QLD Property on the end of a T-Intersection

Discussion in 'Where to Buy' started by Pandax3, 24th Nov, 2015.

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  1. Pandax3

    Pandax3 Active Member

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    Hi All,

    What are your thoughts of buying a property on the end of a T-Intersection on a quiet street. I've read them having bad Feng Shui and with oncoming lights being a possible issue. What are your takes of them affecting future sale prices? would it hinder sale even if it's located in a hot suburb?

    More importantly.. valuation?

    Cheers
     
    Pandax3, 24th Nov, 2015
    #1
  2. moyjos

    moyjos Well-Known Member

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    Personally I would not want to live in the end of a T intersection.
    The lights would drive me nuts. Maybe not so bad if there is a good screening fence on the front boundary.

    Is it currently tenanted? Have a close look at the number of times the tenants have changed. If it has been Owner occupied..how often has it been sold.

    I would imagine the valuation may be down a little bit against similar in the street.
     
    moyjos, 24th Nov, 2015
    #2
  3. Gockie

    Gockie Sydney Airbnb superhost and Database talent. Premium Member

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    I've got an IP at the end of a T intersection. Normally I wouldnt do it but:
    It faces north... tick
    Both quiet streets... tick
    Big land.... tick
    High side of street.... tick
    Walk to school, shops, train... tick, tick, tick
    Bay views down the front thanks to the street... big tick :)

    I bought it as a deceased estate... the guy living there lived since about 1980 in that house and passed away this year.... first time sold in a very very long time... I think i'm the third buyer or so since the house was constructed in ~1950's.

    (Hmmm... I heard he died of cancer)...
     
    Gockie, 24th Nov, 2015
    #3
  4. Pandax3

    Pandax3 Active Member

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    The property I'm looking at has been owner occupied for over 20 years. There's a screen fence in front, but according to Google street view there wasn't one 2 years ago. I'm guessing they never had issues with oncoming lights, but put one up to address a possible concern for buyers?

    This is an investment, numbers stacks up.. but it's giving me second thoughts. I've been told not to forgo an opportunity just because of feng shui as not everyone believe in it, but I'd just like to know people's thoughts.
     
    Pandax3, 24th Nov, 2015
    #4
  5. Scott No Mates

    Scott No Mates Well-Known Member

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    Very dependent upon the property itself - can be good or bad. A bigger concern is cars ending up in the front yard - blinds don't stop that happening, stats may be available from the local police. Overall the likelihood of accidents would only be slightly higher than anywhere else in the street.

    Trees etc can fix bad fen shui - colleague's neighbour wanted to remove the tree in front of their house (on a bend). A car careereed into the tree not damaging the house. Guess what....the tree stays.
     
    Last edited: 24th Nov, 2015
    Scott No Mates, 24th Nov, 2015
    #5
  6. Omnidragon

    Omnidragon Well-Known Member

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    Avoid
     
    Omnidragon, 29th Nov, 2015
    #6
  7. Sky Huo

    Sky Huo New Member

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    Having bad Feng Shui...Avoid it
     
    Sky Huo, 1st Dec, 2015
    #7
  8. melbournian

    melbournian Well-Known Member

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    melbournian, 1st Dec, 2015
    #8