Just to set the scene, the suburb is less than 10km from Sydney and will be undergoing gentrification soon. It's also close to the bay run.
Here's my attempt at answering Bayview's questions, plus some:
1. It's not on a main road
2. It's moments from the bus stop (<5min walk)
3. The suburb has no train line and no foreseeable plans to build one.
4. <10 min drive to the ferry
5. Two streets away from a primary school
6. Moments from cafe/deli/supermarket/library etc (<5min walk)
7. No parking in front of the house
8. Car park is generally full so people also park on the street
MTR, those are my concerns and it's doing my head in!!
I am now very anal when it comes to location... as we purchased opposite a primary school 21 years ago, lived there for 16 years, I was never happy with the location, in fact it made me miserable, ie noise, people parking on my verge, litter, people utilising school on w/ends and many more issues.
I was also concerned it would not sell due to location, when we finally decided to sell, it sold before it hit the market, the people interested were those who had young children and saw the benefits/convenience living opp a school. Perhaps I got a little paranoid, funny thing is we purchased it for $185,000 and sold it 16 years later for $1.325M (5 years ago now), one of the best performing properties we ever owned.
A side issue, the school got burnt down by some children, I think 2 years ago now, its costing government $8M to rebuild, there is no control with regards to what Government will build, I would expect a much larger building, considering the area is surrounded by period homes this would definitely kill the street scape.
My point is if you have concerns about the public parking and this will be your primary residence don't buy it, you are kidding yourself because it will always be an issue, I know been down this road. Buy in the best location that you can afford and keep your sanity.
MTR