Do property values generally go up when a newer suburb/area if developed adjacent?
Looking at some various areas along the sunshine coast where there are existing houses in the suburbs along the coast, but then there are new developments starting just behind (i.e. to the west).
So in such cases wondering in general how these new areas being developed one suburb back from the water would impact on the prices of the houses that are in the suburb closest to the water. Usually the new areas bring more infra-structure, shops.
Looking at some various areas along the sunshine coast where there are existing houses in the suburbs along the coast, but then there are new developments starting just behind (i.e. to the west).
So in such cases wondering in general how these new areas being developed one suburb back from the water would impact on the prices of the houses that are in the suburb closest to the water. Usually the new areas bring more infra-structure, shops.
