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Corner Blocks --> Good or Bad

Discussion in 'Development' started by Ash, 28th Jul, 2016.

  1. Ash

    Ash Well-Known Member

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    Hi All ,

    I have been exploring land options for a while and signed one recently.

    During my interaction with land developers i found that corner lots are the
    last ones to sell. Also they are cheaper than the other non-corner lots.
    I did ask same sales person and as per him people don't prefer corner
    lots so they sell slow and hence cheaper as well.

    Another reason he told me is that Builder's don't have too many plans
    for corner lots so building is difficult and we have to leave more space
    in corner while building.

    BUT i personally feel that corner lots are better as we have 2 way open space , may
    be better air flow and if the lot is bigger then we can easily sub divide with 2 separate
    entries for 2 separate houses/TH.

    I would like to check view of other forum members on this ?
    Are corner blocks good or bad ?
     
  2. thatbum

    thatbum Well-Known Member

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    Very broadly speaking, they are worse than normal frontage blocks for everything apart from subdivision.
     
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  3. MTR

    MTR Well-Known Member Premium Member

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    Generally pay a premium for corner lots that can be developed as all properties will have frontages which increases end value.

    I have tried to source corner lots and its always been very competitive due to above.

    MTR:)
     
  4. MTR

    MTR Well-Known Member Premium Member

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    Ash likes this.
  5. Ash

    Ash Well-Known Member

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    @thatbum when you say worse than normal blocks .. what's the reason for that other than ones listed above
     
  6. EN710

    EN710 Well-Known Member

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    Are you looking at new estates? Corner lot usually need two frontages (i.e. less home design to choose from) - then usually not sub-divideable due to estate rules
     
  7. Brady

    Brady Well-Known Member

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    As this thread is in the Development section I would suggest corner blocks definitely have a premium price.

    Pre Subdivision - premium price - more options for development, frontage, access etc
    Post Subdivision - maybe lower price - less privacy, more fencing
     
  8. Ash

    Ash Well-Known Member

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    Yes talking about new estates .. corner lots .. probable sub-dividable OR can host dual occupancy with separate entries in future :)

    I don't think they are easy to come by looking at these conditions
     
  9. Colin Rice

    Colin Rice Mortgage Broker Australia Wide Business Member

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    If you can "value add" then yes they are potentially better. If single dwelling only then there is the council verge to maintain (most dont, in my area anyway) and I think people feel safer with a house either side perhaps as well as aesthetics reasons.

    For the purpose you have described it sounds like a good option.

    Tradies seem to like them as well as they can have dual access for sheds, vehicle storage etc.
     
  10. scienceman

    scienceman Active Member

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    They can be handy if you have a boat or other type of trailer as if there are two driveways you don't have to reverse in.
     
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  11. neK

    neK Well-Known Member

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    Less privacy, more noise, but better sunlight.

    I like corner blocks, but not in estates for the reason @EN710 mentioned
     
  12. thatbum

    thatbum Well-Known Member

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    - Wasted space - usually setback requirements for building AND fencing means you effectively can use less space than an equal sized normal lot
    - Significantly increased risk of cars running into the house - this sounds crazy, but it happens more often than you might think and the statistics I saw showed it pretty much always happens on corner houses. Happened to a friend's IP here in Perth.
    - You have to pay for additional fencing - which usually you cannot split the cost with the neighbour on - plus the fencing might need to be visually permeable in some development areas.

    - Usually restrictions on having more than one driveway and/or restrictions on where the driveway can be, because of proximity to the intersection. So this is actually a negative a lot of the time.

    That's just off the top of my head. There might be more.

    I guess its sort of a "pro" that you might be able to get a bigger sized corner lot for the same price compared to a normal frontage lot, but that just highlights what I mean in terms of it being a disadvantage generally.
     
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  13. Ash

    Ash Well-Known Member

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  14. Big Daddy

    Big Daddy Well-Known Member

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    Corner Block Advantages (WA R Codes)
    -Easier to get WAPC 5% variation.
    -The more frontages then the greater change they will allow 5% or greater variation on average area
    -No common property means its easier to get the 5% (max) variation for min lot size since min lot size does not include CP in the calculation.
    -Maximise use of site area
    -Can use corner truncation in site area (C1.3) "up to a maximum of 20m2 of that truncation shall be added to the area of the adjoining lot'
    -Corner blocks count as one continuous frontage (can gain extra concessions in some councils)
    -One less neighbour to object to development approval applications
    -Each house has their own frontage = More value
    -Less chance or no overshading from neighbours property

    Corner Block Disadvantages:
    -Cost more to purchase
    -More lawn to mow/extra fencing
    -More noise from 2 roads (stopping and acelerating)
    -Extra setback from secondary street = less dwellings. (Non corner dont have secondary street setbacks)
     
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  15. thatbum

    thatbum Well-Known Member

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    Those are pretty much all subdivision considerations though.
     
  16. Big Daddy

    Big Daddy Well-Known Member

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    Yep I didnt read the question thoroughly
     
  17. scienceman

    scienceman Active Member

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    Usually you are allowed one driveway per frontage. There are restrictions on how close they can be to the corner eg 6 meters, but that applies whether you have one or two driveways.
     
  18. drg86

    drg86 Well-Known Member

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    I recently purchased some land and had the exact opposite experience to what you have described. The corner lots in the estates I was looking at sold first and for higher prices. Dual occ was permitted so I feel this is what pushed up demand.
     
  19. Sonamic

    Sonamic Well-Known Member

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    Side access.
    Duplex build.

    Look up the previous thread on corner lots. Some good info already discussed.
     
  20. Azazel

    Azazel Well-Known Member

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    Generally corner blocks are for assholes I reckon.
    But they are good for subdivision.