Townhouses are becoming popular once more, especially with investors buying off the plan homes.
Your Investment Property Magazine reported this week that demand for townhouses has grown almost 7% during the previous 12 month period.
Townhouses are desirable due to their affordability and accessibility. They offer a good option over apartments as in some suburbs apartments are in oversupply, and townhouses offer better family living without the outlay of a stand-alone home.
As an investor, townhouses are priced reasonably, with less outside maintenance, while still being able to offer larger homes to tenants.
If you are looking to invest, don’t look past the humble townhouse, as they may offer you a silver lining you are looking for.
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