Must Have Features When Investing in an Apartment or Unit 

Whether a temporary solution or a long-term lifestyle choice, living in an apartment or unit is a reality for many. Thankfully, living in a smaller space doesn’t mean compromising on creature comforts. 

 

Energy ratings  

Newly introduced energy ratings help with added insulation, glazing, and other sustainability requirements, ultimately making the dwelling more comfortable and liveable. These requirements are being pushed by the higher expectations of consumers in endeavour of better living conditions. 

 

Kitchens  

Plenty of pantry and countertop space is essential when it comes to kitchen functionality and quality of life. Consider a u-shaped kitchen or a kitchen island to make the best use of space.  

 

Bathrooms 

If the property is one bedroom one bathroom, consider making the bathroom accessible from both the bedroom and main living area. Having the shower inside the bathtub also cuts down on costs, as well as utilising the space effectively. 

 

Bedrooms  

A bedroom needs to be a relaxing, rejuvenating space. To achieve this, natural light is a must – wide, sun-catching windows will greatly improve quality of life. Built-in wardrobes are a staple in every new property and cannot be overlooked. 

 

Laundry  

Though sometimes considered unnecessary, having a separate laundry room makes a noticeable difference to liveability. Noise travels far, especially in small dwellings; therefore, it’s best to have noisy appliances such as a washing machine and dryer tucked away in a separate room. 

 

Outdoor space  

Outdoor living is a key component to Australian life. A balcony or small courtyard goes a long way and opens opportunity for social gatherings in the fresh air. 

 

Noise reduction  

The noise produced by neighbours is a simple fact of life that goes together with apartment or unit living. Noise reduction is a must and can be achieved through insulation and carefully selected building materials.  

 

Common areas 

Complexes that come with common areas such as a gym, courtyard, or swimming pool complement the occupier’s living experience and needs. 

 

As many Australians downsize their dwellings, the stereotypes surrounding apartments and units are changing. Rather than being viewed as small, cramped properties that residents begrudgingly settle for, they are now seen as a convenient and favourable option.  

 

Investors should focus on liveability, as this not only improves the resident's quality of life but can also increase the value of the property. By investing in these areas, the property can be transformed into a welcoming and comfortable home that will stand the test of time. 

Previous
Previous

Seven Things to do Before Signing-Off on a New Build 

Next
Next

What Factors Increase or Decrease a Property’s Value?