A townhome – also known as a townhouse – is a multi-level dwelling that shares one or more walls with neighbouring homes.
Townhomes have risen in popularity across Australia, and it’s easy to see why. The advantages of a townhome makes it a fantastic option for first home buyers, single-family homes, downsizers, families and investors alike.
While townhomes aren’t a new concept for home buyers in today’s market, not everyone is familiar with the wide range of benefits that these homes can offer. We recently sat down with Metricon’s TownLiving Sales Manager, Stephanie Soto who explained the many benefits of a townhome, and why it should be on your home buying radar.
One of the most alluring aspects of a townhome is the exceptional value for money. Unlike traditional freestanding homes, townhomes can be built on compact allotments, so the purchase price of a (town) home and land package tends to be considerably cheaper.