How to Find Homesteading Land
Australia is a huge country, in fact, it’s the 6th largest country in the world with a population of just over 23 million. You would think that it would be easy to find a piece of homesteading land.
Unfortunately, most people live near the coast, forcing the price of land and property up in these areas. It’s likely to be difficult and expensive to purchase homesteading land in the coastal areas.
Of course, much of the inland areas of Australia are simply desert. This makes the price of land much cheaper but the actual land is far less desirable.
On the positive side, the government is getting ready to build the infrastructure that will allow and encourage more people to live inland. In short, if you choose a piece of homesteading land inland but not too far from the cities there is a good chance it will become part of the city in the future.
That makes it a great investment opportunity, purchasing and, building structures, and selling in a few years for a significant profit. But, that doesn’t help anyone looking for a homestead. After all, you don’t want to spend 5 years creating your own slice of heaven only to find you’ve become part of a housing estate.
The Free Option
Having realized that you don’t want to be too close to the big cities your attention should turn to the smaller towns and villages. This is a great place to find the perfect homesteading land, you can even get land for free!
These places are desperate to attract extra people and boost the number of people living in their small towns. Of course, the land you’ll be offered isn’t the largest but it is free and a great starting point.
You can always look to purchase extra land in the future and increase the size of your homestead.
The great news is that this land is available across Australia, all you have to do is choose a small town and ask them about what they have for homesteaders.
Paying For It
If you have some funds behind you then you will find there are even more options open to you, especially around the same towns. If you’re willing to pay for your homesteading land you’ll get significantly more for your money.
If you don’t have the funds readily available then you should consider livestock finance, this is specialized lending that will give you the startup funds you need to create a livestock homestead. Of course, you’ll need to be certain you can afford the repayments.
If you’re not worried about where you set up your homestead you may be able to find a cheap lease. This was an initiative formed by the government to encourage more farmers. The plan pleases you land for as much as 60 years at a very low rate of rent, allowing you to build a homesteading business.
Don’t forget, whatever option you choose, you should check your local planning regs before you start creating your homestead, the rules are different across the country.
