Melbourne Apartments: 9 Reasons To Avoid CBD Apartments

When buying new apartments and townhouses there are several reasons to stay away from the CBD and nearby postcodes such as Southbank, Docklands and South Yarra. 

This is of course assuming you wish to invest your money wisely and secure the best possible capital growth and maximize your rental income.

  High Density Apartments Deliver Lower Returns

High Density Apartments Deliver Lower Returns

We have come up with 9 main reasons to look outside the CBD when purchasing your next investment property.

Actually, these points also apply to you if you are considering buying as an owner occupied to live in the property yourself. This is because at some time in the future you will need to sell and you should always ensure your property will appeal to all types of buyers, both owner occupied and investors alike.

The following 9 reasons to avoid buying an apartment in the CBD are well covered in the full article which you can gain immediate access below.

9 Reasons To Avoid Buying CBD Apartments

  1. Supply
  2. Demand
  3. Quality Tenants
     
  4. Value
  5. Capital Growth
  6. Construction Timelines
     
  7. Return On Investment
  8. Body Corporate Fees
  9. Car Parking

Free Download Below: 9 Reasons To Avoid CBD Apartments

Written By Darryl Simms & published on Linkedin Pulse