1.2 KM vs 1.7KM to a train staion?

Hi,

This a bit urgent because I am putting offers today so please let me know your thoughts.

I know it is good to buy a house that is close to a train station. Is 1.7KM too far? I am considering which house among these two below to choose. Actually I like both of them and the locations of them are close to each other. Please let me know if distance to the station should be the most important factor.

House one (3/2/2):

1.7 KM to station. Slightly bigger and better condition and it has solar panels. Same land size as house two. Asking a slightly higher price.

House two (3/1/2):

1.2 KM to station. Same land size but house is bit smaller than house one. Backyard is tidy but has several tall trees that may need to be removed in the future.

 

Put offers on both and let them know you are making offers on multiple properties and you'll proceed with whichever comes back to you first

 

Buy both

 

Walking 1.2 km is a lot easier than walking 1.7km. Also how safe is it to do that walking?

How is the land? Size, frontage & slope?

 

Will having 2 bathrooms command more rent?

 

The rule of thumb is about 400m equals 5 min walk,

So 1.2km = 15min walk
1.7 km = 20-22 min

An extra 10-12 mins a day walking

 

Hi Kai - how did you go?

I had a place 1km from a station, which was a healthy 10 min walk maybe 12.

Is this for an investment or PPOR?

There may be a bus that can take you to the station as an alternative and consider if its in a suburb that has great road access, i.e 1.7km from the station but closer to the freeway.

Re the trees - consider vegetation overlay - will you be able to remove trees?

Cheers Ivan

 

1.2km is a pretty good distance away from a train station IMO. Good enough distance away to avoid noise and undesirables who may blow in or hang around yet still not too far to walk to and from each day. 1.7km is just a tad far for some people, although the en-suite is a must for many families. Personally, I look at things like this: An en-suite can be added and trees can be chopped, however you can never change the location no matter what you do. I would go for the one in the better location.

 

Yeah, 1.2km isn't bad. I wouldn't mind riding a bike a little further, or drive if I had to.
Depends on the person I guess.

 

if it was me, I think the 1.7km is too far for investment.... if personal maybe I would consider it.

 

1.7 km too far if you have to walk back at night ,especially around Liverpool.

 

Like other 1.2 is doable (not ideal) for walking, 1.7k is to far.

I look for less than 1km.

In saying that I could just be incredibly lazy but then again as Joe Hockey said rich people drive cars so I drive my car to the shops to show off my wealth. I have a shop that is about 400m from my house and I drive to it 90% of the time when we run out of milk or whatever. The other 10% of the time is because I feel guilty or cant afford the petrol (haha jokes).

 

1.2km is a great. I heard somewhere that 800m is apparently the sweet spot

 

It's certainly my sweet spot. Wouldn't want to be any further away.

 

Many people will walk 1.2ks to the staton but it's too far once you get 1.5k or over.

 

1.2 would be more attractive than 1.7 purely distance wise but this is an incomplete picture.
There are more things to consider wrt public transport...
Aspect of walking to station?.Eg on proper footpaths, have to cut though areas, etc?
Is there alternatives to train..ie bus station. How far from each house, are they express busses to cbd, etc...
Just some related considerations..I'm sure there are many more...

 

As a renter, I wouldn't want to by 1.7km from my main mode of transport. 1km is about my limit.

For me, 350-500m is the sweet spot.

 

Hi Steven - assuming you work in the city? may differ for a renter travelling cross city or local and need a car..

For me it really depends, again, may be closer to a freeway but further to a train station...
Cheers Ivan

 

1.7 is not a bad distance at all, I see people drive t

a station even if they live only 1KM away.
It all depends on the individual...

If the property is for investment use I think both distances are OK.

What area are you looking at?

 

800m to a station generally or 400m to a bus stop (to the station).

My bus to the cbd takes 《 1/2 hr and I still complain.