How close is too close to power lines?

Discussion in 'What to buy' started by Ouga, 11th Jan, 2020.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Ouga

    Ouga Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    840
    Location:
    "Trying is the first step towards failure" Homer
    Hi guys,

    Considering the purchase of an IP.
    Ticks many boxes, but concern is there is a powerline running across the street.
    While it's not over the house, it's still pretty close.

    Would you guys consider this too close for comfort?

    [​IMG]

    Genuinely interested in opinions.
    Powerlines directly above big no no, but here not too sure what to think!

    Thanks guys
     
  2. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    1,233
    Location:
    Sydney
    From a finance perspective most lenders will have issues with any properties located within 50 meters of high voltage power (transmission lines) or tower stations.

    We usually use lenders guidelines as a way to determine the suitability of a property as you need to think about resale and the ability for future buyers to get finance.
     
    Ouga and KateSydney like this.
  3. Redwing

    Redwing Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,829
    Location:
    WA
    upload_2020-1-11_10-43-56.png
    or
    upload_2020-1-11_10-44-12.png
     
    Ouga and The Y-man like this.
  4. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    5,797
    Location:
    Melbourne
    or...
    upload_2020-1-11_13-55-23.jpeg

    The Y-man
     
    Ouga likes this.
  5. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    5,797
    Location:
    Melbourne
    From the google maps photo, looks like a 300kv thing - not as bad as having a full blown 500kv, but still would affect the prop value I imagine.

    The Y-man
     
    Ouga likes this.
  6. Ouga

    Ouga Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    840
    Location:
    "Trying is the first step towards failure" Homer
    Yeah it’s like the first one @Redwing has posted where the 3 phases are stacked vertically.

    this is the view from the street from an angle where it’s not hidden by the trees.

    [​IMG]

    @Shahin_Afarin - thank you. I assume this is to the property line rather than the dwelling?

    I reckon if it was the next street over, or even the dwelling backing on to this one it would be no problem but here it’s kinda in between. Perhaps too close still and not worth chancing it.
     
  7. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    1,233
    Location:
    Sydney
    You will have valuation issues with that property - not so much with lenders that have their own DUA and LVR is 80%.

    The distance is to the dwelling not the property line.
     
    Ouga likes this.
  8. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

    Joined:
    14th Jun, 2015
    Posts:
    3,711
    Location:
    Adelaide & Sydney
    It would be a no from me. It will peg your val down, and tenants are just as paranoid about them as owner occupiers are.

    If you can see the power lines from the property, they are too close
     
    Ouga likes this.
  9. Redwing

    Redwing Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,829
    Location:
    WA
    Here's some in WA, large rear yards for everyone that backs onto them, but used by some sporting clubs, turf farms etc also

    upload_2020-1-11_16-5-54.png
     
    Ouga likes this.
  10. Redwing

    Redwing Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,829
    Location:
    WA
    upload_2020-1-11_16-6-58.png
     
    Ouga likes this.
  11. Ouga

    Ouga Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    840
    Location:
    "Trying is the first step towards failure" Homer
    Technically a bit over 50m, but still I agree not the best feeling in the world being so close.
    It's not super obvious from the property, but still clearly visible.

    I suppose the simple fact I am asking the question here means it's gonna bother others too.
     
    craigc, Redwing and The Y-man like this.

Whether you’re a seasoned investor or first home buyer, TheOneSpot will help you make smarter decisions buying property. Use these free tools to assess affordability & lifestyle fit, inspect with checklists & easily compare properties side-by-side.