Firstly congratulations on getting your first home.
I am currently building, and while I was somewhat complacent about where they were going to put the heat pumps in, they did make good recommendations on where to put them. Both of my heatpumps are currently being installed on the outside walls. I was TOLD that they must be about 200mm below the roof. Which did annoy be a bit, as I had plugs installed for a TV on the same wall. But I am just going to lower the TV a little bit, or maybe put a smaller TV in one of the rooms.
As for the size of the heat pump. When I got one installed in my old house it was pretty confusing.
Firstly, you should make sure you home is insulated in the roof walls and floor (if possible) before buying the heatpump. You may or may not be eligible for a government grant. Check the Energywise website. My old house was built in 1965 and had no insulation. So i installed some under the floor myself. I couldnt get into the walls to insulate, and the roof didn't have a cavity. So I ended up going with a larger heatpump 6.25 K/w and it worked well. (It heated/cooled a maybe 40~50Sqm Lounge/kitchen that was poorly insulated. (floor only) as that is all I could do.
The reason why this is important, is if walls/roof are insulated is a large factor in heatpump sizing. Also insulation doesn't cost power every month.
If you can get away with a smaller heatpump because your home is insulated, it will use less power, & it wont need to work as hard either.
1) Spend the money on insulating first.
2) Then get a heatpump sized based on an insulated home. I was able to use a heatpump sizing calculator to figure out what I needed.