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Buying an apartment ? do I do it or avoid it ?
Manage episode 425097004 series 3572126
Contenido proporcionado por Zaki Ameer. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Zaki Ameer o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
An apartment is a significant investment depending on the location of jobs, industries, and population. If you end up buying an apartment,
According to Zaki Ameer, in Sydney, inner suburbs, Melbourne, inner suburbs, Brisbane, inner suburbs, or even Perth's inner suburbs, that would make sense. Because if you look at the stats behind that, you'll see that apartments do well, or even better than houses, depending on the area. But if you're going to go, say, 200, 300 kilometres out, when there's so much land to be bought. Bought, and you end up buying an apartment, that wouldn't make sense. Let's say someone's only got about $25,000, $30,000 in their bank, and an apartment, depending on the price, and the location is the only way to get in. Well, why not? Because it's not about the look of it.
It's not about the type of property. It's not about the strata. It's about the return and the rent you'll get out of it. And if that is the only capital you have an apartment is a choice as long as you've done your research with the historic growth to figure out what the future might look like.
Yes, most definitely, why not?
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