Studio apartments allow those who are in transitory phases to find affordable housing usually within inner city suburbs. Popular with students and young professionals looking to live close to the CBD, studio apartments for sale are an attractive alternative for investors looking for a low maintenance investment property. In the coming years, it is anticipated that more studio apartments will be built to accommodate the growing Australian population as they become an increasingly sought after alternative to traditional apartments, houses, and units.
For those looking at studio apartments for sale there are a few things to consider. The first is that studio apartments merge the living space into 1 area meaning that the kitchen, dining and bedroom are all located in the one room. When looking at potential studio apartments to buy look for the most spacious ones you can find, as a few pieces of furniture can fill the space very quickly. Storage is also key in a studio apartment – with limited living space, storage can make all the difference for you or tenants to be able to store all one’s belongings in a small area. Usually studio apartments do not house laundry facilities – thus it is important to determine if the apartment block provides shared laundry facilities or if you or tenants will need to frequent the Laundromat instead.