Beyond the Address: How Location Impacts Your Home and Lifestyle
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Whether you want to be in the heart of the city, close to the coast, or tucked away down a quiet country road, location is always a jewel when finding a home. Although location remains a cornerstone of real estate, but it has evolved.
While it used to primarily focus on being in a popular school zone or having easy access to essential services, today’s buyers are looking for more. It’s no longer just about the suburb, street, or position. House hunters now seek properties that align with their interests, values, and overall well-being, all while staying within their budget.
Why is location so important?
Unlike a dated kitchen or bad wallpaper, one thing buyers can’t change about a property is its address, making location a key factor in any purchase decision.
While affordability determines where people can buy, good neighbourhoods generally have low crime rates and convenient access to shopping, schools, transport links, and medical facilities. For some, being close to Auckland’s North Shore beaches or Wellington’s vibrant inner suburbs may be the dream, while others prefer the tranquillity of smaller towns like Cambridge or Wanaka.
It’s important to remember that everyone’s priorities differ. Young families often prioritise proximity to schools, parks, and reliable transport links to employment hubs. In contrast, older downsizers and retirees may value being near healthcare services, restaurants, and entertainment options. Investors, on the other hand, may target properties in areas popular with students or professionals, such as Christchurch’s Riccarton or Dunedin’s central precinct.
What are buyers looking for in a location?
High-demand suburbs in New Zealand often stand out due to their unique appeal. For example, Mount Eden in Auckland offers excellent schools, local cafes, and a strong sense of community. In Wellington, Island Bay combines coastal charm with easy city access, while Queenstown’s Lake Hayes Estate draws families looking for space and stunning surroundings.
While most homebuyers hope for future value growth, practical needs can sometimes outweigh potential capital gains. A residence on a busy street may not seem ideal at first glance, but for those prioritising access to public transport or living within a sought-after school zone, it might be the perfect fit.
It’s also worth noting that location appeal isn’t limited to major cities. Smaller towns and regional areas like Kerikeri, with its warm climate and lifestyle blocks, or Rolleston, with its family-friendly amenities, continue to attract buyers.
What is a premium location in real estate?
Water views are always highly sought after, whether it’s a home overlooking Lake Taupō or a property near the Bay of Plenty coastline. Similarly, homes near golf courses or green spaces are appealing to many buyers. In urban settings, wide street frontage, elevated positions, and proximity to amenities can add significant value.
Housing affordability has also increased demand for properties with potential for future additions, such as a granny flat. Having the flexibility to expand a property’s functionality can make a location even more attractive to buyers.
How do you know if an area is right for you when purchasing a home?
When searching for a new home, it’s crucial to find a property that suits your needs, but equally important is choosing a neighbourhood that feels like home.
Start by visiting the area in person. Explore the local shops, stroll through nearby parklands, and visit community spaces. Enjoy a coffee at a local café and take note of the area’s vibe. These experiences can help you assess if it’s the right fit for your lifestyle.
Another key step is speaking with a local LJ Hooker agent. They can provide insights into the area, including recent sales trends, demographic information, school catchments, transport options, and accessibility. Importantly, they can guide you through the buying process, helping you find a property that aligns with your goals and budget.
Agents can also help you consider alternative suburbs you might not have initially thought of. For example, if your dream area is out of reach financially, they might recommend nearby suburbs with similar features that are more affordable. Often, it’s about making strategic compromises and planning your journey to your ideal location.
What can be done to increase the appeal of a location?
Certain property features can enhance the appeal of a home regardless of its location. In New Zealand, popular features for buyers include outdoor entertaining areas, modern kitchens, and energy-efficient systems. Simple updates like landscaping, repainting, or adding a new letterbox can boost a property’s street appeal.
If your property is near a busy road, consider adding hedges or fencing to create a private backyard sanctuary. For homes in urban areas, features like off-street parking or a garage can also make a big difference.
Sometimes, small changes can have a big impact. Adding greenery, enhancing outdoor spaces, or making minor interior upgrades can transform a property and make it more desirable to potential buyers.
Location will always be a defining factor in real estate. Whether you’re buying your first home, upgrading, or investing, understanding what makes a location desirable is key. By combining thoughtful research, local knowledge, and strategic planning, you can find a property that meets your needs and provides a great place to call home.