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Apartment living for the downsizer

Now more than ever, people are embracing the freedom and lifestyle that apartment living brings, along with plenty of other good reasons. Here are 10 to start:

Now more than ever, people are embracing the freedom and lifestyle that apartment living brings, along with plenty of other good reasons. Here are 10 to start:

  1. A social lifestyle. If you live on a suburban street, you probably don’t have cafes, restaurants, shops, transport and other facilities on your doorstep. Apartments are generally located close to all of these things so you can wander down the street and enjoy all that’s on on offer.
  2. More for less. Financially, an apartment represents a strong value proposition compared to a house. Selling your large home in favour of an apartment is likely to unlock significant equity, which can be reinvested in other places – letting you enjoy a comfortable lifestyle.
  3. Access to sophisticated facilities. With many apartment developments now featuring resort style facilities such as swimming pools, gyms and large dining and BBQ facilities, you can have the whole family come to visit and comfortably accommodate everyone.
  4. No gardening or household jobs. Over the years you’ve probably done hours of gardening and menial things like putting the bins out. In most apartment developments, a strata company takes care of managing common areas and services which means you can spend more time doing the things you enjoy.
  5. Less maintenance. With a house, you have all sorts of repairs and renovations that often appear unexpectedly – and more so with older homes. With maintenance and renovations becoming more and more costly, that money could be better spent elsewhere – like on a trip to Europe!
  6. Feel safe and secure. With security doors, buzzers, secure parking and people around, you’ll feel comfortable leaving your apartment if you go away for a while or come home late.
  7. Be part of a community. In this day and age where many people don’t know their neighbours, apartment life gets you to know friendly faces and hear what’s happening in your area.
  8. Easy to clean. A big house means lots of chores – vacuuming, mopping and dusting. An apartment can be cleaned in an hour-or-two, freeing you up to do more important things.
  9. Lower day to day living costs. Apartments are generally more energy efficient than houses, and consequently your utilities bills will be lower. It’s likely you’ll be close to public transport in an apartment. Chances are you’ll use the car less (or maybe even sell it!) and save on transport costs.
  10. Lock and leave. If you want to go on a holiday, apartment living takes the worry out of leaving your home for a while. You don’t need to worry about anything going wrong – so enjoy that trip of a lifetime!