o Easy access Is the unit close to lifestyle areas or within walking distance of cafes, shops and beaches?
o City location Is the unit in a densely populated region such as a capital city or major regional centre?
o Uniqueness Is the property in a large complex with hundreds of properties or is it more unique?
o Parking Does the apartment have a lock up garage or a car space?
o Renovations potential Is there any potential to freshen up the unit’s look and will the strata allow a reno project to go ahead unhindered?
o Good rents
Does your research suggest similar apartments in the area get good rental returns?
o Internal size If it is a one bedroom unit, is it at least 50 sqm? If it is two bedrooms is it at least +75 sqm? If it is three bedrooms or more, is it larger than 120 sqm?
o Body corporate fees Does the owners corporation charge high maintenance fees and does this include expensive services such as lifts?
o Proximity to transport Are their train or tram stations as well as permanent bus routes nearby?
o The floor plan Is the layout of the unit practical and useable? If it’s a small unit, is it open plan?
o Acoustics Will sound travel easily throughout both the unit and complex or will noise be contained?
o Laundry Is their a shared laundry facility or does the unit have its own?
o The view Is what tenants will see out their windows everyday appealing or at least neutral?
o Construction Is the outside made of good quality brick or a cheap, easily degradable material?
o Privacy Will the unit provide tenants reasonable enough privacy not to restrict what they can do in their private lives?
o Extras Does the unit have extra features such as a private balcony or an outdoor area?
Do you have more than $200k in your super fund? You could use your super to buy property - Find out how
Top Suburbs :
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out