House vs Apartment – Choosing The Right Property

Once you’ve identified a promising location, the next step is selecting the right property. Your decision should align with your budget and investment strategy, considering factors such as property type, features, and condition.

House vs. Apartment: Deciding on the Best Fit

Choosing between a house and an apartment is a pivotal decision. Apartments, generally more affordable, are concentrated in city centers or inner suburbs. They often yield higher rental returns and are suitable for those with budget constraints. On the other hand, houses, though pricier, tend to experience stronger capital growth due to the land component.

Consider Townhouses, Duplexes, and Villas

Properties like townhouses, duplexes, and villas offer a balance between houses and apartments. With lower maintenance requirements and potential for development, they provide diverse investment opportunities.

Features to Look For in an Investment Property:

  • Natural light
  • Outdoor space
  • Second bathroom or en suite
  • Parking space
  • Living spaces suitable for the target demographic
  • Minimal maintenance
  • Broad appeal

Features to Avoid:

  • Main road location
  • Proximity to high-voltage power lines and phone towers
  • Overlooked windows and outdoor areas
  • Lack of natural light
  • Poor builder or developer reputation

This year, Keystone has a mixture of high-end townhouse developments and estate house and land packages in development, all built by OJ Pippin Homes, a well-known custom home builder known for their quality design and finishes ensuring every build has all the must-have features of an investment home. If you are interested in finding your next investment property, reach out to our team today.