澳洲Australia property Are you bothered by a house with no stree


在澳大利亚 I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo


Hi,

I was looking at this house the other day and it was on a big piece of land, close to amenities. It also had a big paved area at the front of the house that could cater for lots of parking.

The only thing that bothers me a little is that the house is tucked behind other street fronted houses. It has a long driveway situated tween two other properties that leads to its own garage. Having said that, I did realise that due to the land planning of the area, there are quite a few houses in the same situation.

The good thing about this set up however is that the property has a very private feel to it as you can hardly see the building from the streetside.

Is anyone else bothered by a non street front house when buying? Does it of a less price?


Wenwen  

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It definitely lowers value compared to a house with proper street frontage. The only time a house is beneficial for being set-back from the street is if you are behind trees/hedges/shrubs and it's your own private land.  

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I have looked and there are thick, tall trees blocking views to the surrounding houses. The land is also private and not a result of subdivision. The reason for the set up is because there is a lane that go around a large block of land in a circular manner and a lot of houses at the centre of that land had to have long driveways out to the lane.

Is this then ok? Or would most people prefer street front houses?  

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We love our PPOR, which is down a long driveway between houses. It was part of the original subdivision and is therefore not a subdivided block. This type of block is common in this area.
We love it because we back onto bush so it is just us and the koalas, birds, wallabies and goannas and very little noise.
It is true that a lack of street frontage made the property more affordable (by about $100,00). But at the time, we would not have been able to afford the pricey area, great views, excellent point break and surf beach at the end of the bush track if it had street-frontage as well!
We have never felt the need to have a street frontage and think the quiet-factor far outweighs the steet-frontage value.
As a particular location becomes more premium, battle-axe blocks may just be a good buy.
Cheers, Ali  

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We like our battleaxe block. The shape of the block does mean a much larger block- and it backs onto bush, and has views. Being on a steep hill, it has the added advantage of very few doorknockers.

It also means that we are not obliged to keep it shipshape, as those who have street frontage must do. It's a bush block, and is kept as such.  

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personal preferences aside, I would suggest there is a definite achiveable price diff between street front and battle axe

that doesn't mean don't buy it - it just means pay the right price  

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The main problem I see is that you are entirely at the mercy of the houses beside your access driveway. If they are allowed to become run down and shabby it would seriously affect your values.

Another negative would be if it was a shared driveway to another house as well.
Marg  

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marg4000 said: ↑
The main problem I see is that you are entirely at the mercy of the houses beside your access driveway. If they are allowed to become run down and shabby it would seriously affect your values.

Another negative would be if it was a shared driveway to another house as well.
MargClick to expand...
that's no different than neighbours on a normal block, pulling your value down by becoming run down.

i have no problem with a battleaxe block and would probably prefer one for the reasons people have posted.

however i believe it would negatively effect it's value. the effect would be greater in a soft market with lots of stock. so now is probably the time you could negotiate hard on properties with negative attributes that can't be changed - battleaxe, close to power lines, main-ish road etc.  

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We recently moved from a battleaxe block to a battleaxe duplex block. Like the others have said, it provides great privacy if the back yard is onto a reserve which ours both have. People might baulk at it when they have initial impression but this fades away once you enter the home and view the private space it offers. Having said that, this would be destroyed if there were houses hemming you in on all boundaries. Battleaxes with a rear reserve would not suffer in price in my opinion.  

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I've always viewed battleaxe blocks similarly to blocks on a main(ish) road as far as the discount I would be looking for compared to the same house without those issues.

I know people who love the privacy, but it can depend on how "hemmed in" the nearby houses make the block feel.

The bit I would hate would be the constant describing how to find the house to anyone visiting for the first time, or arranging for a home delivery.  

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We've lived in our battleaxe block for the last 10 + years and love the privacy it affords, it sides onto a pine forest and doesn't make us feel hemmed in at all. There are 3 houses at the end of our driveway and ours is in the centre. We have parking space for 3 cars along side each other in the front of our garage, so it works well for us.  

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And I don't think tenants care that much if it is battleaxe so you might get a better rental yeild as the purchase price was cheaper. I noticed a battle-axe when we were looking for an IP. It was 10% cheaper (30k) than an equivalent street-front property but rented for the same as a equivalent street-front property.
Cheers, Ali  

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As someone mentioned, you do miss out on the ease of street parking (especially for guests). It all depends on how long your driveway is and whether it was shared. Make sure the house you are looking at has parking at least for a normal number of cars.

At our place, even for a normal family holiday gathering, the road out the from can be full with visitors.  

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I have zero issues with battle-axe blocks.  

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Battle axe

There are battle axes and there are battle axes:p

Now, a battle-axe off a cul-de-sac then i will think about it; if not....  

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Well in property, just like the stock market, it doesn't matter what you think. The only thing that matters is what others think.  

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If you don't mind them, then you just need to make sure you buy at the discount that the market will command when you sell it. It's much the same with busy roads.

They still rise in value alongside other homes, so long term CG would not be a problem.  

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Not bothered by it.

The price just adjusts downwards accordingly.

Everything has a right price. The addage "don't buy this don't buy that" surely fails when offered the right price.  

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I have done constructions on blocks with 'proper' street frontage and also on battle-axe blocks, I have never experienced any challenges renting or selling, the feedback has been quite positive for the battle-axe block places mainly because it's a bit more private. I did experience an increased cost however for the driveway surface gravelling and concreting.  

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Used to live in a battle axe block, front garden consisted of a letterbox and driveway! Easy maintenance!  

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