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Pros and cons of buying a house on a main road

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Smart Home Loan

The Smart Home Loan is our super-low rate loan that will save you money on interest and fees.

  • 4.23%
    variable rate p.a.**
  • 4.25%
    comparison rate p.a.*

Finding the perfect house can be tough as there are lots of aspects to consider. One important issue is whether to buy a property in a busy location or a quiet one.

Buying a house on a main road is a good option if you value convenience, accessibility, and proximity to the city. If you’re considering choosing this route, it is helpful to weigh the advantages and disadvantages first.

So here are the pros and cons of living in a busy street:

Pros of buying a house on a main road

Proximity to public transportation

Living on a main road or a busy street will give you the benefit of easily hopping off and on a bus or whatever form of transportation you use. It’s likely that you will be near a bus stop or a train station so the ease of using public transportation is a huge plus when living on a main street.

Walking distance to amenities

If you’re the type of person who wants to be right next to lifestyle amenities such as restaurants, cafes and shops then buying a house on a main road may be right for you. Plus, the streets are well lit with many people around, so walking around may feel safer.

Access to the CBD and schools

A house on a main street will give you easier access to your job. It is usually an easier commute or walk, resulting in a shorter travel times and lower transportation expenses.

It’s a cheaper purchase

Not a lot of homebuyers are attracted to the idea of living on a main road because they are generally noisier. But if you want to be in the hustle and bustle of the city, then buying a house on a main street may be worth it since you can often buy these properties at a significant discount.  

Cons of buying a house on a main street

Noise

The main concern when buying a house on a main street is the noise. This is the reason there is less demand for these properties. But if you buy a property with well-insulated windows and doors you can reduce the amount of noise you'll be able to hear from outside.

Pollution 

A lot of cars drive past houses on a main street so the quality of the air can be an issue. If you have health problems, this can be a big concern.

Lack of privacy

With a lot of people passing by you may feel like there isn't much privacy. It can also be dangerous for your kids to play in the street because of the busy road.

Hard to sell

It is cheaper to buy on a busy street but it's also harder to sell and it takes longer. How long will depend on the street, the neighbourhood, the amount of traffic, and also the quality of the house. So it’s still best to consult with a qualified valuer to put the right price on your house.

About the article

As Australia's leading online lender, loans.com.au has been helping people into their dream homes and cars for more than 10 years. Our content is written and reviewed by experienced financial experts. The information we provide is general in nature and does not take into account your personal objectives or needs. If you'd like to chat to one of our lending specialists about a home or car loan, contact us on Live Chat or by calling 13 10 90.