Sydney is the largest and most populous city in Australia and the capital city of New South Wales. The city was established in 1788 as a British Colony. Starting from the 20th century, the population of Sydney started to grow and it reached 4 millions in 2010. There is no doubt that Sydney is a beautiful and prosperous city and this is the reason why more and more people are interested in moving to this city.
When we are talking about the real estate market in this area, we must mention the global financial crisis because this crisis affected the markets all over the world. However, Sydney was one of the cities that didn’t suffer much from this crisis. Even though the year when the crisis merged was tough, the real estate market in Sydney quickly recovered and in the following years we have witnessed steady growth.
It is very difficult to predict how will things evolve in the future, but the fact is that the population is growing and the prices of properties in Sydney are steady or growing too depending on their location and type. In other words, it is definitely worth investing on this market.
While we are talking about property market in Sydney we must mention rents too. The truth is that in the last few years, the prices of apartment rent are growing. However, it is also true that there are different apartment rent models and some of them like furnished apartment rental model are better and more affordable than others. If you are interested in this model, you should know that there are many properties like this in every neighborhood in Sydney. But, before you opt for this solution it is better to learn more about the model itself and the things you can expect from it.
When people need a place to stay they usually take hotel accommodation into consideration. This is not a surprise because this was the primary option in the past. However, in the recent period the number of offers of furnished apartments in Sydney is growing. So, in case you are a person who has always checked in a hotel room when in Sydney and you didn’t think about other options, it is a good idea to rethink. Of course, furnished apartment rent is an excellent option for other categories of people too. In case you are wondering why so many people opt for this rental model we will mention some of the advantages.
To start with, this is a very affordable model. If you choose a hotel you will definitely have to pay more especially if you are staying in Sydney for a long period of time. In addition, the reputation and amenities found in a hotel can additionally increase the price. Furnished apartments come with specially designed monthly (and weekly) rates.
Another advantage of using furnished apartment rental model in Sydney is the fact that these apartments are comfortable. This is especially true in cases when you are in Sydney together with your partner and/or children. Hotel rooms are smaller and if you want bigger hotel room you will have to pay more. Without any doubts the level of privacy in a hotel room is very low. People who stay in a hotel room are frequently faced with situations that are a little bit odd – like changing clothes (especially if you are staying with a colleague or someone who is not part of your family). Furnished apartments are quite popular because they provide enough space and they are comfy. There are two, three and even four-bedroom furnished apartment rental models. This means that you can choose an adequate apartment for your needs.
Another reason why modern people prefer furnished apartments is their resemblance to real homes. You can use all the typical amenities that an average home has and you can use the without any restrictions. You can prepare food, wash your clothes, wash the dishes and do many other tasks that each of us do in their own home. It is worth mentioning that some hotels ask their guests to keep food out of their rooms (unless they order the food from their restaurant).
Finally, the popularity of furnished apartment rental model in Sydney is related to the wide range of apartments like this located all over Sydney. You can find a rental solution like this on almost every street and this is something that will make your stay in Sydney easier.