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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: apartment

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

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About

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

  1. Avatar for Property Update

    September 8, 2017 @ 5:27 pm 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

    • Avatar for Property Update

      September 10, 2017 @ 6:58 pm 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

  2. Avatar for Property Update

    September 11, 2017 @ 3:00 pm Bruce Lumsden

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

    Reply


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