Morning Briefing: Survey reveals property turn-offs for Australians

StartFragmentSurvey reveals major property turn-offs for Australians High crime rates are the major turn off for Australians when it comes to making a property purchase according to the results of a new survey. Carried out by, the survey of more than 2,000 Australians found that 75% of people would not by a home in an area that had higher than average crime rate. Being close to noisy pub would also stop 68% of people from buying a home in a particular area, while 64% said they would not buy in an industrial suburb. In comparison, only 36% of Australians would be put off buying in a neighbourhood where public housing is present, while both being within two kilometres of brothel or being in an area with an above average unemployment rate would only deter 33% of people. Smaller things that would deter people from buying a home included if it was a deceased estate (12%), if it was located within two kilometres of a fast food chain (7%), if the suburb lacked “trendiness” (7%) and if the street number was 13 (5%). Victorian government unveils apartment design standards Melbourne has been a popular choice for apartment developer in recent years, but they may soon have to reconsider future projects as the Victorian government takes the next step in updating minimum design standards. The Victorian government started the process of updating minimum design standards for apartments in May 2015 and this week released its proposed new standards for public consultation. The proposed minimum standards are aimed at improving the quality and liveability of apartments in the state and were partly developed in response to the number of sub-standard apartments that have sprung up in Melbourne in recent years. “Twenty years ago, apartments represented just 5% of all new dwellings constructed in Victoria. Today they account for more than 33,” Victorian Minister for Planning Richard Wynne said. EndFragment

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