Choosing the Right Block of North Brisbane Real Estate
5 Things To Think About
Ready to invest in North Brisbane Real Estate, or looking at land around the Sunshine Coast? Congratulations! Buying a block of land or any kind of real estate is an exciting and important milestone – and one that requires careful consideration and planning.
Here are 5 things to consider when you’re looking for the perfect block of land.
- Access; and
#1 | Location, Location, Location!
Property location is one of the most important factors when looking for North Brisbane Real Estate, and even in the surrounding areas. Ideally, your property should be within close or reasonable proximity to the people and places you associate with on a regular basis, including:
- Supermarkets, and your
- Friends & Family
It’s even worth considering the convenience of gyms, swimming pools, and other recreational spaces you plan to frequent as well as any public transport needs you may have.
#2 | Space
How much space will you need? This question applies to both the block of land and the house itself. Of course, the bigger the property, the bigger the maintenance, and although that may be exactly what you’re seeking, it’s definitely something to consider.
Questions to ask yourself about the space of your dream property
- Are you looking for a North Brisbane real estate option that can accommodate the needs of livestock and large pets, such as horses?
- Would your needs be satisfied by a lifestyle block with room for a kitchen garden?
- Is a standard residential block in suburbia more your style?
Too Much vs Too Little Space
Do you love to host visiting family and friends at your home? Or perhaps you need North Brisbane real estate that can accommodate your growing family? If the answer is yes – then a larger home could be just what you need. On the other hand, if you don’t need a lot of space – perhaps you’re retired or without children – think about finding a house that genuinely suits your physical needs. This will save you the money and stress of trying to maintaining a home that you just don’t fully use.
#3 | Lifestyle
Are you living your best life? Investing in the right property could help! Lifestyle is a big influence when it comes to exploring North Brisbane real estate options (or wherever you’re looking).
Questions to ask yourself about the lifestyle your new real estate purchase will allow for you
- Are you a city-slicker who thrives on active nightlife and weekend cafe brunches?
- Do you crave nature and the peace and quiet of the country lifestyle?
- Do you live for the ocean and your early morning surf sessions?
Ideally, your dream property would reflect who you are and the lifestyle you desire.
#4 | Access
Property access is very important – especially for rural Sunshine Coast or North Brisbane real estate. While city properties already have their access sorted, some rural properties face other access situations including how far the block of land is from the main road.
For example, on a rural/undeveloped block of land, you’ll need to look at whether there is an existing access road suitable for your vehicles. Access to the main road may otherwise require crossing through neighbouring properties requiring an easement – where you reach an official agreement with the neighbouring landowner to grant right of way access.
#5 | Budget
Knowing your budget is essential when it comes to making the right decision to suit your financial capabilities. Going over budget when buying a home can lead to hardship, stress and difficulties if you’re struggling to cover the costs of living on top of mortgage payments and other mandatory expenses.
The cost of property itself is just one of many expenses associated with owning North Brisbane real estate, or elsewhere for that matter.
Other real estate expenses to consider include:
- Mortgage Payments
- Stamp Duty
- Local Government rates
- Homeowners’ Insurance
- Maintenance & Repair
- Furnishings for the House
- Utilities (Power, Water, HVAC)
- Landscaping & Gardens
- Pest Control (i.e., Termite Inspections & Treatments)
Making Smart Decisions About Finance
Looking for smart finance options for North Brisbane real estate? House & Land Packages (HLP) Realty are pleased to offer experienced guidance and advice that helps empower you to make smart finance decisions that work for you.