VIC Which IP is better value?

Discussion in 'Where to Buy' started by K@thy T, 9th Sep, 2019.

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Which IP location is better value?

  1. Walking distance to train station

    19 vote(s)
    90.5%

  2. Walking distance to major shopping centre

    2 vote(s)
    9.5%
  1. K@thy T

    K@thy T Active Member

    Joined:
    6th Aug, 2019
    Posts:
    30
    Location:
    Melbourne
    Hi all,
    If there were two houses that are comparable to each other, but one is closer to a train station and the other is closer to a major shopping centre, which one would you choose?
     
    K@thy T, 9th Sep, 2019
    #1
  2. hvdw87

    hvdw87 Well-Known Member

    Joined:
    27th Feb, 2019
    Posts:
    197
    Location:
    Royal Melbourne Golf Club
    Not quite enough information to be able to answer the question.

    Where is this property? What type of property is it and who is the target market? Is it a significant shopping precinct (Chadstone etc)?

    For instance an inner/middle ring suburb targeting young professionals (likely working in the city), I would say the train station is more important.

    A large family home in a more rural location (Geelong/Ballarat), maybe the shopping centre adds more.

    In general for me though, the train station is more important.
     
    hvdw87, 9th Sep, 2019
    #2
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  3. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,061
    Location:
    Vaucluse, Sydney.
    All things being equal and the train station isn't too close to the house, then I'd go train station.
     
    Sackie, 9th Sep, 2019
    #3
    K@thy T likes this.
  4. AndyPandy

    AndyPandy Well-Known Member

    Joined:
    23rd Feb, 2017
    Posts:
    607
    Location:
    Australia
    When was the last time you went shopping? Bricks and mortar shopping is on the decline.

    People will always need transport, even more as population increases but as said above, don't want to be too close to tracks or even station for that matter.
     
    AndyPandy, 9th Sep, 2019
    #4
  5. korando1234

    korando1234 Well-Known Member

    Joined:
    1st Nov, 2015
    Posts:
    70
    Location:
    AU
    I used to live 5 (literal) minutes walking from the train platform and it was the best thing ever.. I now live 3km from station and it adds at least 30 mins to my commute every day (vs. shops one or twice a fortnight). I also had no car (saved heaps) and used uber when needed for short trips..

    So yes, near station.. oh and living near the tracks wasn't a problem for me (I'm assuming some people are concerned about noise maybe)
     
    korando1234, 9th Sep, 2019
    #5
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  6. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,224
    Location:
    Sydney or NSW or Australia
    Station wins with me too. I don't carry a trolley of groceries from the shops.
     
    Scott No Mates, 9th Sep, 2019
    #6
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  7. Momoko

    Momoko Member

    Joined:
    6th Sep, 2019
    Posts:
    10
    Location:
    Sydney
    You don't walk to shopping centres as you won't be able to walk back with tons of stuff you buy.. I prefer the house to be a little further away from shopping centre so I get less less noise, traffic and vandalism.

    Train station!
     
    Momoko, 9th Sep, 2019
    #7
    K@thy T likes this.
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