If you’re considering townhouse living, it might be one of the best purchasing decisions you will make in your property investment journey.
A townhouse is a self-contained property that is often built within a complex of two or more dwellings – either attached or as a freestanding home. In this article, we’ve narrowed down some of the main benefits of owning a townhouse and the reasons why many downsizers, first homebuyers and investors are choosing to buy townhouses over larger family homes.
Minimal Maintenance
Townhouses are uniquely designed to deliver a hassle free and low maintenance lifestyle, making it a very attractive option for many homebuyers. Unlike apartments (which can often feel tight and cramped) townhouses are built with superior functionality in mind – and often come with more space for entertaining including outdoor courtyards and bbq areas; as well amenities such as private garages and carports.
One of the other main benefits of townhouse living is the minimal upkeep with outdoor landscaping and garden designs. Think hearty plants and flowers, synthetic grass, tiles, pavers and concrete aggregate – all of which are easy to maintain all year round. Some townhouses are also part of a Strata Body Corporate setup – this means the cost of a shared communal space will be shared amongst you and your neighbours on a yearly basis. Modern inclusions such as swimming pools, sauna and steam rooms and gym facilities fall into this category.
Value Money
Townhouses are a great alternative for buyers looking for affordable home solutions in the suburbs or close to the city. It provides great value for money for small families and couples entering the property market, with less financial outlay needed upfront.
Given that many townhouses are built on a smaller block of land, you can save loads of money on council rates and property taxes in the long term. Furthermore, if you’re looking for a home fitted with all the quality design inclusions of a free-standing property but without the extra work and expenses, a townhouse offers wonderful lifestyle benefits for those on a budget.
Contemporary Designs & Inclusions
Townhouses provide a range of benefits when it comes to design aesthetics; inclusions and open plan living spaces. Many are built with generous sized bedrooms, built in robes, ensuite bathrooms, quality fittings and beautiful light filled areas to complement the design theme of the home.
And it doesn’t stop there. You will also find high quality materials such as stone benchtops, Colorbond roofing, wall cladding, timber flooring, split system air conditioning and heating units and stunning landscaping to enhance the overall appeal of the home. At Design Edge Associates, one of our recent townhouse projects in Ashburton, Melbourne included two very generously sized townhouses (one behind the other format). Potential buyers picked up on its very spacious and flexible accommodation and features, all making for a very relaxed and liveable lifestyle.
In closing, townhouses are experiencing a lot of growth in recent years and are becoming highly sought after homes throughout Melbourne. At Design Edge Associates, our experienced team of Architects are townhouse specialists and have delivered exceptional design projects to suit a variety of buyers. Feel free to call us on (03) 9421 5100 to arrange an obligation free consultation or alternatively fill in the enquiry form and we will be in touch as soon as possible.