The benefits of townhouse living

Choosing your abode is a big decision. It’s often hard to know where to start as there are so many things that need to be factored while purchasing (most probably) your biggest asset. For starters, what are your options? A traditional ‘white-picket fence’ house or a trendy apartment? If you can’t decide, then a townhouse might fit that puzzle for you.??

A townhouse is a multi-level building that’s designed to mimic a house as it stands on that sweet line between a house and an apartment, offering the best of both.?

The great Aussie dream of a large house is not as sustainable or affordable as it once was. In recent years, at Ouwens Casserly, we have noticed that more South Australians, driven by affordability, lifestyle and demographic changes are choosing to live in higher-density housing such as townhouses and apartments. To achieve their homeownership dreams, many first-home buyers, young families, and downsizers now prefer townhouses over apartments.

Why a Townhouse might be the right choice for you?

The Affordable choice for a prime location

Affordability is one of the biggest selling?points?of townhouse living.?In general, townhouses are more affordable?and often cost less than?most houses in the same location.?Thus,?for buyers looking to buy?a house?in?a?prime location,?but can’t due to?the?sky–high dwelling values of?a capital?city – a townhouse?providing?convenient access to social?and community amenities near the?city?action?might be a great entry point?for the buyer.?

Check out OTTO Townhomes perfectly positioned in?Stepney.

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Greater ownership & higher investment returns

Another strong?defining feature of a townhouse is?its?ownership.?When you buy a townhouse,?you just?don’t?own that property but also the land beneath it,?giving you?a?higher return on your investment.?For instance, a?block?of?land?in?a?city?commands better long-term?capital gains than the floor of a city apartment?in the real estate market.

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Great alternative for your private lifestyle

Now,?townhouses are typically attached units?and?you?might not?be able to enjoy?the?same level of?privacy?as?a detached house. However,?unlike apartments, townhouses are ‘roomier’, you don’t have to share common spaces (like shared hallways?and?elevators), and?in general,?provide more flexibility?to the?homeowners.?This makes a townhouse a great alternative?for those who want the privacy of a house and?want that?extra?space?for?a guest bedroom or a?home office which can be harder to find in an apartment.?

Are you thinking about buying a townhouse? Check out our townhouses for sale here.

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Sense of Community?

Buying a townhouse in a planned?neighbourhood gives?you the space to enjoy your lifestyle and?an opportunity to be part of a?new community?with?maintained?facilities?(pool, gym,?and?community garden)?and amenities?(public transport,?cafes,?and?shopping?centres).?Moreover,?due to the proximity among the units, you and your?neighbours are going to be quite close offering?you a chance to make friends and?acquaintances?and?providing you?with?that sense of security and community in your new townhome!?

You may also like our article?5 Tips to Buying Off The Plan.