Finance
12-10-2018

5 Things To Consider When Purchasing A Block Of Land

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More than just a patch of dirt, the block of land you choose to build on can ultimately affect the look, feel and cost of your dream home.

More than just a patch of dirt, the block of land you choose to build on can ultimately affect the look, feel and cost of your dream home. While the plot may be big enough for the type of house that you want, size is not the only thing you will need to consider. Here are five questions you should be asking.

1. What’s the size and location of the block?

Blocks are generally classed as small, medium and large, with corresponding widths of <10m, 12.5m and 15m and depths of <25m, 28m and 30m respectively. If you already have a floor plan in mind, check that it comfortably fits within the confines of the space, keeping in mind the side boundary setback. It’s also important to examine where the block is situated. For example, does it matter to you if it’s on a corner or close to a busy road? Have a look at the neighbourhood too. Proximity to local amenities, as well as public transport, schools, parks and playgrounds can be a major drawcard. Orientation is also important, as the position of the block will affect the amount of sunlight and passive solar heating your future home receives.

2. Is the block registered or unregistered?

Construction on registered land can commence as soon as your builder is ready, so if you’re looking to move in as soon as possible, purchasing registered land will most likely get you there quicker. On the other hand, whilst it can take months for the registration process to go through, buying unregistered land does give you more time for planning your home design.

3. Is there any fall on the block?

Blocks of land can be classified as steep, medium or flat. Generally, purchasing flat land is best because it means site costs are kept to a minimum. Conversely, blocks with a steep fall may require considerable outlay to allow for any drainage issues and to cover the building of retaining walls if needed.

4. Does the block have any easements?

The definition of an easement is ‘the right to cross or otherwise use a portion of someone else’s land’. Easements are typically put in place for clear access to sewers, drainage, electrical and other services, and can also exist to give neighbours road access to their property

5. Are there council restrictions in place?

Under Section 88B of the Conveyancing Act 1919, councils can impose covenants and restrictions that may require you to undertake works on the land for the benefit of the council. FFor example, you may be required to maintain landscaping or perhaps the council's guidelines may restrict the choice of styles and exterior colours of homes allowed in your particular suburb.

There are many things to consider as you build a new home. Luckily, the team at Eden Brae can offer you expert advice, as well as organise a preliminary siting assessment to ensure you choose the ideal block for your new home. Moreover, feel free to send us an inquiry and take a look at our different house and land packages.