Are the houses in this area expensive? Are the houses safe or not? Whether or not the place is close to where I work? Is it next to any train station? Is there any supermarket??? ......
According to real estate information network Domain, the financial price-comparison site Finder.com.au recently made a survey among Australian people: while choosing residential areas what are the major factors you consider about?
The results showed that half of the more than 1,000 respondents cited housing costs as their top consideration. They then looked at factors such as how quiet the neighborhood was, crime rates, whether there was a supermarket, workplace or train station.
Australia is currently the third most unaffordable country for housing in the OECD, with a price-to-income ratio only lower than that of New Zealand and Canada.
With the exception of Tasmania having the cheapest housing prices, buyers in other parts of Australia consider housing cost as the first consideration when choosing a residential area. Without economic foundation, how to talk about the superstructure, so it is necessary to consider the housing prices at first.
In fact, Australia has special regulations on noise control and management, which have different time limits on all kinds of noise generated by residential areas. After 8 p.m., for example, electric tools generally are not allowed to be used, instruments and electronic amplification equipment are not allowed to be used after 10 p.m.. If your neighbor's dog barks all the time, you can complain to the local city council.
Australia is a country with low crime rate. According to the national murder crime monitoring report published by research institute of criminology in the beginning of the year, the murder rate has fallen to historic lows in Australia in 2016, the average is eleven out of ten thousand. The homicide rate has been on a long-term downward trend, down 18% from 25 years ago.
People in Victoria and South Australia, in particular, like to live close to families, placing this point at third and people in other states placing it at sixth. Parts of high prices and scarcity of housing may be why people have to live far away from families.
A large supermarket once made a questionnaire survey and found that the shopping habit of Australians was changing. Australians’ shopping frequency per week had increased. Therefore, shopping convenience become more and more important to choose the room.
Most of the employment opportunities in Australia are concentrated in the central business district and suburban areas of the capital city. Due to the reasons such as increasing housing prices, limited housing supply, lacking the ability to burden or lifestyle choice and so on, most office workers often cannot live near the workplace.
Last year, a survey showed that about 4 million Australians searched Australian school district houses on Google every month, proving that school district is one of the key factors that Australian families consider when buying a house.
A survey on the commuting modes of Australians found that more than two-thirds of Australians drive to and from work, resulting in frequent traffic jams in cities during rush hour. If housing and working place is not far from the railway station, the time consuming by train is likely to be shorter than driving to work.
The choice of which district to live in is often the result of various factors weighing each other. From an investment perspective, the ideal property would be better to attract self-living buyers since the buyers can sell the house at a good price, achieving optimal capital growth if they want to sell the house in the future.
In general, the following criteria can be used to consider the selectivity of cost-effective housing types:
*near the CBD or regional center of five capital cities
*close to living facilities (shopping centers, schools, restaurants, coffee shops, parks, entertainment, etc.)
*near the transportation (the train, bus or ferry)
*scarcity ( famous designers, famous developers)
*a landscape (waterscape, city landscape, park, etc.)
*high quality (attract high-end buyers and tenants in the future)
*have characteristics and value-added power (large infrastructure construction, large-scale governmental and private enterprises investment)
*currently being undervalued but have greater appreciation potential