I am looking at some older style south yarra apartments, in blocks of 20 and below and between 45-50sqm for a 1 bedder. This is as an investment
My question is; does the huge influx of high rise apartments in this suburb make these older complexes less desirable? In one hand I can see potential renters want to stay in a brand new high rise with a swimming pool and so on.
On the other hand, these represent better value for money when renting out, and also are usually bigger in size
Thanks for the input
My question is; does the huge influx of high rise apartments in this suburb make these older complexes less desirable? In one hand I can see potential renters want to stay in a brand new high rise with a swimming pool and so on.
On the other hand, these represent better value for money when renting out, and also are usually bigger in size
Thanks for the input