home Cannot?

House and land packages in growth suburbs offer a different equation. A brand-new 3-bedroom, 2-bathroom home with modern inclusions, full warranties, and no renovation costs for years is achievable at entry-level price points across Perth’s growth corridors. walk through the Hansen to see finish quality and construction standards in a completed double brick build.

Government grants and incentives add another advantage. Eligible first home buyers building new homes qualify for the $10,000 First Home Owner Grant in WA. Established homes do not qualify. New homes built to current standards are also more energy efficient, reducing running costs compared with older properties.

What Concerns Do First Home Buyers Have About House and Land Packages?

These are the questions buyers ask most often before committing to a package.

Are New Estates Far From Everything?

Some are. Others are not. Estates like Alkimos and Baldivis have schools, shopping centres, medical facilities, and transport links already in place. The trade-off is straightforward: live closer to the city and pay significantly more, or live 20-45 minutes further out and own your home sooner. see the Davenport layout to see how B1 Homes designs for growth corridor lifestyles.

What If the Builder Cuts Corners to Hit the Fixed Price?

This is a legitimate concern and the reason choosing the right builder matters. B1 Homes operates under the Home Building Contracts Act in WA, which requires builders to meet strict standards, provide warranties, and maintain insurance. Every completed home carries a 6-year structural warranty and a 12-month defects period. Before signing, visit display homes in Perth and inspect the quality firsthand. Walk through the Fitzroy to see construction standards in a finished double brick build.

Can I Make Changes to the Design?

Yes, within limits. Structural changes – moving walls, adding rooms – require engineering approval and cost extra. Cosmetic changes – benchtop colours, flooring selections, paint – are easier and cheaper. B1 Homes will quote changes before you sign, so there is no confusion about what is included versus what has been upgraded.

How Do You Get Started With a House and Land Package?

If you are still renting and wondering whether a house and land package is within reach, here is what to do next.

Check Your Borrowing Capacity

Most lenders will pre-approve you based on your income, expenses, and deposit. Pre-approval tells you what you can afford before you start looking at land. It also shows sellers and builders you are a serious buyer.

Explore Available Packages and Visit a Display Home

Explore available packages across Perth to find options that match your budget and lifestyle.

Then check the Glendale floor plan to see the space, the quality, and how the design actually lives across Perth’s growth corridors.

Book a Consultation

The easiest way to understand how packages work – and whether they suit your situation – is to talk to someone who builds them every day. The Lets Finance team works alongside buyers to structure deposits, confirm grant eligibility, and match the right lending pathway to each situation. For personalised finance questions, confirm your position with Lets Finance or a licensed broker before acting on any estimate.

Conclusion

A house and land package is not just a product – it is a strategy. It is how first home buyers in Perth move from renting to owning without needing a very large deposit or settling for a rundown house in an expensive suburb.

B1 Homes structures packages with fixed pricing, confirmed inclusions, and real support from contract to keys. You know what you are paying, what you are getting, and when you will move in. That clarity matters when you are making the biggest financial decision of your life.

Get in touch with a B1 Homes new homes specialist to find the right house and land package in Perth for your budget and lifestyle, or call (08) 9261 3100 to speak with the team directly.

FAQs: House and Land Packages in Perth

What is a house and land package and how does it work in Perth?

A house and land package combines a block of land with a new home design at a fixed price. You buy the land, choose a floor plan, and the builder constructs your home on that block under a single fixed-price contract. This removes the complexity of coordinating separate land and build contracts and locks in your total cost before construction begins.

What grants are available for house and land packages in WA in 2026?

Eligible buyers building a new home at $800,000 or less may access the $10,000 First Home Owner Grant, according to WA.gov.au. From 7 May 2026, no stamp duty applies on homes up to $600,000, with a concession to $800,000, saving up to $22,515. The First Home Guarantee allows a 5% deposit with no LMI, Perth price cap approximately $850,000. All subject to eligibility.

Is Keystart suitable for house and land packages in Perth?

Yes, subject to eligibility. Keystart is a WA Government-backed lender accepting deposits from 2%, no LMI, with income caps of $155,000 singles and $228,000 couples, and a property cap of $860,000 (updated April 2026). Construction repayments are capped at $400 per month during the build. It is a standard low-deposit loan, not shared equity. Confirm your position with Keystart or a licensed broker.

How long does a house and land package take to build in Perth?

B1 Homes’ typical target is 9-12 months from contract to handover. This is a target, not a guarantee. Timelines depend on land title status, council processing times, and site conditions. B1 Homes partners with land developers and sources lots through established estate relationships but does not control land release or council approval timing.

What is the difference between standard inclusions and upgrades in a B1 Homes package?

Standard inclusions vary by package and current promotion and are confirmed in writing before contracts are signed. Items such as stone benchtops, ducted air conditioning, and premium tapware are upgrades, quoted separately before you sign. Always request the full inclusions list in writing before signing. Nothing changes after contract execution without your written agreement.

Does B1 Homes build in double brick?

Yes. B1 Homes builds exclusively in double brick construction on flat, sandy-site blocks within new land estates across Perth’s growth corridors. No frame, timber-frame, or lightweight construction is used. Every completed home carries a 6-year WA structural warranty and a 12-month defects period, confirmed on b1homes.com.au.