Let’s face it with the soaring home prices in the Eastern Suburbs finding a suitable family home with enough space to accommodate children, pets and a barbeque is an arduous and sometimes impossible task. Some families are opting to move further out to where prices are more affordable, while others are staying put and being a bit more creative in their choice of home. As a result young families are looking to garden apartments as an alternative to a traditional family home; this will ensure that these young hopefuls can stay in the areas they love. Michael Krimotat Director at RWDB says demand for garden apartments and townhouses is rising rapidly, with more families sacrificing space in order to stay close to where they lived before they had children. Typically higher floor apartments were always in vogue, they have better views and are typically quieter. However with the rising demand for green space accommodating young families and the elderly this ideal is changing.
Domain Group senior economist Dr Andrew Wilson predicts a future in which more entry-level properties for young families will be apartments in Sydney’s inner suburbs. Cue this magnificent Bondi garden apartment for sale by Daniel Ungar at Ray White Double Bay, a bastion of space and abundant natural light. Taking advantage of a private position within a boutique block of just four apartments, it’s a stroll to the sands of Bondi Beach, with shops, supermarkets, cafes and CBD buses along the way. The major selling point however has to be its direct access to lush common courtyard/garden.