The Times Australia
The Times Real Estate

.
Men's Weekly

.

5 Reasons Why a Good Location Is Crucial in Real Estate

  • Written by NewsServices.com

When researching factors you need to consider when buying a house or land, location often tops the list. Most people don't often realize the importance of looking for a strategic location until it's too late and they have made the purchase. If you purchase a spacious house with all the amenities in a dangerous or unfavorable neighborhood, you might have trouble reselling it. Most realtors will often tell you to look for the worst-looking house in a good neighborhood and renovate it. This will often yield a higher return on investment. So, if you are looking for a favorable location, you can research to find your forever home in Clyde North. This article will explore why a good location is crucial in real estate.

Why is Location Important?

When buying a home, you can renovate it but not change where it's situated. Most people are often excited by how beautiful the house looks and sometimes forget to confirm the location. You should choose a good location that you can easily access and have growth potential, especially when investing in real estate. It's important to note that buying an apartment in a city can also be a bad or good investment depending on the location.

Factors that are Core to Location

You should note that location can mean different people, but there are common factors, especially when determining the home's value. Depending on your preference, you might fail to buy a house with all these factors. When hunting for a home, you must consider the nearby amenities. As a buyer, you need to consider things like grocery stores and the means of transport. Below are some of the core factors that you need to consider.

  1. Centrality 

When looking for a house, you need to consider the centrality of its location. When buying land or a house in a highly developed city, chances are you will have to pay a lot of money since such cities have little room for expansion. However, the prices will be fair when buying from cities with too much room for expansion. It's crucial to research if there will be any changes in the area, such as construction and planned development.

  1. Neighborhood

When looking for a location, it's important to consider your neighborhood setting. When looking for a good neighborhood, you must consider accessibility, amenities, and appearance. You should also note that your neighborhood can dictate the size of the lot on which your house is built. If you are considering accessibility, you need to consider looking for a neighborhood near a city's major transit routes with more than one entry point. This will enable you to go to and from work with ease.

  1. Development

It's vital to evaluate your new area for the development level that is currently and in the future one as well. You need to look for a neighborhood with plans for improved public transportation, hospitals, new schools, and other civic infrastructure, as they can help improve the value of properties in that area.

Bottom Line!

When looking for a place to stay, it's important to look for a location that accommodates your needs, such as accessibility. Always research the upcoming development expected in the area and the zoning regulation to ensure you find the right place.

Property Times

Choosing the Wrong Agent Is the #1 Regret Among Aussie Property Sellers

Selling your home is often one of the largest financial transactions you’ll make, and for many Australians, it’s also one of the most emotional. A new survey of Australian home sellers has revealed that their number one regret is having not selected...

Vietnam's "Gold Coast" Emerges as Extraordinary Investment Frontier and Australian Inspired Way of Life

$2 Billion super-city in Vung Tau set to replicate Australia's Gold Coast success story A culturally metamorphic development aptly named "Gold Coast" is set to reshape Vietnam's southern coast below Ho Chi Minh City, becoming a major investment...

First Home Buyers in Melbourne: 3 Key Statistics Proving Why Home & Land Packages Are Your Best Bet in 2025

Stepping into the Melbourne property market for the first time can feel like navigating a maze without a map. Prices, deposits, and decisions stack up fast. But here’s the good news: home and land packages are helping first home buyers get ahead in...

Off-the-Plan Sales Launched for $22 Million Ultra-Luxury Project ‘Vellora’ Set to Redefine Luxury Living in Brisbane’s St Lucia

A new standard of architectural distinction and elevated living is taking shape in one of Brisbane’s most coveted riverside suburbs, with off-the-plan sales officially launching for Vellora last night at an exclusive buyers’ event at The Powerh...

Times Magazine

Effective Commercial Pest Control Solutions for a Safer Workplace

Keeping a workplace clean, safe, and free from pests is essential for maintaining productivity, protecting employee health, and upholding a company's reputation. Pests pose health risks, can cause structural damage, and can lead to serious legal an...

The Science Behind Reverse Osmosis and Why It Matters

What is reverse osmosis? Reverse osmosis (RO) is a water purification process that removes contaminants by forcing water through a semi-permeable membrane. This membrane allows only water molecules to pass through while blocking impurities such as...

Foodbank Queensland celebrates local hero for National Volunteer Week

Stephen Carey is a bit bananas.   He splits his time between his insurance broker business, caring for his young family, and volunteering for Foodbank Queensland one day a week. He’s even run the Bridge to Brisbane in a banana suit to raise mon...

Senior of the Year Nominations Open

The Allan Labor Government is encouraging all Victorians to recognise the valuable contributions of older members of our community by nominating them for the 2025 Victorian Senior of the Year Awards.  Minister for Ageing Ingrid Stitt today annou...

CNC Machining Meets Stage Design - Black Swan State Theatre Company & Tommotek

When artistry meets precision engineering, incredible things happen. That’s exactly what unfolded when Tommotek worked alongside the Black Swan State Theatre Company on several of their innovative stage productions. With tight deadlines and intrica...

Uniden Baby Video Monitor Review

Uniden has released another award-winning product as part of their ‘Baby Watch’ series. The BW4501 Baby Monitor is an easy to use camera for keeping eyes and ears on your little one. The camera is easy to set up and can be mounted to the wall or a...

The Times Features

Running Across Australia: What Really Holds the Body Together?

How William Goodge’s 3,800km run reveals the connection between movement, mindset, and mental resilience As a business owner, I’ve come to realise that the biggest wins rarely c...

Telehealth is Transforming Healthcare Services in Australia

It has traditionally not been easy to access timely healthcare in Australia, particularly for people who live in remote areas. Many of them spend hours on the road just to see a...

Launchd Acquires Huume, Strengthening Creative Firepower Across Talent-Led Marketing

Launchd, a leader in talent, technology and brand partnerships, has announced its acquisition of influencer talent management agency Huume from IZEA. The move comes as the medi...

Vietnam's "Gold Coast" Emerges as Extraordinary Investment Frontier and Australian Inspired Way of Life

$2 Billion super-city in Vung Tau set to replicate Australia's Gold Coast success story A culturally metamorphic development aptly named "Gold Coast" is set to reshape Vietna...

Choosing the Wrong Agent Is the #1 Regret Among Aussie Property Sellers

Selling your home is often one of the largest financial transactions you’ll make, and for many Australians, it’s also one of the most emotional. A new survey of Australian home se...

Travel Insurance for Families: What Does it Cover and Why it’s Essential

Planning a family trip is exciting, but unexpected mishaps can turn your dream vacation into a stressful ordeal. That’s where travel insurance comes in—it’s your safety net when ...