One major benefit of building a new home, is that you have the flexibility to choose your location. There are a number of considerations to think about when choosing the size and location of your block to ensure you can build the home of your dreams.
How much should I budget for the land? It’s important to not forget that you not only have to buy the land, but also build a house. Your bank or mortgage advisor will be able to tell you your borrowing capacity, from there you can work out how much you can spend on land and what budget you have to build your home.
Find a location that works for your lifestyle. Once you have an idea of your budget, you can search on websites such as realestate.com.au or domain.com.au to see what land options are available within or nearby to your preferred location.
Is the land build ready on? It’s important to understand the size, shape and slope of a block prior to purchase as these factors can affect the type of house you can build on the site. Find out if there’s any easements over your block. Mains services are the most common easement, and this may restrict your build area to the point that you can’t get the size of home on the block that you want.
What’s your block’s orientation? Home orientation is an important thing to think about because it will affect how much natural light comes into your home, which will affect your home’s energy rating and heating and cooling bills.
Find out what’s happening in the area. Get to know the location and any future changes that may impact your lifestyle. Think about road changes, nearby developments, road and facilities infrastructure. These things may impact your enjoyment or the value of your home in the future.
We’re here to help! Not sure about whether a block is right for you or what kind of house you can build? Our experienced consultants can give you a guide on whether a block is suitable for your build and what type of house would suit the block. Also, check out our house and land packages available now.
To find out more, contact us or call 3393-1399 today!