Tuesday, June 14, 2011

Access to Transport Number One for Buyers

According to a survey by PRDnationwide, 57 per cent of home buyers considered public transport as the most important amenity to have nearby when purchasing a property.

PRDnationwide research director Aaron Maskrey said increasingly congested roads and rising fuel costs meant public transport was now higher on buyers’ wish lists than ever before.

“A reliable train, bus or ferry terminal nearby can add thousands to the purchase price and create greater competition for the property,” he said.

The survey also found 16 per cent considered a supermarket was paramount while 12 per cent felt a café or restaurant was most important to have close by.

Mr Maskrey said seeking out good amenity is a priority for many house hunters – including first home buyers.

“Buyers crave convenience,” he said.

Mr Maskrey said only eight per cent wanted a school in close proximity.

“People are choosing a property based on how it fits into their lifestyle – not just how many bedrooms and bathroom it has,” he said.

http://www.prdnationwide.com.au/site/page.cfm?u=57

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