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buying land!

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Old Jan 25th 2010 | 11:48 am
  #1  
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Default buying land!

Can you guys please tell me whats the process of land buying and all the costs to be included also?

Might just buy some and sit on it for a while(not actually sit on it)
Many thanks

jase

Ps Dont want to buy into a suburb package,just a piece of land that one day we could either sell on or build!
Maybe mornington area or a area that could hold its value!
 
Old Jan 25th 2010 | 11:51 am
  #2  
ABCDiamond
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Default Re: buying land!

Make sure you are aware if you will be paying rates, even on vacant land, and you will need Public Liability insurance.

Check out land tax, I am not sure how that applies if it isn't a residential property.
 

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