Hi peeps,
My wife and I are looking to purchase a land in Mernda village which is positioned across a big block, designated for future medium density dwellings. Our friends and family have suggested not to purchase this block with reasons such as possibility of high noise level as well as the possibility that our house value will not be as high due to the surroundings. I should add that the land that we are interested in is within walking distance to future shopping district, school and a park.
My wife and I really like the land but now concern with the possible issues raised by our friends and family.
Do you guys think their concerns are reasonable? What will be the disadvantages and advantages with living in close proximity to townhouses (medium density dwellings)?
All comments and suggestions will be appreciated.
Thanks in advance,
Taz