Micro apartments no longer a taboo for property investors
Well designed micro apartments are becoming an attractive living and investment proposition in high-demand urban suburbs.
Micro apartments with shared amenities are offering a home alternative for cash-strapped buyers without sacrificing modernity. (Image source: Shutterstock.com)
Priced out of the real estate market, young professionals, first-time buyers and investors who prioritise location over space are increasingly driving demand for smaller properties.
A 17 square metre micro-apartment in Bondi beach recently sold for $511,000, showcasing the high prices some people are willing to pay, especially in highly desirable locations.
In Australia, studio apartment sizes typically range from 30 to 50 square metres. In urban…
