Townhomes are becoming more and more popular amongst first home buyers, investors and renters across Melbourne suburbs. And, that is for good reason!
Quality builders have recognised the market demand for more entry price homes that still offer the size, quality and amenities of freestanding new home builds. This has resulted in an amazing offering of stunning designer townhomes now available.
Built on smaller land sizes, townhomes are built to the boundary on each side of a lot but allow a gap between each to keep the townhome titles seperate. This results in many cost savings for the home buyer. These include:
- lower price for the land purchase
- own land title meaning no body corporate fees
- lower council land rates
- lower garden maintenance costs
Townhomes are often built as double storey designs so still offer the buyer larger home floorplans for a lower package price than if built as a single storey on a larger lot. This allows the first home buyer more living space and the investor higher rental returns.
And, as the townhome developers design and build the entire townhome development at once, cost savings and lower build times can often be achieved. Plus a gorgeous range of interior colour schemes and optional extras are also available to personalise your new home.
We have an amazing range of quality townhomes available for our clients across Melbourne starting from just $495,000. Contact us today to learn more and see if a townhome is the right move for you!
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