Titled or untitled land? Whats the difference.

The demand for land in Perth Metropolitan areas may have created a shortage of titled land, but there is still a great supply of untitled lots. Not sure what these terms mean?

We give you the run down below:

Titled Land:

• We can start the approvals process sooner.
• Allows the purchaser to take ownership of the lot quickly.
• The builder can access and commence work on the site sooner.
• Obtaining an application of a building license is done faster.

Untitled Land:

• You’re buying a block of land off the plan.
• Often no footpaths, water and power, roads or curbing existing.
• There is a longer wait until we are able to submit for a building licence, which is required before we start building your home.
• Have to wait a little longer to get into your home.

Featured image via Aussie Living Homes.

Share