Which Australian property do you choose for villa VS apartment?

Judging from the appreciation of Australian real estate, both will appreciate.

Judging from the appreciation of Australian houses, both apartments and villas have appreciated, but the extent is slightly different. According to official data, in the past 40 years, according to different regions, the average annual growth rate of apartments in Australia was 6%~8%, and that of garden villas was 10%~ 12%.

Whether it is an apartment or a villa, location and development space are equally important. The environment around the house, transportation, hospitals, shopping and other supporting facilities are all important factors to enhance the value of real estate.

Location and convenience

From the perspective of location and convenience, apartments are generally in urban areas, with complete commercial facilities and prosperity, and even for personal use, they are easy to rent out. A city is usually a gathering place for business, education, finance, shopping and entertainment, and the traffic naturally extends in all directions, making it very convenient and fast to go to school or work.

Australian natives actually like to live in villas 5~30 kilometers away from the city. These communities usually have complete and thoughtful supporting facilities (business, medical care, education, transportation and so on). It can be seen that both urban apartments and suburban villas have their own advantages.

Property management fee

From the perspective of property management fees, buying a 2-bedroom apartment in Australia costs about several thousand Australian dollars a year, but you can enjoy free swimming pools and other fitness facilities in the apartment.

If you buy a garden villa, you don't have to pay the property management fee, but every owner has the responsibility to manage his own garden, and you need to weed and repair the fence regularly, and the cost is similar.

Bank loan prospect

Judging from bank loans, if it is an existing house or apartment, the bank's policy on loans is relatively strict, which must be 30%; If you buy a villa, the bank loan will be relatively loose, because there is land there, which reduces the loan risk, so it may only be 20%.

However, if you buy an unfinished building (auction house), whether it is a villa or an apartment, you only need 10%, and the loan amount can usually reach 80%, which makes no difference. So buying a villa is the same as buying an apartment, but because the total value of the villa is higher, the payment of 10% will naturally be higher.

Angle of

From a new perspective, the rental rate of urban apartments is high, the demand is large, and the vacancy rate is low; Houses in the suburbs are big, tall and stable. In Australia, the main renters include: international students, new immigrants and single white-collar workers, so apartments in urban areas can usually choose commercial areas or nearby with convenient shopping and developed transportation. Suburban villas can also be purchased near well-known universities with convenient transportation to ensure rental demand. In the case of limited funds, you can consider apartments first, and the cost is lower.

In short, no one can give you a good answer to the choice of apartments or villas for Australian real estate, because this is not a single choice with only one correct answer. Everyone needs to comprehensively consider various factors, choose carefully according to their actual needs, and consult more professionals.