Why are the corner blocks cheaper? Seems like noone really likes the corner blocks, i guess when resell later on there wont be much capital growth?
Corner blocks can be a bonus for a duplex. You have the driveways on seperate streets giving a more seperated feeling.
Don't mean to hijack thread, but good points.
I would be very interested to know more. I just bought our PPOR on a corner block. House is set back so we are going to build a boundary fence to create a side/front yard and reclaim a yard and allows for a pool.
On a second note I would like opinions – does a front fence/gate add/subtract value of a property? House is 2 storeys
CN wrote:Why are the corner blocks cheaper? Seems like noone really likes the corner blocks, i guess when resell later on there wont be much capital growth?i love mine ! one less neighbour and two more car spots
i get about 40m of council land making my block appear bigger too (street appeal )
and really cool development opportunities if i can buy next door down the track due to two street access (s t c a)
i had a friend in canada who bemoaned the fact he had to shovel two lengths of side walk
my house is up high on a quiet sreet so i dont have headlight issues or fear drunk drivers failing to negotiate a bend
cant think of any negatives (other than the snow)smechanic, depending on your fencing, a negative might be that you don't actually have a 'back' yard. Or if you do have one, it wouldn't be as private with a street running down alongside it.
CN wrote:Why are the corner blocks cheaper? Seems like noone really likes the corner blocks, i guess when resell later on there wont be much capital growth?Yes, they are generally less popular especially in newer estates.
Some of the negatives are …
– Feeling of less privacy / security (i.e. "exposed")
– Generally along a road
– Much more nature strip to take landscape / maintain
– Less people to share fencing costs with
– Regarded as bad "feng shui"Of course, there are people who don't mind the above in return for slightly lower prices.
Thanks guys, some very good points
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