Hi Lance,

Yes generally apartments less than 50sqm in living area would require a deposit of 30 -40% depending on the location and the type of building the unit is located in. Also note that if the unit has a allocated car bay and balcany this can be added in some cases to the living area to increase the size which has helped me secure units in the past.

Other factors which can change the size of the deposit are

1) The amount of floors in the building
2) Is this a service apartments
3) location of unit i.e city or outer suburb
4) does the property have a bedroom or is it a bedsitter
5) do you plan to live in this unit

This info is required before someone can advice you further, hope this helps