Hi I have decided on a general area I would like to purchase. Now I am looking at the type of property, keeping in mind I do have budget restraints. I am fairly young so capital growth, owner occupier appeal etc are my main goals. I understand every strategy is different but does anyone have a general checklist? Ie 3 bedrooms single story 500m block 1km from shops 1km from other amenities such as beach or parks Nice street (hard to quantify) Established home but nothing major to be done in next 4/5 years Anything missing or I should consider? Appreciate you all Thanks
Transport Flight paths Schools Drop bear overlay Zoning Flood zone Sewer position thru block Worm holes & portals Main roads Nosey neighbours Storm paths
Thanks appreciate your feed back. Aware of transport, schools, flight paths, storms,flood zones and neighbours. Could you explain drop bear overlay and worm holes/portals haha? Also with being on main road that’s a negative? I understand zoning but how do I find that data? As well as sewer position? Why is that important? thanks in advance really appreciate it!
Drop Bears - critically endangered species. Worm holes - not always obvious but like drop bears, glacial worms are endangered, Gippsland worms may also cause structural issues. Zoning - council website/Local Environment Plan (this will also be on the contract of sale S149 certificate) Sewer diagram - also be on the contract of sale. A sewer through the middle of your block will affect what & where you could potentially build on the site.
