Welcome to the first post in our build new or buy old in Perth, WA series. It’s aimed to go into more depth about the pros and cons of proximity, timing and purpose when buying established property versus building on vacant land in Perth.
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Most first-time home buyers and investors ask the same question: should I buy now, or wait? A fair question, especially when the property market is continuously changing.
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If you’ve already started your research into the costs of buying a home, you’ve probably seen the term stamp duty floating around. It is the biggest upfront cost when purchasing property and can catch you out if you haven’t factored it into your budget for a deposit.
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