House near a waste managemwnt facility

Discussion in 'Where to Buy' started by Manisha, 5th Apr, 2022.

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  1. Manisha

    Manisha Active Member

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    Hi, would you buy a house 500m away from a waste management facility in this current crazy market?
    Do you think there would be problems in future selling or renting it?
     
    Manisha, 5th Apr, 2022
    #1
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    It can be considered as 'out of sight out of mind' however, you will notice the stench when the wind blows in the right direction.

    Most people may not notice it unless it's on the road leading to the tip and there's lots of garbage trucks going past.
     
    Scott No Mates, 5th Apr, 2022
    #2
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  3. The Y-man

    The Y-man Moderator Staff Member

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    500m would be too close IMHO

    The Y-man
     
    The Y-man, 5th Apr, 2022
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  4. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Paul@PAS, 5th Apr, 2022
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  5. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    any future buyer will be asking the same questions, and a valuer may tag as environmentally affected, which if a high lvr loan wont help the application

    ta
    rolf
     
    Rolf Latham, 5th Apr, 2022
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  6. Lizzie

    Lizzie Well-Known Member

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    Short answer ... nope. Not worth at any price. Keep looking
     
    Lizzie, 5th Apr, 2022
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  7. Ladon

    Ladon New Member

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    Whether or not it has an impact on where you're looking to purchase or not (Smell etc.); I think it's one of those things where if you as a prospective buyer think it might be an issue now - so too will someone else down the track. In a softer market this is only amplified. Personally, I'd continue searching
     
    Ladon, 5th Apr, 2022
    #7
  8. Tamara8

    Tamara8 New Member

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    What about just under 1km away?
     
    Tamara8, 2nd May, 2022
    #8
  9. The Y-man

    The Y-man Moderator Staff Member

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    Probably ok - but will depend on the prevailing winds. Go and spend some time there.

    The Y-man
     
    The Y-man, 2nd May, 2022
    #9
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