{"id":42887,"date":"2023-05-05T11:17:45","date_gmt":"2023-05-04T23:17:45","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42887"},"modified":"2023-05-05T11:17:45","modified_gmt":"2023-05-04T23:17:45","slug":"property-location-power-rankings-what-aussies-desire-most-when-looking-for-their-next-home-watch","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/property-location-power-rankings-what-aussies-desire-most-when-looking-for-their-next-home-watch\/","title":{"rendered":"Property location power rankings: What Aussies desire most when looking for their next home | WATCH"},"content":{"rendered":"<p><strong>PHOTO: Location, Location, Location<\/strong><\/p>\n<p>There is a time-honoured adage: \u201clocation, location, location\u201d, but does it still ring true today? We asked the experts what Aussies want most in their area.<\/p>\n<div class=\"description g_font-long-format\">\n<p>There is a time-honoured adage: \u201clocation, location, location\u201d, and according to Real Estate Institute of Australia president Hayden Groves, it still rings true today.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/advertising-costs-2020\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/06\/PN-Marketing-Packages-RSIZED-460x270.jpg\" alt=\"Property Noise Advertising\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/06\/PN-Marketing-Packages-RSIZED-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/advertising-costs-2020\/\" rel=\"bookmark\">Property Noise Australia Advertising Rates \u2013 2023<\/a><\/h2>\n<\/header>\n<\/div>\n<\/div>\n<p>Mr Groves said with the current market\u2019s low supply levels, properties in good locations were hard to come by.<\/p>\n<p>While the exact value placed\u00a0on a location will often come down to personal preference, proximity to amenities are still at the top of buyers\u2019 wishlists.<\/p>\n<h2>1. WATER AND GREENERY<\/h2>\n<div class=\"media image kskd-media\" data-kiosked-context-name=\"kskdUIContext_01gzmgdx8v0adks41pwygvbadt\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_large_image\"><img decoding=\"async\" class=\"responsive-img_img inline-image\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/7990f5f8472fcf37bc21c36b2289fb9d\" sizes=\"705px\" alt=\"Suburbs around the harbour or the water will always be front of mind for buyers. Picture: Supplied\" width=\"1280\" height=\"720\" \/><\/div>\n<p><em><strong>Suburbs around the harbour or the water will always be front of mind for buyers. Picture: Supplied<\/strong><\/em><\/div>\n<p class=\"noindent\">According to McGrath Estate Agents chief executive and founder John McGrath, the current No. 1 location driver behind property purchases was beachside or harbourside living.<\/p>\n<p>Mr McGrath said in the post-Covid market, with more buyers working from home, \u201cpeople were re-prioritising lifestyle above access to the CBD\u201d.<\/p>\n<p>He also said tree-lined streets and parks attracted a higher price tag.<\/p>\n<p><iframe title=\"Where are the the hottest suburbs in Australia? | Hot 100 Suburbs\" width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/Y1b6fr_RvkE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Advantage Property Consulting director Frank Valentic agreed, stating beachside living could add as much as a 30 per cent premium.<\/p>\n<p>Mr Valentic said the ability to duck across the road for a swim or walk along the water was invaluable.<\/p>\n<p>\u201cWhether it\u2019s Sydney, Adelaide or Melbourne, the closer you go to the beaches or harbour, buyers will pay that premium,\u201d he said.<\/p>\n<h2>2. VIEWS AND ASPECT<\/h2>\n<div class=\"media image kskd-media\" data-kiosked-context-name=\"kskdUIContext_01gzmgdx8xv0hw2bsayhrmk7ct\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_large_image\"><img decoding=\"async\" class=\"responsive-img_img inline-image\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/04003f7b58999d7e594e66ed2e140587\" sizes=\"705px\" alt=\"Which way your home faces can be a big factor in what your value is worth.\" width=\"1280\" height=\"720\" \/><\/div>\n<p><em><strong>Which way your home faces can be a big factor in what your value is worth.<\/strong><\/em><\/div>\n<p class=\"noindent\">Whether it be of the city, bay or a park, homes with attractive views are likely to be highly sought after.<\/p>\n<p>Mr Valentic said there were \u201conly so many homes that have views\u201d, ensuring their ongoing demand.<\/p>\n<p>\u201cA nice view will always sell for more \u2013 you\u2019ll always pay more but you\u2019ll get a better return,\u201d he said.<\/p>\n<p>Mr McGrath added that the aspect\u00a0of a home could also be a deciding factor. He said rear-to-north-facing properties would \u201coften outperform south-facing by 20-25 per cent in value\u201d.<\/p>\n<h2>3. SCHOOLS AND SCHOOL ZONES<\/h2>\n<div class=\"media image kskd-media\" data-kiosked-context-name=\"kskdUIContext_01gzmgdx8v0adks41pwygvbadt\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_large_image\"><img loading=\"lazy\" decoding=\"async\" class=\"responsive-img_img inline-image\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/32d8c5811bdee9121d8d3c4ce620993a\" sizes=\"705px\" alt=\"Finding a home in a school zone is always front of mind for buyers with young children.\" width=\"1280\" height=\"720\" \/><\/div>\n<p><em><strong>Finding a home in a school zone is always front of mind for buyers with young children.<\/strong><\/em><\/div>\n<p class=\"noindent\">For many buyers, the education offering near a home can also be a major sticking point.<\/p>\n<p>Mr Valentic said a home in a quality public school zone, such as Balwyn North in Melbourne, could offset the need for buyers to send their children to expensive private schools.<\/p>\n<p>He said once buyers worked out how much they were splashing on school fees, paying an extra $200,000-$300,000 on a home was often worth it.<\/p>\n<p>Furthermore, Mr Groves said such features could also \u201chold up the property\u2019s value during downward property cycles\u201d.<\/p>\n<h2>4. CAFES AND SHOPS<\/h2>\n<div class=\"media image kskd-media\" data-kiosked-context-name=\"kskdUIContext_01gzmgdx8v0adks41pwygvbadt\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_large_image\"><img loading=\"lazy\" decoding=\"async\" class=\"responsive-img_img inline-image\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/dd1827b6664f0290c6950ebf7131be0d\" sizes=\"705px\" alt=\"More emphasis is being placed on homes with vibrant local communities and villages.\" width=\"1280\" height=\"720\" \/><\/div>\n<p><em><strong>More emphasis is being placed on homes with vibrant local communities and villages.<\/strong><\/em><\/div>\n<p class=\"noindent\">In the wake of the Covid-19 pandemic, Mr McGrath said buyers were \u201cseeking out areas with vibrant local communities and villages\u201d, which was particularly true with more people working from home.<\/p>\n<p>\u201cCafe culture and local village shopping is more attractive now as people return to loving local more,\u201d Mr McGrath said.<\/p>\n<p>He added that Sydney\u2019s Summer Hill, Marrickville and Putney were prime examples of suburbs with a vibrant cafe culture.<\/p>\n<p>Mr Groves advised buyers to \u201cbuy property that needs work in a stronger location\u201d, rather than a new home in the outer fringes of a city.<\/p>\n<p>\u201cLand appreciates, buildings depreciate,\u201d he said.<\/p>\n<hr \/>\n<h2>TOP VALUE AMENITIES<\/h2>\n<h3>\u2022\u00a0<b>Room with a view<\/b><\/h3>\n<p id=\"U822960635479daD\" class=\"noindent\">If your property boasts an attractive view, this could increase its value by up to 20-50 per cent.<\/p>\n<h3>\u2022\u00a0<b>Beachside \u2018burbs<\/b><\/h3>\n<p id=\"U822960635479nBB\">Properties near the beach can sell for up to 20-30 per cent more, particularly in the holiday home market.<\/p>\n<h3>\u2022\u00a0<b>School zones<\/b><\/h3>\n<p id=\"U822960635479r8G\">A home in a quality school zone or in proximity to local schools can add 20-25 per cent to its value.<\/p>\n<h3>\u2022<b>\u00a0Cafes and shops<\/b><\/h3>\n<p id=\"U822960635479BZB\">Add up to 20 per cent to your home\u2019s value by living near local shops, cafes and restaurants.<\/p>\n<h3><b>\u2022Suss it out<\/b><\/h3>\n<p id=\"U822960635479tOB\">If you\u2019re unsure, websites such\u00a0as walkscore.com can show you which key amenities are in a property\u2019s immediate neighbourhood.<\/p>\n<p id=\"U822830188409M1B\"><i>Source: Advantage Property Consulting director Frank Valentic<\/i><\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/melbourne-vic\/property-location-power-rankings-what-aussies-desire-most-when-looking-for-their-next-home\/news-story\/f1f0f2fd84d82eb224132b7ffbcf196a\">NEWS.COM.AU<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST VIEWED NEWS<\/span><\/h3>\n<ul class=\"wpp-list\">\n<li><a class=\"wpp-post-title\" 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rel=\"noopener\">Abandoned land for sale<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/rundown-villa-gets-nine-offers\/\" target=\"_self\" rel=\"noopener\">Rundown villa gets nine offers<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Location, Location, Location There is a time-honoured adage: \u201clocation,<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/property-location-power-rankings-what-aussies-desire-most-when-looking-for-their-next-home-watch\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":30433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478099140,478098521,478101459,478098519,478107296,478098873,478125268,478098579,478098510,478098511,478098509,478107281],"class_list":["entry","author-data123nz","post-42887","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-suburbs","tag-australians","tag-frank-valentic","tag-home-ownership","tag-location","tag-property-investment","tag-property-location","tag-property-market","tag-property-news","tag-real-estate","tag-real-estate-news","tag-top-suburbs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property location power rankings: What Aussies desire most when looking for their next home | WATCH - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/property-location-power-rankings-what-aussies-desire-most-when-looking-for-their-next-home-watch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property location power rankings: What Aussies desire most when looking for their next home | WATCH - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Location, Location, Location There is a time-honoured adage: \u201clocation,Read More &rarr;\" \/>\n<meta property=\"og:url\" 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