News items tagged: house and land

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Do you know enough about your block of land?

Buying a new block of land can come with many hidden and unaccounted costs, two of the most common examples being soil tests and contour surveys.

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City Life vs Country Life

Melbourne recently got named the world’s most liveable city for the sixth year running after scoring top marks in healthcare, infrastructure and education. However country living is becoming increasingly popular especially among young families, lets look at why:

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8 Advantages of Building a New Home

It’s brand new and you’re the first person to enjoy it Create the very first memories in your brand new home.  Soak in the bath that has never been used, walk in bare feet on carpet that has never been stepped on.   Customisation Choose the perfect block of land and the perfect home for you.  Create a floor plan that suits you.  Personalise your home with your own colors, finishes and features.  You don’t need to compromise with a house that was built for someone else.   Going Green Look after the environment and save on your energy bills.  A new house gives you the opportunity to install the latest energy efficient appliances.   Protect Your Family No hazardous materials, such as […]

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Jargon Busting Terms All First Home Buyers Should Know

Agreement This is the written contract for the sale and purchase of the property between the vendor (seller) and the purchaser (buyer). Deposit Part of the price (usually 10%) paid by the buyer when the agreement is signed or on confirmation. Equity This is the amount of the property that the purchaser actually owns – rather than owes. Freehold This form of title means that you own the land and the buildings on the property, with few restrictions. Mortgage A mortgage is a type of loan. Mortgages are used to make large real estate purchases without paying the entire value of the home and land up front. Over a period of many years you repay the loan, plus interest, until you eventually own […]

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First homes explained: this is Steph’s story

Meet Steph, LandGipps’ First Homes Blogger. An energetic and bubbly 23-year-old, most people wouldn’t consider her a first home buyer – but there’s no such thing as too young to learn about how the property market works in making an informed first home decision.

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Gippsland benefiting from rising capital city property costs

Latrobe City and Baw Baw are experiencing strong price growth on the back of buyers being priced out of the expensive capital city markets. New research from CoreLogic RP Data has revealed a lift in transaction levels and median values in some of Gippsland’s towns along the M1. With good access to employment up and down the inner and outer south east corridor, people are increasingly seeing the value in moving out further, finding more pace, a better and more affordable lifestyle. LandGipps Director David Sowerby said, “We are now finding that traditional growth corridor towns such as Pakenham, Cranbourne, Berwick and Narre Warren are pushing over the $600,000 mark for an average 4 bed house land package on an allotment over […]

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