Thinking of buying some land and living in the country? There's a lot to look at when buying acreage.
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If you’re tired of the fast pace and stress of life in a big city or town, the idea of packing up and moving to somewhere with plenty of wide open spaces is very appealing. Thousands of Aussies make a tree change each year, leaving city living behind and buying acreage to live on.
But before you pack up your old life and head for the hills, consider all the pros and cons of owning acreage to decide whether life on a property is right for you.
What is an acreage?
It can be hard to get a concept of just how big some country properties are until you see them in person. To put things in perspective, 1 acre is equal to 4,047 square metres (or 43,650 square feet or 0.4047 hectares if you prefer other measurements).
So even a five-acre property is more than 20,000 square metres in size. Compare that to the average block size in Australia of around 200–350 square metres, and you begin to get an idea of how big an acreage actually is.
As a result, you will usually find properties of this size in rural areas of Australia, or on the very outskirts of major cities.