{"id":37169,"date":"2022-03-01T11:31:41","date_gmt":"2022-02-28T22:31:41","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=37169"},"modified":"2022-03-01T11:31:41","modified_gmt":"2022-02-28T22:31:41","slug":"the-street-names-that-boast-the-highest-prices","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/the-street-names-that-boast-the-highest-prices\/","title":{"rendered":"The street names that boast the highest prices"},"content":{"rendered":"

PHOTO: Street names with a reference to the beach or a promise of a view can lift the median house price.<\/strong><\/p>\n

Grandview\u2026The Esplanade\u2026The Avenue\u2026some street names just have a nice ring to them. And according to Ray White Chief Economist Nerida Conisbee, they command a higher price tag as a result.<\/p>\n

\"SEXY<\/a><\/div>\n
\n
\n

Sexy real estate agents \u2013 FUN Instagram Page | sexy.agents<\/a><\/h2>\n<\/header>\n<\/div>\n

Ms Conisbee\u00a0and the Ray White team recently conducted research on the street names with the highest median house prices over the past 12 months, along with those that are the lowest.<\/p>\n

\u201c<\/strong>If you are living on Grandview, you would assume, rightly as it turns out, that your home is more expensive than if you were living on Main Road,\u201d she said.So which names are more likely to result in a higher return?\u201cLike a game of Monopoly, it turns out that some street names command a higher price\u00a0than others.\u201d<\/p>\n

\u201cAdding the word \u2018the\u2019 to a street name seems to be one sure way to raise the median price,\u201d Ms Conisbee revealed.<\/p>\n

\u201cLooking at the top 10 most expensive street names, The Esplanade and The Avenue both make the list.<\/p>\n

\u201cThe promise of a view is also a way to get prices up \u2013 Grandview and Seaview provide on average around a 60 per cent premium to Australia\u2019s median house price.\u201d<\/p>\n

Australia\u2019s love of the beach is also reflected in the streets with higher median house prices, with Beach and Ocean making the top list.<\/p>\n

\u201cConversely, while a nearby train line or a major road network is convenient, living on Railway Road pushes down the median. Similarly, Main Road is also on the most affordable list,\u201d Ms Conisbee said.<\/p>\n

\"\"
Source: Ray White<\/strong><\/em><\/figcaption><\/figure>\n

READ MORE VIA ELITE AGENT<\/a><\/p>\n

\n

MOST POPULAR<\/span><\/h3>\n