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Build Your Dream Home In The Land Of Possums
Total Articles: 19
Building a house in Wollert, where possums abound, is a wise decision. The beautiful town north of the City of Whittlesea is only 28km from Melbourne’s business district. With the Wollert Precinct Structure Plan (PSP) guiding the future development of the area, there couldn’t be a better time to set up your home. House and land in Wollert is still affordable as compared with many other congested urban areas. Then again, you can expect a prime spot near the Great Dividing Range to the north.
Great potential for a high ROI
The PSP is set to cover over 950 hectares of land to be developed into residential areas, parks, schools, town centres. An additional 215 hectares has been allotted for corporate offices and factories, which will generate more employment. Once the plan is realised the cost of property is likely to rise significantly, which makes now the ideal time to make an investment. Only 20km way is Annadale Estate in Mickleham another paradise of sorts, where nature blends with thoughtful development. This is also an ideal place to build your new home in a location full of diversity, prosperity and opportunities. Located close to the future Mickleham Town Centre, there are plans for two parks, a school, playground and other facilities. With a number of schools, shopping centres and recreation facilities have already been established nearby, you have every reason to build your dream home right here at Annadale Estate in Mickleham.
What you need to know about house and land packages
In the meantime, there are a few essential things you need to know about house and land wollert. Some investors are of the opinion that it is not possible to receive a good return on this type of property. However, that is far from the truth. It is all about finding the right package and the right location for a potentially good return on your investment.
How house and land packages work
In most cases the land owner is either an individual or a developer who teams up with a builder to create what is known as a two part contract, which means there are a number of individuals involved in the transaction. Loans are available on a house and land package, which can be a pretty straightforward process. The construction loan comes into effect after a draw down on the land purchase, which is the most common ways of financing this type of package approved by most banks and lenders. As the building commences, which is usually a 3 to 6 stage process, you draw down on the loan when funds are needed for the project.
Make money on a house and land package
The key to making a good return on a house and land package is to buy the land well and build a property at a less expensive rate that a major developer in the area offers for new house and land packages.
Jayden Smith is an expert author and has written so many articles on www.berstanhomes.com.au. Now he is working on < eucalypt estate wollert and house and land craigieburn
For more info visit on: http://www.berstanhomes.com.au/
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