Should You Be Investing In One Bedroom Apartments?

With property values on the rise in Sydney, seasoned property investors are enticed towards investing in one bedroom apartments. Rightfully so, as they are an affordable and practical investment option. They are the ideal entry point in the property market, even for homebuyers. 

The apartment culture has emerged as a lifesaver for those first-time homebuyers. And these one-bedroom apartments are ideal compact living spaces for small families and bachelors. They are also a great option for retirees who seek a comfortable house in a peaceful vicinity. 

Many factors like increasing return value and low house prices make these apartments a treasure trove of real estate investment. Apartments that are closer to transit, employment centers, schools, and downtown are desirable. This means a well-designed one-bedroom apartment investment option in a prime location is an excellent investment. 

But are one-bedroom apartments the right investment for you? Read further to make an informed decision by weighing in all the factors. 

4 Factors To Consider Before Investing

Investing in one bedroom apartments is one of the cheapest and wisest investments. This option is also tempting for renters and tenants in the long term. This is how rental yield as returns ensure a secure and positive cash flow. Moreover, property management for these apartments is also easy.  

There are four factors that you must consider beforehand for investing in a one-bedroom apartment. 

1. Property Location

The location of your apartment is the most crucial aspect that you must contemplate and then decide on. The property location has a huge role in determining the worth of your investment. And for living purposes, location is of prime importance. 

Location is determined by several aspects. For instance, the distance from the property to your workstation or access point for public transportation. You also have to look for the legitimacy of the land your potential property is built on.

2. Amenities

The property facilities are your responsibility to check for accommodation. You must check whether all the basic facilities such as the bedroom unit and the optimum ones within your budget are present there in your house or not as a buyer. 

Compare your budget with the fully equipped property and quality products installed in the house to get a clearer idea as to where your invested money is being employed.

3. Intangible Aspects

The things that we don’t see right away too hold a huge say in determining your next one-bedroom apartment investment property. Examine the land from every perspective, for instance. It helps you ensure the home appears to be rooted with the surroundings around it rather than merely a cluttered space. 

Keep in mind aspects like car parks and surrounding spaces. Checking the property beforehand allows you to feel safer and less cluttered when you move in. 

Views are an important consideration for a property. But it becomes even more crucial when it’s in regards to a one-bedroom apartment. A smaller apartment with good views can make the space feel bigger, airier, and lighter. 

Sydney suburbs have various one-bedroom apartment options with great views. This allows you to land a well-established one-bedroom apartment with spectacular views. 

4. Flexibility

It should be reasonably simple for you to handle expanding or contracting the areas within your great investment without wasting too much time or money as an owner. This is critical since your living demands will vary as your family develops. 

For some, these apartments might be a long-term living space commitment. Others might see it as a stopgap measure until they can find better capital growth. This means your living space should have a timeless finish that allows you to quickly increase both its livability and market value.

Should You Invest In One Bedroom Apartments?

The choice of investing in a one bedroom apartment relies solely on the buyers. And the scope of such living spaces is growing more than ever. 

The ease of use of such single bedrooms became the most preferred among everyone. And you can reap several benefits when purchasing single-bedroom apartments. The recent trajectory of one-bedroom apartment growth has only been positive over the past five years as well. However, the commitment to buying a house can be overwhelming. There are many variables to consider besides the money factor. You can’t afford to move forward without proper knowledge and guidance. And this is the reason why a trusted property advisor catering to such queries and real estate deals like Quarter-Acre can be your ticket to the right home.