Buying a house on a busy road
October 13, 2009 1:37 AM
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I have been trying to buy a house in the inner-west in Sydney, Australia for several months. Contrary to what's going on in the rest of the world, Oz houses are effing crazy high and have jumped between $20-$100k (esp in my area) in the past year. I have found a good house for a price I can do - but it's on a fairly busy road. Would you want to go to there?
The suburb the house is in is great. The house itself is in excellent condition. It is just on an arterial road, which sounds bad, but the section the house is in is just like a big street, plenty of other houses surround it. It gets busy at certain times of the day, but you can park on the street and it seems fine...I think. The noise seems OK, but what about air-quality? I am a little concerned that my love for this house is partly due to my despair over long term house-hunting. If this particular house was one block away, it would easily fetch $100k over what it's likely to go for.
Do you own a house on a busy road? What's it like? Is living on a such road not a big deal, or is it a deal-breaker?
posted by mooza to home & garden (20 comments total)
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As a property investor, it doesn't affect me. Living there, it did. However the proximity to the city, transport, unis etc made up for the inconvenience (and led to its drastic increase in value). It depends on your personal situation and why you're buying it, eg to live, to rent it out etc. I also had a street light that shone right into my yard. That was one of the most annoying things...
posted by Jubey at 2:30 AM on October 13