- Too often buyers do not check to see how many owner occupiers are in the complex. You will find the higher owner occupancy the better the maintenance.
- Don’t looking out for the warning signs of bad body corps, remember this is like a marriage.
- Buying in an area where the supply is much higher than the demand, if purchasing for investment.
- When buying off the plan, not looking into the history of the developer.
- Not seeking professional advice. Speak to a local real estate agent.
The reasons we loved our luxury apartment:
- The amenities!!! Doing laps in the pool to start the day was fabulous, and better yet, we didn’t have to maintain it.
- Everything new and done for us. So much easier than finding a block of land, an architect, and making the myriad of decisions necessary in order to live in a brand new property. We got to choose from two schemes the toughest part was packing up our old house and moving day.
- Ours was a boutique complex of 29 residences, so making some new friends was a very nice added bonus, much easier than in a large, impersonal block.
- For both the car park and residents’ entry gates, great security made for a feeling of confidence.
- No more house maintenance/lawns to mow/hedges to clip/paving to gurney – a whole lot more time for living and relaxing, rather than time spent maintaining.
