Conveyancing services are not just for buying and selling property, but also for land ownership transfers. If you’re considering buying a block of land, it can be helpful to have a conveyancer on your team to help you understand all of the variables.
As well as the obvious check of comparing the plan of the sub division attached to the contract and making sure they align, below are just a few of the things to be considered when purchasing a block of land.
Understand any issues affecting the use of the land. Does council zoning allow residential use if you want build a home and live there? A Section 149 certificate will help with this as it shows the zoning of the land and dictates what you can do with the land under the environmental planning for the area, so it’s important to be aware of how that area has been zoned. The certificate also highlights potential issues such as flood zones which could impact either your decision or your building plans, so having the information is crucial.
Find out if any services are available. Utilities such as power, water, sewerage etc are important, as is where they are located. It can be costly if these services are not included in your land purchase, or if the design of your building does not fit in with the location of them.
Any structure being built – from a house to a shed, needs development approval (DA). The local council will be able to assist with planning information so you can see if your plans for the land align with those of the town planners. As we mentioned in our last blog, easements can affect what you build and where on your land and covenants can affect the materials you use or how the land can be developed, so you need to be aware if any of these things affect your block of land before you decide on your purchase.
Taking a look at the land quality is an area that may not be considered but should be. The quality of the soil may affect the structures and foundations of a building and also drainage. Retaining walls or fill may also be required to cater for any future buildings and these costs should be factored in.
Following land quality inspections, an exploration of the surrounding area is important. A check for any existing plans or development applications for surrounding blocks will highlight if there is any impact on your plans for the land. In addition, if the land is located in an area that is bushfire prone building costs could be significantly higher.
These are just a few of the things to consider when buying a block of land. Having a conveyancer with experience in checking such things can be of enormous value as you make your purchasing decision. If you’d like to discuss your future land purchase, give us a call.