Buying a block of land is an exciting time, but it can be a confusing one as well. That’s why we’re breaking it down for you with this blog that covers what you need to know before you buy a block of land in Perth.
From planning laws and block orientation to unexpected costs to plan for, here are the key things our custom home builders in Perth think you should know before you sign on the dotted line for your dream block.
Local Planning Zones & Laws
When you find a block of land that looks perfect for your family needs, the first thing you need to do is check what council the land falls under.
This will determine what planning laws you’re restricted by and what you’ll be able to find out from the council what zoning is applied to the block.
Zoning is extremely important, especially if you’re considering subdividing, either now or in the future, or building multiple properties on the block, for example, if you’re hoping to add a granny flat for your parents.
Knowing what you’re allowed to do with the land before you buy the block is essential because you don’t want to buy something that isn’t going to fit with the home and design you have planned.
What Design Would Suit Your Block?
If you’re thinking about building a custom home in Perth, you’ve probably got some design ideas in mind already.
You might know if you want a single or double-storey home, how many bedrooms and bathrooms you need and what sort of living and shared areas are essential for your family.
Think about how much space you need and make sure your chosen block can accommodate all of your requirements without too much compromise (because when you build a new home, there’s always got to be a little room to compromise).
What Will Siteworks Cost?
Siteworks is often a cost that is overlooked. Remember to find out what siteworks will be needed for your block.
Are there already utilities connected to the land or will you have to install gas, electricity and water connections?
Are soil tests and land assessments required before you can start building?
Does the block need to be levelled or filled? Does it need a retaining wall built?
Look at what will be needed to get your block ready to build on and make sure these costs are factored into your overall new home build.
New home builds can have unexpected costs. Whether it’s because you’ve changed your mind on your design or finish, or something unforeseen has cropped up and the build is delayed or the design has to be amended, variations aren’t uncommon.
Make sure you add a contingency to your overall land purchase and house build budget to allow for any unexpected changes to the build.
Something new builders can overlook when it comes to purchasing land is the bank fees associated with purchasing your land.
There could be bank charges, loan establishment fees (if you’re financing your purchase with a loan) plus payments while you build your home.
Make sure you know exactly what a loan for a land purchase will cost you before you decide to buy.
For more helpful information, here’s a handy guide to buying vacant land from the WA Department of Commerce.
If you’re ready to find your dream block of land and build a custom-designed home anywhere in Perth, get in touch with our team of luxury builders in Perth at JFK Construction today.
Call 08 9355 1788 or get in touch online now.