Government Grants, 21% Growth & 11-Day Sales — Build New in Koondoola Before It's Gone
The WA Government just raised the stamp duty exemption threshold for vacant land to $450,000. For eligible first home buyers, this block sits squarely in the frame — and with the $10,000 First Home Owner Grant also on the table, the cost of getting into a brand new home in one of Perth's fastest-growing northern suburbs just dropped meaningfully. For investors, updated Federal negative gearing rules announced May 12 now provide enhanced benefits specifically for new builds — making this the right asset, in the right suburb, at exactly the right time.
The Location:
Koondoola sits 13 kilometres north of Perth's CBD within the City of Wanneroo — an established suburb that the market has firmly rediscovered. Median house prices have grown over 21% in the past year with homes selling in just 11 days on average, and rental yield sits above 5%, delivering genuine cashflow alongside strong capital growth. Koondoola Plaza and Mirrabooka Square provide everyday shopping and services close by, while Transperth bus services connect directly to Greenwood and Whitfords train stations for straightforward rail access into the city. Koondoola Primary School and Waddington Primary are both nearby, and Koondoola Regional Bushland offers parks and walking trails that families consistently value. Fifteen minutes to the beach. Twenty minutes to the city.
The Home:
This brand new home sits on a WAPC-approved 12.5m+ frontage lot on Yeaman Court — a whisper-quiet cul-de-sac that's fully serviced and clearing mid-June, with titles expected October/November 2026. That lead time is a genuine advantage — buyers can have a design locked in and building plans lodged with council well before settlement arrives. Whether you're a first home buyer building your first place, a family planting roots in an established suburb, or an investor targeting yield above 5% in a high-growth market, the fundamentals here stack up from every angle. The home is delivered under a HIA Fixed Price Contract — what you're quoted is what you pay, with complete budget certainty from day one. Enquire to discuss what's possible.
Why Act Now:
Koondoola has grown 21% in twelve months. Homes are selling in 11 days. Rental yield sits above 5%. The combination of a brand new home, a HIA Fixed Price Contract, genuine government incentives that meaningfully reduce your entry cost, and a title timeline that lets you plan well ahead of settlement makes this one of the more complete new build opportunities available in the northern corridor today.
Enquire now and find out exactly what the current grants mean for your situation.
NHMM (New Home Matchmaker) is a home-building concierge and brokerage. Separate contracts apply for land and construction. Images may show optional upgrades. Pricing, siteworks and availability are indicative only and subject to final engineering, developer or council requirements, and lender approval. Grants and guarantees are subject to eligibility and government/lender criteria. NHMM does not own the land advertised; land is purchased directly from the seller or developer. Independent financial, legal and building advice is recommended.