3 Things To Consider When Buying Land For Sale

Mar 02, 2022

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Buying vacant land for sale in Nelson Bay is often the best way to get the dream home that you have always wanted.

Instead of trying to renovate or change an existing property, you have a clean slate to build a home that will perfectly suit your exact requirements.

But before you fall in love with the perfect block of land, there are some important considerations to factor in to help you decide if this is the best choice for you.

Find out what we think are the 3 things you should consider before making an offer on a block of land for sale in Nelson Bay.

 

Understand the zoning restrictions

Knowing the council zoning of the land you are looking to purchase is essential.

You need to be assured that the land is zoned in alignment with the construction build you have in mind.

There may be restrictions in place that prevent you from subdividing, constructing multi-story homes or complexes, or even restrictions that prevent you from building a home at all.

It is also important to understand the zoning restrictions for the surrounding area and not just the land you are looking to purchase.

Just because the land you are purchasing may be zoned for residential use, that doesn't mean that neighbouring blocks of land will be.

For example, if you are looking for land to purchase for a quiet family home, you don't want a busy commercial or industrial complex built next door.

If you are purchasing land because of the views of nearby green spaces or waterways, you want to be assured that a five-storey unit complex is not going to be built near your property that will completely obstruct that view.

 

Exposure to the elements

If a block of land seems too good to be true, there are usually reasons for that. It is important to check whether the land sits in a region that regularly floods or is at a high fire risk.

You can get this information from the council and also the state government. There are also experts that can assess the land for any of your concerns and come back to you with a professional opinion on whether you should proceed with the purchase.

Not only is exposure to extreme weather events a hazard to your home and the safety of your family, but it will also mean your insurance premiums may be higher than average.

In some cases, you may not be able to secure insurance at all.

 

The quality of the land itself

There are many factors to consider here. If the land quality is poor, it is going to be difficult and more expensive to excavate and install the foundations for your new home.

The quality of the soil and its composition play key roles in your decision, as hard, rocky soil is going to make every aspect of construction and landscaping more challenging.

The grade of the land needs to be considered too. If it is on a slant or is uneven, there is going to be extra work required to level it or design a home specifically for a slant or on the side of a hill.

Consider the orientation of the land as well. Ideally, you want to purchase land where your home will be able to be constructed facing north.

This way, you can maximise the available sunlight without having spaces in your home that are too hot and bright in the morning or afternoon.

Are you ready to start your search for land for sale in Nelson Bay and the surrounding region?

Our agents are local experts and can assist you with available land and property for sale in Nelson Bay, Tomaree Peninsula, Tilligerry & Tanilba Bay . You can contact us and our professional and expert real estate agents in Nelson Bay on 02 4981 2655 to discuss available and upcoming property today.