What to look for when choosing a suburb to buy an apartment in

May
2
2018

Making the decision to purchase an apartment in Sydney can be a tricky process. Not only will you need to work out what type of development best suits your needs, but you'll also have to decide where in the city you want to live. 

There are all sorts of factors that go into this, and to help you identify the perfect suburb we've put together a few different things to consider when deciding on the perfect area for you. 

One benefit to luxury apartments is that residents don't have to worry about how long it will take them to get to the gym.

Local amenities

One of the benefits to luxury apartment developments is that residents don't have to worry about travelling to their nearest gym, pool or restaurant, as all of these are included in the building itself. 

Even so, there are plenty of other local amenities that can play a big role in deciding which suburb is best for a particular buyer. For example, if you're a couple planning on having children, you'll want to consider what the local preschools are like. 

Public transport

For many apartment residents, making the move into a unit means there's no longer as much of a need for a car. There are a couple of reasons for this, the first being the more central location of apartment complexes. Some luxury apartment developments, such as Arc by Crown Group, are located right in the heart of the CBD, making it possible to get anywhere in the central city on foot. 

The second reason is that apartment developments are often located in close proximity to public transport hubs – particularly now that the new Sydney Metro is well on the way to completion. Buying close to a transport hub such as the new station in Waterloo makes it possible to travel quickly and affordably to almost everywhere in Sydney, cutting back on car costs and eliminating the need to sit in traffic. 

Growth potential 

Finally, one of the most vital considerations when choosing a suburb of Sydney to invest in is the area's potential for growth. Choosing somewhere like Waterloo, which is increasing in both population and property value every year, is a great way to ensure that whenever you do decide to sell, you'll be able to get the very best price. 

For more information on buying a luxury apartment in Sydney, contact Crown Group today.

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