Real estate property investing is still the most reliable, stable, and profitable investment option. Brisbane apartments are favoured by real estate investors over house and land packages. Apartment rentals provide investors with consistent cash inflow, realising profits without waiting for the property to appreciate in value. Unlike other real estate property investments where you will have to hold the property until the value increases, thus delaying profit realisation.
Apartments in Brisbane are generally more affordable than houses, making it the popular first home choice. Apartment buildings also have the best addresses, often located within the inner city hub, in most dynamic city fringe neighbourhoods, and in upscale suburban areas.
Convenience is apartments’ strongest selling point. Condo towers and apartment buildings are either just few blocks away from business centres, schools, and parks, or is next door to a train station. Home maintenance is taken care of, amenities comes with the home purchase, and in some buildings the concierge service is available.
But not all apartments in Brisbane are built the same.
Like anywhere else around the world, owning an apartment in Brisbane is a lot different and more complicated than having a house. When you buy a house, you are also buying the land where it is built. More technically, you are actually buying a piece of land and the house, the trees, the mines and minerals, and other improvements built on it. You have absolute right to everything on, over, and under – within the boundaries of the land. That is not the case with apartments.