Building your ideal home – Factors of a good location

Interiors home living room

Most people spend a lot of their time and money on their home, so while finalising a home, it is also important to choose the location of the home. It is possible to renovate or change certain aspects of a home at a later date, however changing the neigbourhood is far more difficult. Home buyers in Perth in Australia can choose from a number of inner suburbs which are listed at the Vision One Homes website.

For building an ideal home, some of the factors which are considered while selecting a good location are discussed here:

1. Socioeconomic background

One of the main considerations while purchasing a home in the inner suburbs of Perth is checking the socioeconomic background of the people living in the suburbs. It is always better for an educated person to purchase a home in a locality where people have a similar educational background and income. People who are uneducated or have less education often have different value systems, and this can lead to crime, fraud and disputes. So it is advisable to check the background of the neighbours before deciding to purchase a house.

2. Shopping

Another factor to be considered while purchasing a home are the shopping facilities which are available. It is always better to purchase a home in an area which has good shopping facilities, since it is convenient as the person can quickly purchase items they want. If there are well stocked shops in the neighbourhood, less time will be spent traveling. However, it should be noted, that having a large shopping mall in the area, can lead to traffic congestion, noise pollution and other similar problems for people in the area.

3. Transport facility

The transportation facilities in each suburb determine the demand and price of property in the suburb. Residents with their own vehicle will prefer to live in a suburb which is close to their place of work, so that they do not have to spend time commuting daily. The public transport facilities like availability of buses, bus routes are also important. If the suburb has a railway station, connecting it to the rest of the city, the demand for property will be higher.

4. Schools, colleges and educational facilities

For families with children, schools, colleges and other educational facilities are a major consideration while selecting a location for their home. Many schools prefer to admit children living in the vicinity, so that these children do not have to waste their time and energy commuting. Parents are worried about the safety of the children, so they prefer to send their children to schools close to their home, so that the child spends less time traveling. Hence, parents will usually select a suburb with good educational facilities.

5. Crime rate

It is important for families and others to check the crime rate in an area where they are planning to build a home. In some areas, crimes like trespassing, robbery and burglary take place frequently, so it is important to check with real estate agents, as well people living in the suburbs, before making a decision on purchasing property.

6. Real estate rates

Finally the decision to purchase a particular home, depends on the real estate rates in the area to a great extent. Most homeowners have a specific budget for their home, based on their savings and income, and they will choose a particular suburb only if they can afford it.

Hence, based on the above factors, a family can decide to choose a location for their home in Perth.