Hi all, im currently looking at a 1 bedroom apartment in seddon, west of melbourne. In terms of capital growth, is there a big difference when comparing a single unit to an apartment in a with a block of 9-10 aparments?
Anecdotally, I suggest the unit would perform better (for interstaters, we call a single level villa a "unit" and what you call a unit an "apartment". If it's a 2 storey unit, we call it a "townhouse" )
Maintenance of Common areas/facilties (apartments have more gadgets to pay for)
Ability to remodel/renovate (more restricted in apartments)