Relocating can be an inconvenience and one of the things many tenants also consider is choosing between renting new townhouses or getting a new apartment. In the bustling city of Melbourne, these two options are pretty popular among residents; the question is: which one works best for you? If you’ve been having this dilemma, then you’re on the right track because today’s article will help you discern which is the better option by listing down the advantages of both properties.
Choosing a new townhouse: enjoy the perfect mix of space and convenience.
There are a lot of new townhouses for sale in Melbourne, and that’s because the demand for housing is pretty high in the city. Many people choose this option over apartments because they offer the balance between privacy and communal living, along with the conveniences of having an apartment.
Key advantages of living in a townhouse:
It has private outdoor space. As individuals, it’s important for us to have our own space, and townhouses usually come with their own private garden or courtyard where you can relax and enjoy your own company.
It’s much bigger than apartments. Another advantage townhouses have over apartments is that they generally have more room, so you don’t fit in a single shoebox-type space.
There’s also less noise. You also tend to have fewer neighbors when you live in a townhouse, so you don’t have to worry about the noise and live comfortably in a quieter space.
It offers a stronger sense of community. Because of the shared amenities you have with other residents, townhouses often have a stronger sense of community since you’re bound to bump into your neighbors for social interaction.
Selecting an apartment: relish in the joy of urban living.
Living in an apartment in the city also has its benefits since it offers a low-maintenance lifestyle that’s popular among professionals and downsizers.
Key advantages of living in an apartment:
It’s situated in a prime location. One of the reasons why some folks opt for apartments is because most of these properties are located in prime urban spots that are easily accessible by public transportation and are usually within range of restaurants, shops, and entertainment.
Your safety and security are guaranteed. Most apartments also come with their own security personnel who monitor the area 24/7, granting peace of mind to the residents.
Apartments offer a wide range of amenities. Similar to townhouses, apartments also usually come with amenities like a pool, a gym, and even rooftop terraces.
It has investment potential. Most importantly, apartments are a good investment given the strong rental demand in the city; if you don’t plan to live in it, you can just rent it out and capitalize on that strategy.
Choosing between townhouses and apartments: which option works best for me?
Although both properties have their own advantages, it really boils down to the kind of lifestyle you have, as well as your needs and preferences. If you’re still struggling to choose which of the two resonates with you better, then consider these factors:
- Budget.
- Future plans.
- Investment potential.
By considering these additional factors alone, you can determine if the right choice for you is to go with townhouses or opt for an apartment. Additionally, you can also consult with a real estate agent so they can provide valuable insight on which property works for you.