Someone suggested a townhouse/villa/unit at the back of a complex would be the poorest investment in the group because it doesn't have street frontage. Does this tend to be true in your experience? If so, surely there wouldn't be a lot of difference in value, if they are basically the same and in the same complex. Does it depend on how many in the group at all? Thanks.
I'd be more concerned about road noise (for the front unit) or security for some of the others, number of units in the block, how similar/different the units are – uniqueness adds value if it is the right sort of unique.
I agree with Scott. Units at the front can be subject to road noise and other owners cars coming and going from the complex.
It all depends on the block itself. Some blocks are in quiet streets but the rear units back onto railway lines and therefore are worth less than the front ones.Top floor units sell for more than mid-floor or ground floor. So there are many more factors to consider including the number of bedrooms (many blocks have a mix of 1brm, 2 & 3 brm units) and floor area.
Other considerations are that in the one complex they may be 0 car spaces for some, outdoor car spaces or carports for others and LUG's for some others. All these have a bearing.
You must be logged in to reply to this topic. If you don't have an account, you can register here.
