Furnished accommodation Melbourne CBD (Central Business District) can vary widely in terms of pricing, and while some apartments may be considered affordable, it’s essential to consider various factors that influence their cost. As of my last knowledge update in September 2021, here are some factors that might contribute to the perception of apartments in Melbourne CBD being relatively affordable in some cases:
- Market Conditions: Economic conditions, including fluctuations in demand and supply, can influence rental prices. Melbourne’s rental market can be competitive, and fluctuations in market conditions may lead to variations in pricing.
- Location: While Melbourne CBD is a desirable location for many, there can be differences in pricing based on the specific location within the CBD. Apartments in certain pockets of the CBD may be more affordable than those in prime or high-demand areas.
- Apartment Type and Size: The type and size of the apartment can significantly impact its