The McGowan Government's $116 million Regional Land Booster is set to boost the economy and jobs in the Wheatbelt, with 191 development-ready lots receiving a reduction in price.
The reduced DevelopmentWA lots include industrial, commercial and residential lots throughout the Wheatbelt region.
Single residential lot prices in Cervantes now start from $105,000, saving land buyers up to $42,900.
Other areas included in the Regional Land Booster within the Wheatbelt region include:
- Darkan Town residential, with all lots priced at $25,000, saving land buyers up to $25,000;
- A Cervantes multi-residential lot now priced at $595,000 saving $145,900;
- Williams residential, with prices from $57,000;
- Wundowie residential, with prices from $75,000; and
- Avon Industrial Park, with prices from $239,800
Delivering more affordable land in the Wheatbelt region is expected to stimulate the local building and construction sector, driving business investment and creating local jobs.
The Regional Land Booster comes in addition to the State Government's $20,000 Building Bonus Grant and the Commonwealth Government's HomeBuilder grant.
Eligible land buyers will be able to take advantage of up to $69,000 in State and Commonwealth building and homeownership grants.
For more information, visit http://www.developmentwa.com.au
As stated by Lands Minister Ben Wyatt:
"The affordable land package will provide a major boost to the Wheatbelt's COVID-19 economic recovery and support regional jobs through new residential and industrial developments.
"Increased land sales will secure a pipeline of work for the region's building and construction sector, supporting regional jobs and suppliers in this difficult time.
"Eligible land buyers could save themselves an additional $69,000 on top of this package through the various government building grants on offer, making it much more affordable than before to build a house in WA."
As stated by Agricultural Region MLC Darren West:
"The Wheatbelt region is a great place to live, work and invest.
"High property development costs have long been an inhibitor to housing construction and business opportunities.
"More affordable land will support local jobs, drive population growth and provide long-term benefits for businesses in the region.
"I thank Minister Wyatt for this investment in the Wheatbelt region."
