This Blog is designed to provide information about buying or renting apartments in Brisbane, Australia.
Saturday, November 24, 2012
Matusik's views on apartment bedrooms
You see, we undertake between 40 and 50 Project Definitions every year – this is a service which helps make a new residential project work better – and we have found that in almost every case, one-bedroom apartments show a better gross rental return than larger ones. This is particularly the case when you include a quality furniture pack. Now before I get a bunch of emails outlining this and that, keep in mind I am talking about rental return here and not capital gain; although the statistics regarding one-bed resale performance versus larger apartments are pretty good too.
So in short – the smaller the apartment type, in concert with the inclusion of a single car park, the better the gross rental return. This rule of thumb is even more evident when you add furniture.