Buying land is a massive financial commitment and one that can turn into a fantastic investment for your future. Whether it be to buy land with a plan to lay down your own slab and build later or purchasing land as a long term investment, there are many careful considerations that can be made to help you decide on the right block of land to suit your personal circumstances. This guide touches on five major considerations that we think will help your decision process along its way.
The land that you are looking to buy – what area is it in? Is it an established area with a lot of land for sale? Do you have a family or are you planning one? The answer to this question can help shape what kind of public and private facilities you want to support your wellbeing and a happy lifestyle. For example, is there a local park close by that you can walk your dog in or play with your kids? Do you want a gym or swimming pool to do exercise in? Do you like working or reading in silence at your local library? An example is when you are buying land in Perth, amenities can vary from area to area. These are all thoughts to get your ideas for community amenities flowing and help you to think past that piece of land.
OK so you are ready to commit to buying a piece of land. Great. Now if you are building a home on it or using it as an investment vehicle for the future, you want to have land that is accessible by good roads, freeways or highways. Unless you love a long Sunday drive every time you drive to your land, you want a quick commute and ensuring the roads are connected and easy for you and others to get to and from your new land is vital. Further, will you be commuting to work on public transport to save on costs? Is there a train station close by? Does a bus come by the land?
When you buy land independently or if you buy as a parcel for house and land packages you want to have shops close by. With grocery stores and fashion outlets handy, it makes sense to buy within a reasonable distance to shops for your utmost convenience.
A consideration that is very underrated is the incline of the land. This can impact the engineering aspect of your house design. Is the land on a slope? What is the terrain like and will it cause flooding when the winter rain hits? You could get this checked out by a land surveyor to ensure peace of mind when you buy land in Wellard or whatever area you decide to choose.
Trees are great when it comes to summer as they provide excellent cover for the harsh sun rays. However come winter and autumn, are you prepared for their leaves dropping all over your property, in your gutters and across your lawn?
These are five tips to help you think about buying land – we hope you enjoyed them and if you want to look at land for sale in Wellard or house and land packages in Wellard please do get in contact with us so we can help best match your budget to the amazing range of options we have.