All Topics / General Property / Rear Access – What is it worth

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  • Profile photo of JoeyDJoeyD
    Member
    @joeyd
    Join Date: 2008
    Post Count: 4

    Hi Guys,

    I wanted to get your thoughts on how much rear access to a property is worth?  I am looking at two properties, one with, and one ithout rear access.  I know it is just a small driveway but how much would this add to the value of a property?

    The area is an inner city suburb, less than 10km out an in the ballpark of $500,000

    Thanks, your thoughts are apprecaited.

    Profile photo of crashycrashy
    Participant
    @crashy
    Join Date: 2003
    Post Count: 736

    if near a boat ramp it can add quite a bit, otherwise I would guess it adds about 5%

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