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I think it's more to do with a mixture of natural features (eg the coast and hills) and history. Eastern suburbs of some cities (eg Perth, Adelaide and Melbourne) abut a mountain range hence get more rain and are greener than the more arid western plains. Although in the Victorian town of...

Hence it's better to buy business/commercial/industrial/retail property (ie workplaces) in the west and homes in the east, so that you can promise all tenants that sun won't get in their eyes (assuming standard working hours). Rgds, Peter

If this was true, Penrith and Ipswich would have overtaken Sydney and Brisbane CBDs as THE place to do business by now. And no one would want to commute to a workplace anywhere along the east coast. If reduced to another Sydney-Melbourne thing - more of Melbourne lives in the east, whereas...

I'm about to add a couple more :D After graphing average suburban prices along particular radial corridors extending from the CBD I can confirm that average prices do indeed fall off with distance. However the rate of fall-off differs with what side of the city it's on. For...

This is true if you are looking for a PPOR, but shouldn't come into it if you want to buy for investment purposes. If some irrational factor causes an owner-occupier to offer more than you as an investor think it's worth, then let them have it ;) The individual factor would be most...

Having established that: 1. Proximity to certain facilities increases the appeal of a site and 2. The rise in value caused by a particular facility is not necessarily linearly related to the site's distance from it I then considered whether it was possible to develop a formula for...

Mark, you are quite right. One could also add that the prestige of a beach has nothing to do with its inherent swimming, surfing, dogwalking, fishing, shellfinding or sandcastle-building qualities. This point is confirmed by the number of beachside mansions that have their own...

This post is the product of further thought since identifying and describing the 'beach-price gradient' here http://www.somersoft.com/forums/showthread.php?t=19895 Much advice on investment property selection focuses on its location and ther area's future prospects for capital growth and...