What to look for by river and coast

Western Suburbs Weekly - - Waterfront Living -

WITH its ex­ten­sive coast­line and river, Perth of­fers res­i­dents an out­stand­ing life­style and prop­er­ties close to the wa­ter are of­ten in high de­mand and can com­mand pre­mium prices.

How­ever, there are many fac­tors to con­sider be­fore pur­chas­ing a prop­erty near the wa­ter.

We asked some lo­cal agents to share their tips. Vivien Yap Di­rec­tor, LJ Hooker Clare­mont

Mrs Yap said a wa­ter as­pect would al­ways com­mand ad­di­tional in­ter­est and higher prices.

“A lot of peo­ple as­pire to look­ing out over the river or coast­line,” she said.

“Ide­ally, you would like to have your prime en­ter­tain­ing or liv­ing area ex­posed to wa­ter views, but views from the master bed­room would also be ad­van­ta­geous.”

How­ever, Mrs Yap said while wa­ter views were highly as­pi­ra­tional, for many peo­ple prox­im­ity to the wa­ter was enough.

“The op­por­tu­nity to be able to walk or ride a bike to the beach or river – leav­ing the car in the garage – is a very ap­peal­ing life­style op­por­tu­nity,” she said.

“And these prop­er­ties could nor­mally be pur­chased for a lesser price than those with a wa­ter view.”

Mrs Yap said a prop­erty in­spec­tion was a given part of any prop­erty pur­chase, but even more so when con­sid­er­ing a home close to the coast.

“Salt air can cause cor­ro­sion and the prox­im­ity to the shore­line can mean the home is ex­posed to greater storm and wind ac­tiv­ity,” she said.

“Some­times there can be dam­age to ex­ter­nal elec­tri­cal fit­tings and foun­da­tions as a re­sult of coastal storms, and an in­spec­tor will also be able to pick up whether there has been any wa­ter dam­age from storms.

“If you’re on a canal-front home, proper as­sess­ment of the revet­ment is vi­tal to en­sure it’s ful­fill­ing its pur­pose.

“It’s very im­por­tant to pick these up prior to your pur­chase as there will be no re­course once the home has set­tled.” Natalie Snooks Di­rec­tor, Op­ti­mus Real Es­tate

Ms Snooks spe­cialises in the City Beach area.

She said real es­tate pur­chases all re­lated to lo­ca­tion and when it came to prop­er­ties in coastal suburbs, ocean views were al­ways de­sir­able.

“These prop­er­ties tend to ap­pre­ci­ate more so than prop­er­ties without views,” she said.

How­ever, while wa­ter­front prop­er­ties with un­ob­structed views tended to achieve a pre­mium price, a buyer’s pref­er­ence for one part of a sub­urb over an­other was largely per­sonal.

“For ex­am­ple, City Beach also has an abun­dance of park­lands so

homes ei­ther fac­ing or backing onto park­land are also highly sought af­ter and buy­ers can still take ad­van­tage of the coastal lo­ca­tion,” she said.

When it came to liv­ing along the coast, Ms Snooks said buy­ers also needed to con­sider the prac­ti­cal­i­ties, such as garages to pro­tect cars from the el­e­ments.

“Large block sizes in City Beach usu­ally mean that garag­ing at the homes is gen­er­ous,” she said.

“I also rec­om­mend that all buy­ers make a struc­tural in­spec­tion re­port a con­di­tion of their of­fer. Liv­ing near the ocean does mean that the homes are more prone to wear and tear due to the wind and the salty air.” Suzy Con­stanzo

Sales con­sul­tant, Space Real Es­tate

Ms Costanzo said when look­ing for a wa­ter­front prop­erty, the most im­por­tant con­sid­er­a­tion for buy­ers should be “how do they want to use the prop­erty?”.

“Why do they want a wa­ter­front prop­erty – is it life­style (boat­ing, fish­ing, kayak­ing), whether it be on the river or the sea, or just for a beau­ti­ful out­look,” she said.

“If it is a life­style de­ci­sion, re­search should be done on boat reg­u­la­tions for river or sea, and watch the area at all times of the day to see how much traf­fic oc­curs on the body of wa­ter in front of your prop­erty.

“This will serve two pur­poses, as the buy­ers will also be able to see the wind con­di­tions at dif­fer­ent times of day as well.”

Ms Costanzo said buy­ers should con­tact the lo­cal coun­cil to find out about any re­stric­tions with re­gard to the wa­ter­front on the prop­erty, or re­stric­tions as to any pos­si­ble ren­o­va­tion or build­ing on the prop­erty that faces the wa­ter­front.

“It is per­ti­nent to know prior to pur­chas­ing what a buyer can and can’t do in the fu­ture with a prospec­tive prop­erty pur­chase,” she said.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.