What would put you off buying a property?

Discussion in 'What to buy' started by Adele, 31st Dec, 2015.

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What is a deterrent when you buy a property?

Poll closed 7th Jan, 2016.

  1. Feng Shui (I just had to put this in lol)

    4 vote(s)
    10.8%

  2. Irregular shaped land

    4 vote(s)
    10.8%

  3. Battle Axe

    5 vote(s)
    13.5%

  4. Noise Level

    14 vote(s)
    37.8%

  5. Tenant demographics

    10 vote(s)
    27.0%
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  1. tavinium

    tavinium Well-Known Member

    Joined:
    10th Oct, 2015
    Posts:
    51
    Location:
    Melbourne
    @wogitalia I somewhat agree that irregular shaped land and battle axe blocks are not so bad.
    For IP with development potential, ok let's think some more. But..
    For PPOR, emotion is at play and I've seen some lovely and unique blocks making use of unusual dimensions, whether that be creating an interesting space in the case of irregular shaped land, or giving affordability to people in a particular suburb in the case of a battle axe block.

    Things that turn me off for PPOR are:
    • Close to main road
    • Noise
    • No park land in the neighbourhood
    • Poorly / cheaply build house (becoming frequent in today's new/recent build market)
    • Bland looking house and block (also becoming frequent in today's new/recent build market)
    • Bad smells in area or in the house itself. I once looked at a near new place where the owner smoked inside - I'm sure they lost at least 10% of the asking price right off the bat for this.
    • A dark, dated or high maintenance houses.
    • Off the plan properties.
     
    tavinium, 31st Jan, 2016
    #41
    Adele likes this.
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