All Topics / Help Needed! / Just bought a block of land…

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  • Profile photo of RealEstateQueenRealEstateQueen
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    @realestatequeen
    Join Date: 2005
    Post Count: 69

    Hi Y’all!

    Just about to sign an offer on a contract for a block of land, and having no experience whatsoever in buying land, is there anything i should be looking out for?
    I guess i need soil tests, but im not sure what these will even tell me, is there anything i should know before i do this?

    Thanks in advance!
    [biggrin]

    Profile photo of Stuart MilneStuart Milne
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    @stuart-milne
    Join Date: 2006
    Post Count: 196

    The usual subject to: Building & Pest inspection as well as finance.

    Generally a good option to always remain covered…

    Stuart Milne
    Non-Conforming Specialist
    READY Mortgages
    http://www.readymortgages.com.au
    [email protected]
    Mob: 0404 056 055

    Profile photo of SandstoneSandstone
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    @sandstone
    Join Date: 2006
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    A soil test will tell you the type of concreate slab you will need to be able to build on it.

    This will affect costs. For example, from what I know so far, a class M soil is the best type in that it requires the basic and cheapest slab. The sandier the soil and the more chance of movement in the soil means that there will need more reinforcement in the slab and hence more concreate and more costs.

    The type of soil alone could add $3,000 to $10,000 to the slab costs.

    Also, the slope of the land will make a difference. Again if you choose to build on a concreate slab you may need to cut out some of the soil to make it level or introduce soil to raise a part of the block. This could add more. A reasonably flat block may only require about $1000 to $1500 in cutting and leveling of the land
    but a really steap slope might cost you another $8,000 I’m guessing.

    A builder on this site may be able to clarify

    Profile photo of lyndon_glyndon_g
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    @lyndon_g
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    Class M sites are actually quite expensive. Class A is is the most standard/basic concrete footing detail, and the cheapest.

    what area is the block in ?

    if it is prone to flooding then it will need some costly earthworks.

    regards

    Lyndon

    Profile photo of RealEstateQueenRealEstateQueen
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    @realestatequeen
    Join Date: 2005
    Post Count: 69

    Thanks for all that so far! That helps, im not stumbling in the dark any more, i have glasses now!

    it is located in a coastal town, and it is way up on a hill, so flooding is definately not a concern, but im worried that maybe it might be too sandy?
    But people have been building here for years, there are not too many original homes in this town left! So it should be alright…

    Profile photo of lyndon_glyndon_g
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    @lyndon_g
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    Post Count: 58

    if it is near the coast i would say there is a high chance of limestone…which will add a few thousand as you need to build up the sand pad before construction in the event of limestone.

    things such as this shouldnt deter you from buying if you like the location etc. there is always going to be minor speedhumps when it comes to building…just make sure you find a builder who will look after you!

    im run a building company (in WA) so please feel free to ask any question u want!

    regards

    Lyndon

    Profile photo of DazzlingDazzling
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    @dazzling
    Join Date: 2005
    Post Count: 1,150

    I’m in the same boat as you audrey.

    Never bought a vacant block of land but just about to take the plunge.

    We are looking at 120 acres at the moment some 25km from the Perth CBD.

    We have no intention of building anything on it in the short term…..but plan on digging it out and selling the sand (a big sand hill would be perfect) and then apply to council to fill it full of rubbish once the hill has been converted into a dirty great hole.

    Soil tests aren’t too important to us, as there won’t be any when we have finished….but it’s fun to look.

    Having a council onside is more our important criteria.

    lyndon_g, great to have you on board. We are currently just starting a reno on the PPoR and just finished pouring the footings for the building. 7 cubic metres and 17 tonnes of concrete at 25 MPa. Didn’t go far in the footing but was a good job and should form a good basis for the house. That penetrometer they use to check the footings compaction is very dodgy in my opinion. 6 blows with a 9kg weight for the first foot (I think the OD of the metal probe was 3/4″ inch) and then a further 6 blows for the second foot.

    Looking at the “engineer”…..he wasn’t but called himself such, it all looked a bit agricultural, but if subsidence occurs they all fall back to the certificate he scribbles on in the dust. It didn’t seem right to me…..but was told “she’s right mate – everyone does it”…..hmmmm. Being a senior engineer myself, I could see flaws everywhere. On further discussions, I was told if cracks do appear later on in the building and settling process, the building company doesn’t actually refer to it as a “crack”, until the assessor can fit his entire hand through the crack…..[blink]….until then it’s officially just a hairline anomoly….and “nothing to do with me mate”….[angry2]

    Profile photo of RealEstateQueenRealEstateQueen
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    @realestatequeen
    Join Date: 2005
    Post Count: 69

    thanks lyndon, i may just take you up on that offer sometimes!
    and im a certified non practising real estate agent, so if you need any advice when it comes to dealing with them, or with laws, ask me anytime!

    And good luck with the council, dazzling!

    Profile photo of Rookie DeveloperRookie Developer
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    @rookie-developer
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    bloody frightening!!!!!!!!!!!!!!!![grrr]

    TroynBec

    You can have more than you’ve got because you can become more than you are

    [email protected]

    Profile photo of mccozmccoz
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    @mccoz
    Join Date: 2005
    Post Count: 67

    hi, i’ve just bought a block of land 1170 sqm, in the inner SE suburbs of melbourne. At this stage, will be building 3x3bed on the block . This will also be my first development project.

    Things I needed to consider before signing the contract:
    – trees. Two great cedar trees on the property which were potentiall a problem. Hired an arborist in conjunction with the building designer to confirm whether or not, they would impede development. opinion was that we would get away with knocking down if we conceded the other. Worked out ok.
    – easement. You can’t build on top of a registered easment. There was one running on the back of the land that wasn’t a problem. However, the vendor statement showed another easement that was running accross the block two thirds of the way. On investigation, It was classed as “unregistered”, recommendation being that I would be able to build a garage over it, but not the house building itself. The building designer reviewed it, and yes, it would could still implement plans that were profitable. (However, it did stop me from building 4 units which was on my original plan).
    -look around the block. Has there been precedent set for what you want to do? That was important in my area where monash council are incredriby strict on planning guidelines. (I looked on a website somewhere recently to find they had the highest rejection rates for council approvals.)

    I know that some building designers/town planners offer a site valuation service, that you could employ to assess the site to ensure that it would be suitable for your development needs. This would generally also include the soil tests that you talked about. There is a charge, but they are generally incorporated into your main costs should you go ahead with the deal. You could always purchase subject to one of these clauses. At the minimum, get an experienced building designer on board to review the drawings on the vendor statement and get his opinion on whether you can build to meet your needs.

    I am meeting again with my designer to look at 1st drafts of plans this afternoon, and am very excited. in the meantime, I am on the look out for a mentor to help me over the nitty gritty bits of development, as no matter how much I research, 1st hand experience is priceless.

    Good luck

    Mee Chee

    Profile photo of mccozmccoz
    Participant
    @mccoz
    Join Date: 2005
    Post Count: 67

    Hi audrey123,

    A couple of weeks ago, I purchased a block of land 1170 sqm, in the inner SE suburbs of melbourne, with a 6 month settlement. At this stage, will be building 3x3bed on the block . This will also be my first development project.

    Things I needed to consider before signing the contract that was specific to the land:
    – trees. Two great cedar trees on the property which were potentiall a problem. Hired an arborist in conjunction with the building designer to confirm whether or not, they would impede development. opinion was that we would get away with knocking down if we conceded the other. Worked out ok.
    – easement. You can’t build on top of a registered easment. There was one running on the back of the land that wasn’t a problem. However, the vendor statement showed another easement that was running accross the block two thirds of the way. On investigation, It was classed as “unregistered”, recommendation being that I would be able to build a garage over it, but not the house building itself. The building designer reviewed it, and yes, it would could still implement plans that were profitable. (However, it did stop me from building 4 units which was on my original plan).
    -look around the block. Has there been precedent set for what you want to do? That was important in my area where monash council are incredriby strict on planning guidelines. (I looked on a website somewhere recently to find they had the highest rejection rates for council approvals.)

    I know that some building designers/town planners offer a site valuation service, that you could employ to assess the site to ensure that it would be suitable for your development needs. This would generally also include the soil tests that you talked about. There is a charge, but they are generally incorporated into your main costs should you go ahead with the deal. You could always purchase subject to one of these clauses. At the minimum, get an experienced building designer on board to review the drawings on the vendor statement and get his opinion on whether you can build to meet your needs.

    I am meeting again with my designer to look at 1st drafts of plans this afternoon, and am very excited. in the meantime, I am on the look out for a mentor to help me over the nitty gritty bits of development, as no matter how much I research, 1st hand experience is priceless.

    Good luck

    Mee Chee

    Profile photo of fernfurnfernfurn
    Member
    @fernfurn
    Join Date: 2005
    Post Count: 139

    I would be checking with council to see whats planned for the area, rerouting of any roads, new kindy being built across street etc.
    Class P slabs are for “Problem” heavy clay etc.
    Check what fall on the block. One I bought looked level but actually had a 1200mm drop to back corner. Just takes more concrete for level slab towards back that all. That tree, look where roots could be for putting down telecom, gas & water etc. as its a lot easier to stump munch them when nothing else is built. If you have to try & get stump muncher in between fences & slab, or paths etc. it is a nightmare. been there done that.

    Fern

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