About Apartments

As a real estate agent Melbourne, GPYinson is experienced real estate agent in Apartment. A key benefit of apartment investing is its ability to generate cash flow, Tax and Deductions. in Apartment,. A key benefit of apartment investing is its ability to generate cash flow, Tax and Deductions.

Apartment Investing

Apartment investing is popular since it’s often more affordable than investing in a house. Cost aside, there are many other benefits to investing in an apartment.

Maintenance

Due to the compact nature of apartments and lack of back or front yards, apartments require much less maintenance than other property types. In apartment blocks, body corporate fees are paid by tenants to look after the communal areas of the apartment building, such as stairwells, walkways and outdoor areas. This means everything is taken care of by an external company.

Increased Cash Flow

Renting out your apartment can provide you with cash flow from the rental income.

Amenities

Many new apartment buildings, particularly in the metropolitan areas, come with amenities available to the occupier, such as pools, gyms, spas, saunas, tennis courts, etc. If you were buying a house, you would need to purchase these things separately – or at least be a member of a club that provides them – which can add to your costs.

Rental yield

Inovayt Financial Planner Luke Mase says: “When it comes to rental yields, they generally fall in favour of apartments. The initial deposit, loan repayments and ongoing costs – such as council rates and insurance – for an apartment is much less than for a house that would attract similar rent.”

Security

Unlike houses or townhouses, apartments are generally more secure than other types of property due to the layers of security in place to get you through to your front door. Things like key fobs in the lift to access your floor, security cameras in the complex and remote-controlled entrances to secure parking are all common features of apartment living.

Properties listed in Apartments

sell
sold

204/18 Hoff Boulevard,Southbank VIC 3006

Bedrooms1
Baths1
1 Bedrooms
1 Baths
Located in the heart of Southbank, this modern 1 bedroom apartment is within walking distance from Crown Casino Complex [more]
Located in the heart of Southbank, this modern 1 bedroom apartment is within walking distance from C [more]
Rentals
Leased

183/88 Southbank Boulevard, Southbank VIC 30...

AUD 350 per week
Bedrooms1
Baths1
1 Bedrooms
1 Baths
Located in the heart of Southbank, this modern fully furnished one bedroom apartment is within walking distance from Cro [more]
Located in the heart of Southbank, this modern fully furnished one bedroom apartment is within walki [more]
Rentals
Leased

1509/462 Elizabeth Street, Melbourne VIC 300...

AUD 350 per week
Bedrooms1
Baths1
1 Bedrooms
1 Baths
Located on 462 Elizabeth Street, this furnished sleek 1 bedroom apartment is situated in the heart of Melbourne. The fre [more]
Located on 462 Elizabeth Street, this furnished sleek 1 bedroom apartment is situated in the heart o [more]
Rentals
Leased

F206/51 Homer st, Moonee Ponds VIC 3039

AUD 440 per week
Bedrooms1
Baths1
1 Bedrooms
1 Baths
As mentioned in the Headline: Best Floorplan, Brand New 1 Bed 1 Study 1 Bath 1 Balcony 1 Car 1 Storage, with the study, [more]
As mentioned in the Headline: Best Floorplan, Brand New 1 Bed 1 Study 1 Bath 1 Balcony 1 Car 1 Stora [more]
sold

217/145 Queensberry St, Carlton

Bedrooms2
Baths2
2 Bedrooms
2 Baths
Located on Melbourne city-edge in the heart of Carlton, the Eminence introduces Melbourne to a new elegance in architect [more]
Located on Melbourne city-edge in the heart of Carlton, the Eminence introduces Melbourne to a new e [more]
Rentals
Leased

1903/545 Station street, Box Hill

AUD 530 per week
Bedrooms2
Baths2
2 Bedrooms
2 Baths
This two-bedroom two bathroom apartment situated in the best pocket of Box Hill. It comes with 2 bedrooms, 2 bathrooms 1 [more]
This two-bedroom two bathroom apartment situated in the best pocket of Box Hill. It comes with 2 bed [more]