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Dev Raga Personal Finance

211 property covenants, zonings, overlays

Feb 22, 2022
34:10
This episode covers some of the restrictions you might encounter when buying property or considering a knock down rebuild. Dev shares:

๐Ÿ‘‰๐Ÿพ a listener's experience - K has a bad surprise at the time of building their home
๐Ÿ‘‰๐Ÿป what are covenants, zones and overlays
๐Ÿ‘‰ the process of removing a covenant
๐Ÿ‘‰๐Ÿฟ burdened land vs benefited land

Check with your local state and council regulations before buying any property. In large parts of Melbourne, there are significant landscape overlays - beware!

If you're in Victoria you can head to https://mapshare.vic.gov.au/ to check the zonings on a property.

Episode transcripts: https://bit.ly/m3meptranscripts

๐Ÿ›‘ Please read the disclaimer at mymillennial.money before listening to this episode.

Need help with budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.

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We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.

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