Is a Townhouse a Bad Investment? YEP! (Well at Least, This One Is)
Channel: Daily Insight
Date: 2020-07-10

Is buying a townhouse or unit worth it? Often you can pick them up for quite cheap. But you have to remember that many of these townhouses have lots of ongoing costs: Body Corporate, Insurance, Sink Funds, Councils Rates, Water Rates, even onsite managers that you have to pay for! But how much do all these things cost? Sure, it depends on where you’re living, but it’s still worthwhile working out how much you have to fork out each year. In this video, I walk through a townhouse that I was contemplating buying, but then after working out all the ongoing costs, it simply wasn’t worth it – regardless of whether I’d be living in it, or renting it out!

IMAGE RIGHTS
https://www.realestate.com.au

OUTRO MUSIC
Fortress Europe by Dan Bodan (https://www.youtube.com/user/danbodan)

#townhouse #townhouseforsale #propertyinvesting