Help to Buy: Perth properties ready to be snapped up for under the price cap

Many Australians are set to get a helping hand onto the property ladder thanks to the Help to Buy scheme where 40,000 Australian households can purchase a new or existing home with an equity contribution from the government.

Suburban Perth. Picture: Getty

Expected to launch later this year, the scheme will see the federal government make a contribution of up to 40% in exchange for a share, or proportional interest in the property.

Buyers with a deposit of at least 2% will be able to access the scheme, and the size of the equity contribution can vary from up to 30% for an existing home, to 40% for a new property.

This aims to assist prospective home owners gain access to the property market sooner than they would otherwise have been able, thanks to a smaller deposit.

New property price caps linked to average house prices across each state and territory were introduced earlier this year which have broadened the range of options available.

In Western Australia's capital city Perth, the property price cap is set at $850,000.

Here is a selection of properties for sale in Perth that fall within the Help to Buy’s property price cap.

64 Brandeis Grove, Karnup

Ready to move in with nothing to do, this four bedroom, two bathroom home in Perth’s south is set on a good sized 462sqm block.

Described in its listing as an “immaculately maintained family sized home,” its highlights include ducted heating and cooling, two kids retreats and spacious entertaining areas.

It is located a stone’s throw from the Singleton foreshore, a shopping centre and public transport. It is priced at ‘From $699,000.’

4 Jennings Street, Hammond Park

Seeking offers in the $800,000s, modern comforts and practical living combine in this four bedroom, two bathroom home.

Built in 2021, its long list of highlights include a double garage with workshop nook, zoned smart ducted air-conditioning, a swimming pool, an open-plan living and dining area with  31course ceilings.

49 Parsons Way, Innaloo

One of three street facing villas, this three bedroom, one bathroom residence offers easy, low maintenance living.

Its long list of features include built-in robes to all bedrooms, tiled flooring throughout, a private covered courtyard and a location minutes from the coast and local shops.

It is on the market seeking offers from $799,000.

18A Mandalay Place, Craigie

Boasting a prime location near Marmion and Whitfords Avenues, as well as shops, the coastline and schools, this three bedroom, two bathroom home offers privacy, modern touches and low maintenance living.

Its open plan living area has a seamless connection to the outdoor entertainment area, while the well-appointed kitchen includes stone benchtops, a breakfast bar, ample storage and stainless steel appliances.

It is priced in the high $700,000s.

4 Garigal Street, Brabham

Priced at $670,000, this low maintenance home in Perth’s east offers 167sqm of living space across a 250sqm landholding.

Its features include a master suite with ensuite, an open-plan living area, air-conditioning, ceiling fans and a double garage.

895 Dibble Street, Mt Helena

This 1925 built cottage boasts three bedrooms, an activity or study space and one bathroom.

Its kitchen includes high quality kitchen appliances, with subway tiling to the splashback and a Metters stove.

Rustic original features remain throughout the home, in addition to a modern laundry, a new triple carport and a large shed/workshop.

It is listed for sale seeking offers from $789,000.

26a Baldwin Link, Butler

Freshly painted and ready for its new owners, this three bedroom, two bathroom home is part of a quiet tree lined street within walking distance to local amenities including schools and shops.

Its long list of features include a master bedroom located at the front of the home, an open plan living and dining area, a private courtyard, a double garage and three reverse cycle split system air-conditioning units.

It has an asking price of ‘From $619,000.’

 

 

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