We all know that views are a valuable feature of a property, especially in the Eastern Suburbs.

A view is a luxury item and hence more valuable to luxury shoppers. A buyer with a constrained budget will generally be putting it all towards amenity rather than view. The sort of buyer who can pay big money for a view is a buyer with a generous budget allowing for luxuries. Therefore a view is more valuable when its attached to a premium property than when it is part of an average property.

But not all views are created equal.

Before you get too excited about a property having views you need to classify how valuable the particular view & viewing circumstances are.

Factors:

1. What is the view of?
   • District
   • Ocean
   • Skyline: Top Half of Opera House / Harbour Bridge / City
   • Headland
   • Beach
   • Harbour
   • Icons & Harbour: Sydney Opera House and Sydney Harbour Bridge
2. Which side of the house faces the view?
   • Front of house and across the road
   • Side of house
   • Rear or house
3. Where in the house do you see the view from?
   • Attic window
   • Rooftop Terrace
   • Top Level: Master bedroom
   • Top Level: Master & Other Bedrooms
   • Top Level: Living/Entertaining space (ie. Upside-down house)
   • Ground Level Living/Entertaining space
   • Pool/Garden
   • Multiple Levels (eg. Bedroom & Living Level)
   • All levels
4. How good is the property?
   • Average apartment
   • Luxury apartment
   • House on average street
   • House on premium street
5. How safe/sustainable is the view?
   • Is it likely to be built out in the future?
   • Is it unlikely to be built out?
   • Is it impossible to build out?

There are views and there are VIEWS.

Make sure you value the view correctly.