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Battle axe blocks

Discussion in 'General Property Chat' started by Darlinghurst Boy, 14th Jul, 2015.

  1. Darlinghurst Boy

    Darlinghurst Boy Well-Known Member

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    Darlinghurst Sydney
    any difference in investing in a battle X block
    There s a house at the back of the other house.
    The driveway goes down the side of the house in front .

    I cant see any problem but are banks wary or any problems you know of?
     
  2. tavinium

    tavinium Well-Known Member

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    Melbourne
    If you want to redevelop or rebuild on the block, could be an issue. In general I don't see an issue, as long as the block is fit for purpose. Eg battle axe block in a premium or the right suburb can go a long way.
    But I know some people do see an issue in all cases.
     
  3. Ozzie in Texas

    Ozzie in Texas Well-Known Member

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    Location:
    San Antonio, TX
    Battle x properties tend to be harder to sell........are usually priced at the lower range of average prices in its surrounding area. However, capital gains % increase tend to be on par with the neighbourhood.

    It's about swings and roundabouts.....risk/rewards......and being ok with that.
     
  4. Scott No Mates

    Scott No Mates Well-Known Member

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    Perceived issues :
    • more neighbours for fencing
    • Security (hidden from street)
    • Small frontage
    • Generally no further subdivision permitted
     
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  5. Greyghost

    Greyghost Well-Known Member

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    We have friends who have the rear battle axe block. Thin drive with the rear portion of land.

    House overlooks reserves in diamond creek (vic) with a huge end to end deck.

    I was not big on these types of blocks prior but when they have an X factor like this one does.....
     
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  6. Chilliblue

    Chilliblue Well-Known Member

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    Ironically they feature less in the police statistics for crime as criminals don't want to be blocked in.

    Just watch the building envelope size as the he listed block size will include the driveway.