When you set out to buy a vacant plot for building your dream home, the first hurdle you face is regarding the location of the land and the next hurdle is the price. If the land is ideally situated, you will have to pay higher price and if you look for a land at lower price, then you may find the land is not favorably located. Therefore, your hunt for cheap lands for sale is dependent on how efficiently you balance between these two, namely location and price. In fact, in Australia the demand for vacant lands is such that one of the developers has put up about 140 hectares of land in Cape Jafa Anchorage for sale at AUD 21 million!
Interestingly, one of the largest private land measuring about 8800 square miles is up for sale at an estimated price of about AUD 325 million. Further, recently the government of Australia has reduced the rate of interest on loans. This in turn has fuelled further demand for lands in the already active real estate market. All these highlight the fact that given the present market condition, finding suitable cheap lands for sale is a challenging task.
Housing Industry Association:
The Housing Industry Association (HIA) has estimated that during the last quarter of the previous year, the average lot price increased by about 3.3% and this trend is likely to continue during the current fiscal year as well. Given this scenario, if you want to hunt for cheap lands for sale in Australia, the only remedy would be to look for reliable firms that deal in real estate. Visit at Eden Brae Homes
Lands at popular locations:
The firms that deal in real estate normally buy lands in bulk from the government. The lands are further divided into individual residential plots of various dimensions and sizes and such lands put up for sale. In fact, you can find such lands in popular locations like the Elara Marsden Park and in various such other places.
Unique package deal:
But per se such lands may have a higher price tag. But, there are ways to reduce the cost. Normally, the firms offer the lands under the exclusive home and land packages. Under this package you will buy the land from the firm that deals in real estate and in turn hand over the construction of your dream home to the same firm.
This home and land is a turnkey package and has several advantages. In the first place the land will have a reasonable price tag. Further, the agency will provide you with several customized house plans. In fact, the plans are further customized to meet your budget. On the top of these you will have the advantage of getting the services of architects and the civil engineers under one roof. Further, the design of the house is customized depending on your budget. Naturally, all these will help you to save a considerable amount of money.
Therefore, even in this era of spiraling real estate market, there are ways to save a considerable amount of money. You can bargain with the real estate firm and save money on the cost of vacant land. Further, you also save money by appropriately customizing the construction cost of the house.
Meticulous planning and extensive discussion with popular real estate firms like the http://www.edenbraehomes.com.au/house-and-land/ will help you to save a considerable amount of money. This helps you to construct your dream home at an affordable price.