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BUYING THE BEST BLOCK OF LAND – A CHECKLIST

Working through this land buying checklist will help you avoid the risks that can come with choosing a block of land that you haven’t done your homework on.

HOW DO I NEGOTIATE THE BEST PRICE ON A BLOCK OF LAND?

You have a far better chance of negotiating the price of a block of land if you can justify your offer. Doing your homework and knowing the market gives you the upper hand.

WHAT DO I NEED TO KNOW ABOUT THE ORIENTATION OF MY HOME ON MY BLOCK OF LAND?

a note on orientation The best orientation for your home is largely dependent on your environment, or more specifically your climate. According to the Australian Guide for Environmentally Sustainable Homes, approximately forty per cent of our energy usage is for heating and cooling. The Guide also suggests that forty percent could be reduced to zero … Read More

WHAT DO I NEED TO KNOW ABOUT COVENANTS, EASEMENTS & CONNECTED SERVICES ON MY BLOCK OF LAND?

Once you’ve chosen the general location of your land, you need to look at more site-specific matters. In particular, you should check to see whether the land is affected by covenants or easements and whether it is fully serviced.

WHAT DO I NEED TO KNOW ABOUT A STRUCTURE OR DEVELOPMENT PLAN WHEN LOOKING AT LAND ESTATES?

Developers don’t have a legal obligation to tell you what is in the overall structure plan or development plan of an area. Sadly, it’s up to you to do your own homework. Learn what you need to know.

HOW DO I READ A PLAN OF SUBDIVISION?

The plan of subdivision provides details of the block sizes, dimensions and any other details such as easements. It is drawn up by a surveyor. A plan of subdivision shows: All the stages that will be offered for sale across the entire estate, the sizes and dimensions of every block and ny existing easements that may be present on every block.

HOW DO I COMPARE DIFFERENT BLOCKS OF LAND WHEN BUILDING?

Buying a block of land can be confusing and constantly missing out on the block you want because you are unsure of which one you should choose can be disheartening. A land buying comparison chart helps you compare apples with apples.

HOW DO I BUY A BLOCK OF LAND ‘OFF THE PLAN’?

There are some rarely known benefits to buying land off the plan during the pre-sale phase. The question is, is buying land off the plan right for you?

SHOULD I USE A LAND BUYING ADVOCATE?

A land buying advocate specialises in helping you find the perfect block of land and understands the home building process better than a general real estate agent who mainly sells existing homes.

WHAT IS A LAND CONVEYANCER?

Conveyancing is the process of transferring ownership of a parcel of land from one person to another. It is a legal process that is performed by a legal conveyancer. In a property transaction there is a buyer and a seller and each party should have their own conveyancer.  Because we are talking here about transferring … Read More

How to avoid expensive site costs when building a new home

Site costs are the costs of preparing your block of land for building and other site-dependant costs, such as slab upgrades. But how can you make sure that site costs won’t blow your budget?