Previously, land that used to be agricultural was traditionally divided into allotments or 'lots'. But, in today’s times, when you see a property with the address (Lot 1, for example), you are looking at an allotment. 'Lots' is a term widely used by building designers to describe rural land and residential areas.
Before buying a residential building allotment, there are a few things that need your consideration before paying the deposit. Here are the top seven factors.
Allotment size
Allotments come in a range of shapes and sizes. There are corner blocks, battle-axe blocks, low-lying blocks, rocky blocks, tree-filled blocks, etc. Each type of block poses its own set of obstacles when it comes to creating your dream project.
Look over its size and contemplate whether it’s enough to cater for your needs. Remember, if you wish to build a single-storey, then you can use 60% of the lot for it. Besides this, check the width of the allotment on the basis of the façade and the style of home you’re longing to build.Land contour
Consider your intended residential building design while assessing the size and shape of your block. Many people prefer a flat, rectangular block, but don't be so quick to dismiss other options; blocks of various shapes or gradients also have advantages.
When considering the block size, form and features, think how they may affect residential building design and building expenses, for example:- It will be more expensive to develop on a steep parcel of land that has not been preserved. If the block is located below street level, water drainage could potentially be a concern.
- Tree removal can be costly, and in some cases, it is illegal. In this instance, it is critical to undertake additional studies.
- Home insurance plans are affected by fire and flood risks. You can talk to your local council about whether or not your block is in danger.
Orientation
The block's orientation is also a significant consideration. Your personal and cultural preferences will influence your decision, but a north-facing building is a preferred orientation in Australia. It makes the home more energy-efficient.
If your property faces north, you have the option of making your home more ecologically friendly while also getting additional natural light. Your energy expenditures will be significantly lowered, and by strategically placing rooms and windows, you can save even more money in the long run.Soil testing
Once you've found your dream piece of property, hiring a trained engineer to do a soil test (if one hasn't already been done on the property) is a great investment. When placing an offer on the block, it's a good idea to include the phrase "subject to a satisfactory soil report."
The soil might vary substantially depending on where your land is located, owing to climate and other environmental considerations. The strength, reactivity, stability and quality of soils vary. The real condition of the soil will decide how sturdy or deep your home's foundations must be. This would eliminate surprise site costs.Easements
Easements are typically reserved for sewerage and drainage, although you may encounter easements that hold gas or power; these are less common. Always keep an eye out for easements, as you can't build on top of them. With specific approval, you may be able to construct garages on top of them in some circumstances (this needs to be applied for).
Also, keep in mind that you'll pay more for foundations when building near easements or over easements with a garage. The bigger the cost of your foundation is based on the distance from the services, the higher will a draftsman charge according to the services in the easement. As a result, always be aware of easements and make sure they are acceptable with your proposal.Drainage
Inspections of your property's plumbing and drainage are crucial. Poor drainage can lead to a slew of structural issues. Unattended drainage problems might result in water ponding and moisture retention. If water is kept on your allotment's grounds, it will create groundswell and foundation movement over time.
You can avoid such problems and minimise damage caused by stored moisture by draining away rainwater correctly.Trees and structures
Trees on your allotment might be a beautiful addition to your home, but they can also be a pain. Hazards could include nearby trees that need to be removed or pruned. Overhanging tree branches can wreak havoc on your home. Similarly, tree roots can cause various problems for you and your neighbours, such as wall cracking and drainage clogs.
As a property owner, you could be concerned about nuisance trees. You may desire to cut down trees, but you may not be aware of the applicable legislation.
Remember, buying a block should be a fun experience. And you'll be able to reap the advantages if you choose the correct piece of land for your home and budget by keeping in mind the above tips.
When buying a parcel of property to build on, you'll save thousands of dollars on stamp duty because it's only charged on the land. However, when you buy an existing home, though, you must pay stamp duty on both the property and the land value.
You can also read, When Should You Consider Building a Dual Occupancy?
