There are many people who buy properties as an investment. Not only does the value of their property increases as the year passes, but they also get the opportunity of earning regularly through renting their property. If you are considering buying a property or penthouses for rent in Sydney for investment purpose then consider renting them for earning regular income. If you are thinking is renting in Sydney worth it then you need to know that it certainly is. As Sydney is considered as a great city in Australia which has much to offer to its residents and tourists, people love to stay and visit Sydney. This is such a place where people would love visiting multiple times. So, if you are having a property in the heart of Sydney then the chances of you getting good amount of money in renting would definitely increase. You can also buy a property in the suburbs if you want as there are some people who wish to stay in a less populated area. They would be closer to several outdoor spots as several parks of Sydney are situated there.
The hotels used to be the only option for travelers many years before. However, with the advent of serviced apartments, it has become a lot easier for the travelers to stay away from their homes at a place like their homes. A serviced apartment is a fully furnished apartment having various amenities like kitchen, laundry service, gym, swimming pool, etc Moreover, the serviced apartments are much affordable then the hotels so a lot of people consider them than paying huge amount of money by staying at hotels. So, if you are considering renting your property as a serviced apartment to the travelers visiting Sydney as a tourist or for work purpose, then you can earn some good amount of money on a regular basis.