Apartment

Apartments are popular in urban areas because they offer convenience, affordability and low-maintenance living. They typically operate under a strata or owners corporation structure, meaning owners share responsibility for common property, building insurance and ongoing maintenance through regular levies. The value of an apartment is influenced by factors such as building quality, age, amenities, strata financials, parking availability, natural light, the view and proximity to lifestyle hubs. Because apartments vary widely between buildings, buyers often examine strata reports, sinking fund balances and any upcoming special levies before committing. When selling, presentation and clarity around strata details are crucial, as informed buyers will compare apartments not only within your building but across the suburb. A skilled agent understands how to highlight lifestyle benefits, rental demand and unique features to attract the right buyer pool.

Practical Example

You decide to sell your apartment located on the fourth floor of a modern complex with a gym and pool. Your agent reviews the strata documents and confirms the building has a healthy sinking fund and no major works planned. Before listing, they recommend styling the unit to maximise natural light and emphasise the balcony view. At the first open home, buyers comment on the layout, amenities and security features of the building. Several investors request rental statements, while owner occupiers ask about noise levels and nearby transport. After a strong campaign, your agent negotiates multiple offers and secures a final sale price above comparable units in neighbouring buildings.

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