Ask Michael Anything [Video] – 1 bedroom apartment vs. Location

When it comes to apartments – does size always matter?

Watch as I discuss the benefits of choosing the right 1 bedroom apartment in a good suburb versus a bigger apartment in a non performing suburb.

This week’s question:

I’m a beginning investor and my budget only allows me to buy a 1 bedroom apartment in the suburb I’ve selected.

Some people frown on 1 bedroom apartment.

Michael – what’s your thoughts?

Should I look at them, or should I go further out from the CBD for a 2-bedroom apartment?

– Asleigh

YOU MAY ALSO BE INTERESTED IN:

ASK MICHAEL ANYTHING [VIDEO] – WHAT IS THE WORST INVESTMENT ADVICE?

ASK MICHAEL ANYTHING [VIDEO] – LIVING OFF EQUITY

ASK MICHAEL ANYTHING [VIDEO] – WHAT ARE THE IMPLICATIONS FOR BEGINNING INVESTORS?

About Michael Yardney

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au

'Ask Michael Anything [Video] – 1 bedroom apartment vs. Location' have 3 comments

September 11, 2017 Bruce Lumsden

Thank you Michael, I will be in touch with you.
Regards, Bruce.

Reply
September 8, 2017 Bruce Lumsden

Hi Michael.
As you know, I have 3 one bedders in Murrumbeena,and there has been no capitol growth at all during the past 7 – 8 years. What is your explanation for this?
Kindest regards, Bruce.

Reply
- September 10, 2017 Michael Yardney
  
  Hi Bruce – I remember your bought those apartments yourself years ago. It’s probably time for you to come in and have your annual review and see how your properties are really performing
  
  Reply