Apartments are predominantly located in the city centre or the inner suburbs – in other words, those areas where the population density is relatively high. In general, the CBD has the lowest Residential Vacancy Rates. These apartments have convenient access to all amenities: restaurants, health services, businesses, shopping and entertainment etc. Most apartment blocks include a swimming pool, gym equipment, a cinema, a communal barbecue area and study spaces, among other facilities. If you want to own a property that offers high return on your investment, then an apartment in Melbourne’s city centre is likely to be your best bet.
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