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?

• Also read:Latest property price forecasts for 2024 revealed. What’s ahead in our housing markets in the next year or two?
• Also read:Fastest growing cities in Australia 2024
• Also read:Melbourne property market forecast for 2024
• Also read:Brisbane’s property market forecast for 2024
• Also read:Sydney property market forecast for 2024

– Asleigh

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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 one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.