Apartment vs House?
Until recently, the Aussie quarter-acre block won hands down
- Apartments were considered a stepping-stone – the first rung on the property ladder; until now.
- 78% – increase in occupied apartments over the last 25 years*
- We are working longer hours (even when working remotely).
- Convenience
- Choice
- Little or No Commute
- Apartments are often located either in capital cities or close to the beach.
- Residents live, learn work, stay or play with convenience.
- Your café, hairdresser, market are close-by – often in the ground floor of your building.
- You can leave the car at home.
- Leave the renovating to Netflix reality stars. According to hospital casualty statistics, DIY hand injuries have increased by 70% in the past five years) Ouch!
- Houses require maintenance. Apartments are generally designed for easy up-keep, and strata fees will often include property maintenance.
- Mortgage repayments are usually lower for apartments than house loans.
- Utilities bills can also be lower. Many modern units are well-insulated, naturally ventilated, use current technology and incorporate principles of passive design.
- Wellness is important. It’s reassuring to know that there’s someone close by.
- Your highly desirable property can be transformed into an investment property if you need.
- Mighty fine reasons to make your next home a stylish apartment.
