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There are so many benefits to studio living, however, getting finance for one can often be tricky as many lenders won’t finance studio apartments. But not with Gateway, we understand that studio apartments are appealing to many of our Members and their families and we’ll look for ways to help you into studio living.
Ten benefits for living in a studio apartment:
Location, location, location. Most studio apartments are built in thriving communities close to public transport, shops, restaurants, entertainment and are an easy distance to main cities.
It’s more affordable…when compared to other larger properties. It’s a great option for first time home buyers or mature downsizers.
You’ll save money on your heating and cooling bills. Smaller spaces are easier to heat and cool so you won’t need to crank the air-conditioning or heater as much as you would in a larger space.
Housework becomes a snap when you only have one room to clean. Which means you’ll have more time in your schedule to do other things.
You learn to appreciate alone time. With the average studio boasting 40 sqm it’s hardly enticing for friends to pop around. Which leads us onto point 4.
You’re more inclined to go out and be active. Living in a small space can make you yearn for the great outdoors. Not only will this improve your social life but also your waistline.
You get to employ your creative genius when it comes to decorating. Sourcing dual-purpose furniture and finding ways to create hidden storage spaces will become an enviable talent.
Clutter is non-existent. You’re less inclined to accumulate many belongings if you have nowhere to hide or store them. Plus, you learn what is necessary versus the nice-to-haves.
It’s harder to lose the remote control, or anything else for that matter.
It’s easier to pack and move when it comes time to move on.
Founded in 1955, with just one employee and a briefcase, Gateway Bank is now one of Australia’s leading customer-owned banks. We put people before profits; 100% of profits are used to benefit our customers rather than shareholder return.
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This information does not take your personal objectives, financial situation or needs into account. You should consider its appropriateness to your circumstances before acting on it. Read the relevant Terms and Conditions, Fees and Charges and/or Product Disclosure Statements before deciding.