Caravan Park - What impact will it have?

Discussion in 'Property Market Economics' started by Archaon, 2nd Jul, 2017.

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  1. Archaon

    Archaon Well-Known Member

    Joined:
    20th Mar, 2017
    Posts:
    1,896
    Location:
    Newcastle
    Hi all,

    Curious as to what impact this will have on property/rent values in the area.

    The area highlighted below is where the caravan park works are underway.

    Is it an unfair stigma that caravan parks bring unsavoury characters to the area?

    Will it affect the median rent prices due to permanent resident sites being listed at a much lower average then the surround properties?

    Any case studies or real locations where something like this has happened in the past?

    Any thoughts or conjecture would be greatly appreciated.

    Regards,
    Arc

    P.S: @Savy mum this may be of interest to you as well.

    caravan park.PNG
     
  2. Archaon

    Archaon Well-Known Member

    Joined:
    20th Mar, 2017
    Posts:
    1,896
    Location:
    Newcastle
    Bump.

    Anyone able to assist with advice?

    Regards,
    Arc
     
  3. Stegve

    Stegve Well-Known Member

    Joined:
    8th Jun, 2017
    Posts:
    51
    Location:
    SA
    Not sure if this will help.
    Check out " Maslins Beach SA"
    A small beach side suburb in SA with a caravan park "being" built or proposal being submitted.
    Cheers
     
  4. Stegve

    Stegve Well-Known Member

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    Location:
    SA
  5. Stegve

    Stegve Well-Known Member

    Joined:
    8th Jun, 2017
    Posts:
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    Location:
    SA