Get Your Finance Sorted
– Ensure that you have your finance in place. This will ensure that you are considering Blocks of land that are in your price range. When organising finance, make sure you allow for all extra legal costs involved. E.g: Stamp Duty, Conveyancing etc.
Research, Research, Research
– Search all available information on the recent sales in the neighbourhood. This will help you obtain a clear view on how much the property is worth and will give you an idea on how much you are prepared to pay for it.
Construct A Practical Wish List
– Try to stick to Blocks that meet your price range and have positive qualities for you, whether it has special features, close to schools or parks or a friendly neighbourhood. This will help to assure a long term positive outlook on your purchase.
Drive The Area
– Check out local schools, transport, shopping centres. Visit the local councils web sites regarding any proposed re-developments, re-zoning etc in the area which may impact on the value of your property good or bad.
– Costs of site-works. You may be also liable for the fence costs. Also consider the South-westerly wind and Northern Sun.
Prepare Your Home
– If you intend to make an offer subject to selling your home, you must be ready to sell it. It should be in full presentablle condition.
NOTE: GENERAL RATE OF DUTY FOR VACANT LAND
For the purchase of Vacant Land the ‘General rate’ of duty is due. If a Building Contract is in place after settlement the Purchaser can get a refund of the difference between the ‘Residential rate’ and ‘General rate’.
This can be done up to 5 years after settlement. Your settlement agent may organise the refund from the Office of State Revenue on your behalf when you have a Building Contract.
As a ‘Guide only’ – a single house in an R20 zone may be designed with the following considerations (amongst others). Please consult the appropriate shire for confirmation.
– The total area of buildings may not be allowed to cover more than 50 percent of the lot area
– A minimum of three meters with an average of six meters from the front boundary to the dwelling
– Garages should be set back 4.5 meters from the primary street. This may be reduced if the garage adjoins a dwelling
You should consult the appropriate shire and check any restrictive covenants for the specific standards required.
As a guide, if the adjoining block is vacant you should be able to erect a fence without the neighbour’s permission, but not demand costs from them until their block has been built on.
You can then claim half the fence cost as estimated at the date of the claim. This should be paid within one month unless mutually agreed otherwise. If you subsequently sell your house this right to claim is lost and can not be passed on to the new owner.
As long as the fence meets regulations the neighbour should be liable to pay half. Any costs above the minimum standard such as building a ‘brick fence’ when a basic fence is required are not liable.
If the adjoining land has been built on you should negotiate and agree costs and style prior to erecting any fence.