Checking Land for Sale in QLD: Why Location Matters When Buying Land

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When purchasing residential land for sale in Queensland, one of the most important decisions you need to make is where you want to live. The location you choose will determine the future value of your property and many aspects of your everyday life. Real estate agents advise investors to build their homes in great neighbourhoods to get great returns on investments. If the block purchased is sketchy, the property owner could have a difficult time reselling at a decent price.

 

Convenience

You want to build your home where there is zero or very low crime rate. There are many facts and crime statistics readily available online, and you can also get this data from the local police. A safe environment will allow you to freely walk around and interact with the neighbours without worrying about your or your family’s safety. Understand that a neighbourhood can feel comfortable during the day but disconcerting at night. So you should also visit the area at different times to get an accurate picture of its character. You may also want to check how well lit the location is at night since such details are hardly noticeable during the day. Read more from this blog: http://bit.ly/2oF53Xa

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Elements Influencing Land Sales and the Suitability of Land Location

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Brisbane is one of Australia’s hottest property markets with numerous opportunities for developers, builders, and potential homeowners. The available lands for potential buyers cater to a myriad of budgetary needs, however, cost is not the only element that should drive your choice of land. Location is just as important but don’t focus only on the basics such as accessibility. Buying land is slightly different from a completed home, therefore some of the location factors vary. So, how can you tell which of the lands for sale are ideal for your needs?

 

Local Market Demand

This element applies to land meant for commercial development or rental buildings. Before buying raw land to put up your 10-story office building, conduct research on the market demands of that particular location. What type of tenants usually rent in that area? How much do they typically pay in rent? Who is likely to live in such areas? For instance, if the land for sale is close to the CBD, then you can be confident that building an office park or shopping centre is a lucrative venture. If you are constructing residential homes in a suburb, then expect to deal with the middle-class population. Read more from this blog: http://bit.ly/2oFjhax