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What is a Heritage-Listed Home and How to Find Them

Are you planning to invest in a heritage-listed home? Here’s how you can find them in your area of residence.
heritage-listed home

People often think of grand old mansions and suburban homesteads when they hear the term heritage-listed home. However, you should know that there is a wide range of properties in the country that possess the heritage listing status — and your dream home could be one of them. 

If checking heritage-listed homes are part of your home buying journey, this blog will help you. Continue reading to find out more valuable information.   

What is a heritage-listed home?

It is a property or a building with indigenous, natural, or historical importance; whether or not its architecture warrants its classification. 

Some beautiful examples of heritage-listed homes are the Monaltrie Homestead (built 1862 in Lismore) and the Zetland Mansion (established 1873 in Hawthorne). Like these two, many more charming heritage-listed properties come up on the market. You may fall in love with one as you seek a new home or real estate investment.

Who gives the property its heritage-listing status?

The Australian Heritage Council is in charge of assessing a property's heritage listing status and they do so according to a range of criteria. These criteria vary and may not have any relation to the actual building or natural rarity/nature of a property, but relate to a location’s significance in the historical development of Australia or in its natural or cultural importance.

How can you find heritage-listed homes

There are lots of heritage homes around the country, and most of them are in the beautiful state of Victoria. The historical houses here boast striking architectural features from the yesteryear and survived the tides of time thanks to the government and the people who protect it for future generations. 

If you are looking for a heritage-listed property in Victoria, visit Landchecker Australia. Using this website, you can view the location of the property, as well as the heritage conservation areas in the area. This website also allows you to identify two heritage-specific criteria in Victoria: heritage overlay and cultural heritage sensitivity

What is a heritage overlay

A heritage overlay is set by the local council as part of its planning scheme and often suggested to them by the community and historical societies. 

It may affect your plans to renovate a heritage-listed home. 

It can cover an entire block within a neighbourhood. In the image above, a heritage overlay is set on properties in areas highlighted pink. 

Due to a heritage overlay, a planning permit is required when: 

  • subdividing land
  • demolishing or removing parts of the building 
  • constructing a building or an extension
  • removing or replacing the fences
  • altering the building’s external facade
  • constructing or carrying out works
  • constructing or displaying a sign
  • painting an unpainted exterior design feature
  • painting a building to advertise

What is Cultural Heritage Sensitivity?

Here, the cultural heritage of sensitive areas is highlighted green. 

An area of cultural heritage sensitivity is specific to the indigenous cultural history or importance of property, particularly within a larger area of sensitivity. When you are planning to develop within this area, you might be required to have a cultural heritage management plan to work with local indigenous groups and leaders. 

Restrictions when renovating heritage-listed homes

Before you buy a heritage-listed home, you need to accept the fact that your ability to renovate it will be limited and controlled, as it concerns the structural integrity of the building. Major changes in the building’s structure and the exterior design are usually restricted. You can renovate the interior rooms, make repairs, and redecorate. You are also encouraged to use building materials similar to the existing materials present in the home.

But buying a heritage-listed home is worth it

Because of the potential development constraints and the possible unforeseen expenses, buying a heritage-listed home is not for all real estate investors. However, this doesn’t mean that investing in it is a bad idea. 

For instance, the owner of a heritage-listed home within heritage overlays will benefit from continuous capital growth because the house is improved inside without changing the looks outside. It’s similar to a vintage car — there is a high potential that it will increase its value in the future when appropriately maintained. 

Heritage homes can qualify for government grants and get support and funding for maintenance. 

If a property is not heritage-listed but sits in a heritage-listed area (e.g., forest), the owner will reap the long-term future stability of the investment. 

Contact our Brisbane-based building designers for more info.

 

READ MORE

7 Tips For Renovating a House in a Heritage Overlay

What You Need to Know Before You Start Renovating Heritage Homes

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