A blend of strong state and Federal Government incentives and record low interest rates means now is a fantastic time to build for those in a position to do so, according to the team at Milford Homes.
Milford is a timber frame-focused builder with projects spanning the entire state.
Milford Homes Managing Director and Registered Builder Mal Holmes told New Homes while times like the present could lead to feelings of isolation for property owners, it was important to remember there was plenty being done to facilitate industry progress and make building a viable option for more people.
“Now really is the best time to look at building a home,” he said.
“The incentives are heling clients meet their goals while giving a boost to the Western Australian housing industry.”
While the economic climate is uncertain due to the current pandemic, the Reserve Bank of Australia’s cash rate say at 0.25 per cent at time of writing, and a wide range of housings stimulus is on offer from a state and federal level, with pushes for more industry support form representative industry bodies.
All builders have had to adjust the way they work to accommodate the current environment. For its part, Mr Holmes said the nature of Milford’s work meant the business had been able to adapt quite quickly and with minimal disruption.
“With part of our core business already building in remote areas, we are well set up to carry out things like pre-start meetings over the phone or by other means,” he said.
“As always, we’re ensuring our clients are given mobile phone numbers of all the relevant people at Milford Homes to ensure they can make contact directly if and when needed.”
Mr Holmes said there was also plenty of merit to building with timber in the current environment, with shorter build times and locally sourced materials meaning people can get into their new home sooner.
Article published in The West Australian, New Homes, words by Jack McGinn.