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30 (Part 1) | Five Golden Rules of Property Investment in Australia - Chat with Peter Koulizos

The Property Couch

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What Are the Differences Between Apartments and Houses?

In Adelaide, apartments are a relatively modern high-rise, small dwelling. In Melbourne and Brisbane they're soon going to have an oversupply of apartments. The key there is the land component. I'm not a big fan of new apartments. People that have to sell within the first five or six years of purchasing a brand new apartment, have to sell it for less than what they paid for. That's not a good strategy if you're looking to invest in property and create wealth.

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