Raising a family in a unit/apartment?

Just read an interesting article on realestate.com.au about “Apartment living with kids”.

Got me thinking, what are the pro’s and con’s of apartment living with a family. Personally I follow the stereotypical Australian Dream of owner a quarter acre block in suburbia with the hills hoist, grass yard with the colourbond fence. But unfortunately, especially in Sydney, the ever-rising cost of living is taking away that dream for many.

What are the benefits of a unit/apartment?

  • Low/No Maintenance of Yards etc.
  • Units are built in urban/metro areas which leaves you close to transport,shops etc.
  • Lower upfront costs.

What are the con’s?

  • Strata Levies can be high in some blocks.
  • Sharing common areas
  • No sense of ownership of land
  • Noise
  • Smaller area to occupy
  • No pets in most cases.

Personally, you still cannot convince me (aside from price) to move into a unit with my family over working just that little bit harder, or moving that little bit further away from the shops to be in a home with land, where I can have my dogs, cat and space to breath.

Have a read of the full article @ http://www.realestate.com.au/blog/apartment-living-reinventing-the-family-home/


What is your home worth?

Thank you for reading our market report. Would you now like to know what your home is worth. Our online appraisal is free and easy.

Contact Us

McDonald Partners Real Estate
11 Gymea Bay Road, Gymea NSW 2227

02 9525 8066
F | 02 9525 3115
E | info@mcdonaldpartners.com.au

What's your home worth?

Use our quick and easy online tool and we will give you a free estimate of the current selling price of your home.