Would you live? Directly next to a TV tower?
Additional question added....
, Dec 01 2012 10:06 AM
27 replies to this topic
Posted 01 December 2012 - 10:06 AM
Would you live directly next to a large TV tower? As in... that is your neighbour?? We are currently looking at a potential house which has been hard to shift due to this. It doesn't really phase me as we could then get a house of a very good size, and probably bargain down in price as its been on the market for a long time. I know the resale value will be the same problem if we ever want to sell, but that is not our intention. We've moved enough and if we do find ourselves in a position to get a loan and buy (we're trying) we do not plan to move.
Would living next door to a TV tower (I mean you couldn't get ANY closer) put YOU off??
*additional question... what do I need to know about 'subject to finance' in a possible offer on a house
Edited by Katakacpk, 01 December 2012 - 07:10 PM.
Posted 01 December 2012 - 10:08 AM
I would be put off.
Posted 01 December 2012 - 10:10 AM
I would be put off.
Why? Because of potential health dangers, noise, the look of it, resale value, or other reason? Genuinely interested to know.
Posted 01 December 2012 - 10:10 AM
Posted 01 December 2012 - 10:12 AM
Thank you that is very useful.
Posted 01 December 2012 - 10:15 AM
Yes, the actual level of electromagnetic energy that may have a health risk is actually much higher and less common than people think. But if you think it may play on your mind, IYKWIM, I wouldn't live there.
Posted 01 December 2012 - 10:17 AM
Yes, because they're ugly. But I could just not look at it, or put in screening plants and use it as a good way of letting people find me.
Posted 01 December 2012 - 10:33 AM
If you are seriously thinking about it, you should get someone to come and measure the radiation readings.
It will always be very hard to re-sell the property, borrow extra money against it etc etc as the 'thing' next to it will always be there. If you ever needed to sell in a hurry, you would not be able to and with real estate, location is everything. You are much better off with a smaller house in a great location.
It may be cheaper than other houses but it's still a lot of money to invest in something that has an 'issue'.
Posted 01 December 2012 - 10:36 AM
I'd be put off. I don't want to live next to an eyesore.
Posted 01 December 2012 - 10:41 AM
No I wouldn't.
As is happening now, when you want to sell it'll be equally difficult to off load.
The value also will not increase as well as other properties in the same area.
Health reasons as well, I'm not convinced there are no adverse effects.
Oh and it's ugly.
Posted 01 December 2012 - 10:46 AM
Health implications (despite what the pp posted I'm probably a paranoid hippy)
Lack of potentional to increase its value
Posted 01 December 2012 - 10:47 AM
we lived across from an electricity pylon & had wires going across part of our property. Coincidence or not, but about 5 immediate neighbours in our small street have died of cancer. So no, I wouldnt buy next to a tv tower.
Posted 01 December 2012 - 10:57 AM
At the right price I would.
Posted 01 December 2012 - 11:17 AM
What if it was on over an acre of land, fantastic backyard for the kids, huge massive house inside that you could tenant off part of it to make back some money from the additional price? Serene, beautiful and private location with views and dirt roads (fire tracks, so not really used by the public - useable for bike tracks for the kids) directly behind (as crown land is your other neighbour).
Its so hard! I guess I'm more interested in the health risks living under a tower. It is screened by some trees so I don't think the eyesore is the factor (ie it is on a top of a mountain, beautiful location otherwise - EXCEPT for the tower next door ;-P).
Basically... if we bought that and tenanted out the self contained cottage section of the house, we'd be in a financially better off situation than we are currently renting. And the house inside is quite amazing. And the main house still has 3 massive living areas, and 5 bedrooms. So there is plenty of space and it is good space. But yeah... it is the tower and health effects.
We've got another house we are interested in, but it is half the size but the land is nice, and in a better location, at a price we were originally thinking. But it is much smaller and won't accommodate all our furniture and lifestyle. And my business would have to be separate in the bungalow and as I work quite late at night, I wouldn't be in the main house which to me would be a little annoying. I would be fine working up there in the day, just not at night.
Edited by Katakacpk, 01 December 2012 - 11:20 AM.
Posted 01 December 2012 - 11:20 AM
Would you be able to get tenants easily?
Posted 01 December 2012 - 01:01 PM
Would you be able to get tenants easily?
It is already tenanted. So we could potentially keep them. Otherwise no problem - there is an incredible shortage or rental places here on the mountain, which is why we have to look at buying.
Posted 01 December 2012 - 01:08 PM
Wouldn't bother me.
Posted 01 December 2012 - 01:09 PM
You'd get good reception.
Posted 01 December 2012 - 01:16 PM
If I wasn't intending to move again (ie. re-sale value isn't a hugely important factor) then yep, I would do it.
Posted 01 December 2012 - 01:17 PM
Yeah I live next to worse.
You'd get good reception.
Posted 01 December 2012 - 01:22 PM
They were trying to sell a house like this on Selling Houses Australia, and they brought experts in to measure the radiation and it's nowhere near the amount considered a health risk. I can't remember it exactly, but I think it was about equal to using a microwave.
Resale would be your only real issue.
Posted 01 December 2012 - 01:36 PM
I wouldn't. Resale value would be decreased even if there are no "proven" health issues.
Plus it's ugly.
Posted 01 December 2012 - 01:43 PM
Probably not (for reasons already posted) but gee your reception would be brilliant!
Posted 01 December 2012 - 01:56 PM
In Sydney there are three TV towers on Sydneys lower north shore in the suburbs of Artarmon, St Leonards and Willoughby. The real estate activity around them is much the same as streets away from the towers. Sales do not seem to be affected even though the tower is clearly visible in photos etc.
The only thing that would put me off is that TV reception immediately near the towers is very bad due to a shdow effect from the tower so the people who live there all have foxtel.
Posted 01 December 2012 - 02:33 PM
I've lived near a TV tower (in an apartment near one of the suburbs mentioned by rose888) and yes, the TV reception was pretty crap.
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