The Property Couch 240 | Is Now The Right Time to Buy a High Rise Apartment? - ft. Bonus Q&A
Folks, things sure have been heating up in the high-rise apartment space recently and we MUST address a seriously important question, for property investors and homeowners alike…
Should you be considering buying high-rise apartments in the wake of some very high-profile cases revealing significant issues??
We’re talking about the high-rise apartment evacuations that’s been happening in our main centres due to building defects — Opal Tower, Mascot Tower, LaCrosse apartments and Neo 200 —which have resulted in cracks to main structures, severe and unsafe water damage, FIRE… all things that we can all agree are very problematic. Not to mention are also leaving a fair few folks homeless, out of pocket and fed up!
So, not only are you likely to struggle to get a return from high-rise apartments, it’s evident that some may pose a safety risk as well.
But if 1 in 5 wanting people are actually WANTING to live in apartments, it can definitely be argued that there IS a growing demand for one/two bedroom living… the question is… What should you be considering if you are wanting to invest in apartments?
And when it comes to high-rise buildings, has the landscape well and truly changed?
… We’ve thrown in a Bonus Q & A to answer your specific apartment Q’s too, folks!!
Resources Mentioned…
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- WIN SUSAN’S BOOK – The Trailblazing Story of Susan Alberti – The Footy Lady
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