Hi guys, Curious what you would choose between one townhouse and 2 units/apartments for investments? This is looking at Sydney, long term buy & hold. Gentrifying area, old houses going down, new duplexes, townhouses, apartments popping up. Of course, the townhouse has more land component than the 2 units combined, so there is that going for it when it comes to long term capital growth: land scarcity factor. The units will achieve a greater rental return albeit with higher strata fees and more supply coming long term. On the other hand, newer apartments with higher price tags might push the price of older stock up too. And while a townhouse should experience higher capital growth over the long term compared to an apartment, I am not sure whether 2 apartments might beat that - I think it might actually. Budget is kinda similar, although a bit higher if going for the 2 units. Interested in hearing your thoughts.