WHAT those features are depends in part on the home's price, size and geographic locale as well as who the buyer is; owner-occupier, investor, or developer.
Some features are more beneficial than others, depending on those categories, and for every feature that appeals to one buyer, there will be another purchaser who wants the exact opposite
Land size: Owner-occupiers generally look for a relatively large block of land, especially if they are considering having a family. However, tenants hate it. A large block of land means more time that they have to spend maintaining the property. They don't want to spend their weekends mowing the landlords' lawn and watering her flowers. Investors generally don't want properties on large blocks due to the maintenance and upkeep issues. However, developers are very interested in the size and dimension of the block.
Size of house: Many tenants prefer larger homes and they are willing to pay more rent for it, where they won't pay more rent for a larger block of land. Owner occupiers try and buy as large a home as their finances will permit. Investors aren't interested in large homes with five and six bedrooms as these can be very hard to rent. For developers, they'd prefer that there wasn't a home on the site as they just want the land.
Period/character style: Owner-occupiers can fall in love with old style houses and pay a premium for them, especially if they are updated. It may seem remarkable that some people will pay more for a 140 year old house than a 40 year old house. Many tenants don't like old houses; they prefer brand new properties. Generally the condition of these properties is great and they have all the modern conveniences that people are looking for such as air conditioning, dish washer and two bathrooms. Commonly investors will also shy away from old properties due to the maintenance issues such as salt damp and cracking. Developers often aren't interested in period style homes for two main reasons. Firstly, they are regularly outbid by the owner-occupier who has fallen in love with the stone front, solid timber floors, fireplaces, high and ornate ceilings. Secondly, there is the risk that these properties might be heritage listed which restricts the development opportunities.
Views: Owner-occupiers love views, especially sea views. Tenants like them but won't necessarily pay extra rent for a view. Short-term/holiday renters are willing pay a huge premium for sea views. Some developers will also pay a premium for views, especially if they are views of water or the CBD. Investors aren't fussed by properties which have views as they realise they will have to pay more for a property with a view but tenants won't necessarily pay any extra rent.