Question:

Are units better than houses?

by Guest729  |  11 years, 1 month(s) ago

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Are units better than houses?

 Tags: houses, units

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  1. Guest729

     There is not a simple yes or no to this question. There are many financial factors to be considered as well as personal preferences. Houses may, and I say may, experience better capital growth because of the higher land content, but the maintenance could be higher and the yield (rent/value) could be lower. So in the longer term, the overall returns from units could be the same as for houses. Also, it's a case of horses for courses and the different tenant profile in some locations predetermines the suitability of houses, units or flats. Around the city centre, units or townhouses may suit the young professional couples whereas in the suburbs, young families might be more attracted to houses.

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