Top Tips When Buying for a Land For Sale in Keysborough

If you're considering investing in land for sale in Keysborough, the following article provides useful information and practical advice to help you make the right decision for your family and your financial future.

For many people, owning land is a lifelong dream. Buying land and building your own home is a special opportunity to carve out your corner of the world but, like any big decision, it has potential pitfalls. So it is important to carefully consider the benefits and drawbacks before embarking on such a major project.

What kind of land is available Keysborough?

The first step when buying land and building your own home, is to research the land available for purchase in your preferred area. There are three different types of land for sale, which include:

  • Land owned by a property developer available for purchase, often as part of a house and land package.
  • Land owned in private allotments throughout the area.
  • Land available by purchasing an existing home and clearing the block.

Each of these land options has its own set of challenges and opportunities and it is worth spending some time thinking about whatís important to you in order to make the best decision for your specific needs. Here are some broad questions you might like to consider:

  • What is my budget? Can I afford to build straight away?
  • How close do I need to be to work, schools, shops and other services? How do I want to travel, eg driving, walking, cycling, public transport?
  • Do I want to help in designing and building my home or do I want responsibility for all of the decisions?

How you answer these questions will help you decide the type of land you should purchase. For example, in Keysborough there are very few private blocks of land available and it may be difficult to find a vacant block ideally located for your needs. Also, you may not want to take on the mammoth task of getting permits, finding a builder, approving designs, testing soil, managing contractors, and so on, so buying land in an established estate might be a better option for you.

What to look for when buying land in Keysborough

Keysborough is an exciting area to build a new home, with close access to major shopping centres, quality schools, natural parks and even Port Phillip Bay is just a short drive away. To ensure you make the most out of all of these opportunities, it is beneficial to compile a list of your specific requirements to help identify what aspects of your new land and future home are most important.

The Neighbourhood

Spend some time walking and driving around your future neighbourhood to get a sense of whether the area is the right fit for you and your family. While it is important to be close to schools, shops, parks and other amenities, appreciating the environment around you can have a significant impact on how much you enjoy your new home.

Site Specifications

The size and specifications of land can vary considerably and it saves time to have some idea about what youíre looking for. Consider how big your house will be, whether or not you wish to have a garden, where you want your home positioned on the block and which direction you ideally would like your home to face. All of these considerations will impact the size and specifications of the block you are looking for. Also be aware of the soil type, gradient and drainage of blocks you are considering for purchase, as this can impact construction and landscaping.

Building and Design Regulations

If choosing to buy land in a new or established property estate, ask for a copy of the design guidelines and read through them very carefully. Each estate is different, with varying degrees of flexibility in regards to house and landscape design, so be sure to choose a neighbourhood that offers you the opportunity to build a home that suits your individual style and aesthetic.

Donít forget about quality! Investing in good quality workmanship and materials means your home is more likely to stand the test of time. Builders can vary in regards to the quality of workmanship and materials provided and generally a better quality result is likely to cost more.

Investment Potential

The importance of a high return on investment varies from one family to another. For many buying land and building a home is about achieving their own personal dream and, while they are hoping to make a smart investment, it is not their primary concern. However, for people seeking to maximise their investment, the short term and long term value of the land, building costs and other sale-related costs should be carefully considered before purchase.

As with any major decision, choosing to buy land and finding the right block requires careful consideration to ensure you make the best possible decision for you and your family, for now and the future. But, if youíre looking for land for sale in Keysborough, it is a very exciting opportunity to create your ideal home in an idyllic environment.