Open for inspection: Considerations when buying rural property

26-Sep-2016 13:24:00

We recently covered some tips to keep in mind when inspecting a house, but rural property can have some unique considerations too. 

 

shutterstock_387027910.jpg

 

When looking at a house outside of urban areas, the same considerations apply -- and a check from the appropriate legal, building and financial advisor is always recommended too. However, rural homes may require some additional thought on several issues.

 

 

shutterstock_304840469.jpgThings to consider

 

  • Road access -- Is the road well drained? In high rainfall areas, consider if it will stand up to heavy rain. In more remote areas you may find roads are unsealed or poorly maintained.

     
    On the flip side, well maintained major roads will mean increased highway traffic, which may be dangerous for driving or children outdoors. It may also lead to rapid residential growth.

 

 

  • Are there any development applications current for the nearby area? Your quiet piece of paradise may look very different if there is further residential or commercial development. Ensure you understand the implications of zoning – this can affect building, renovations, landscaping and fencing, among other things. Be aware you understand the implications of living in an agricultural area – the standards for acceptable noise or smells may be different than in urban zones. Zoning regulations vary from state to state, but local councils are usually the best source to confirm any questions.

  • Is the property close to facilities such as education or medical services?

  • For agricultural commercial operations, consider access to markets, grain receivals and service centres.

  • Is there power and services connected or available at the property? These can be significant costs if not already existing or available.

  • Is there suitable drainage during periods of heavy rains? If your potential new home is located in a flood zone, check historical flood and water data. Similarly, in dry areas ensure you are mindful of bushfire prevention measures and risks.

It’s important to remember that none of these things always have to be immediate deal breakers on a property you’re interested in. It’s about arming yourself with as much information as possible so you can make an informed decision and end up with a property you are happy with, for an amount you feel is reasonable.

 

Once you have made your first visit and if you decide you wish to proceed in making an offer, seek good legal, building and financial advice from the experts.

 

 

 


Topics: Rural & Lifestyle Properties, Buying, Landmark Harcourts, Regional, Buy a Home, Agricultural