18/09/2026
A shiny new apartment is fantastic, I get it. Just go in aware of all the costs that come with it.
A brand new building has to build up its capital works fund and admin fund from scratch, because it's a new bunch of people living together for the first time. Add a pool, a gym, a lift, and the maintenance costs climb with them. So the levies may be higher.
Does zoning affect property value? It does, and higher density living brings its own running costs too. Expect limited growth for a certain period of time.
The upside: if it's all built, there won't be any surprises and your view is safeguarded. What you buy is what you get. Weigh both sides.
Full episode, "Does Zoning Affect Property Value? Why Home Buyers Need an Investor Hat," on Buy Your Side.