Empty block (Council land) next to house

Does it matter if next door to the house is empty block (council land) when selling property?
Apparently sewage is running thru that block and will not be privatized or built on it...
Do buyers prefer neighboring house or empty block?

What do you prefer and why?

I personally feel more secure if I have house next door so its less chance someone will jump over the fence into my backyard or throw things...
 
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