Townhouses are the flavour of the month!

07 Feb 2017

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.

Ready to Invest? Oliver Myers can help you find that property to start you on your way.

Not quite ready? Unsure where to start? Oliver Myers has a group of professionals that understand off-the-plan purchases and can give you the help you need.

When looking for a property for my parents, I was introduced to Tony. After I described my requirements, he took the time to show me areas that fulfilled my requirements, and then specific locations, floor plans and similar new homes that he believed, based on my criteria, would be suitable. Thank you Tony.

- Mac
Maroubra

Tony and his team were willing to go the extra mile to show us properties in new and growing areas that would be suitable to include in our investment portfolio. Following our earlier success in securing a new build on land in the Newcastle region, we were keen to investigate other locations which would provide capital growth and good rental return with a low vacancy factor. His team thoroughly researched all those requirements and provided great options.

- Roger Smith
Tea Gardens

Tony and his team assisted us in buying a new off-the-plan home for investment purposes. We were given plenty of information on the location and trends in the area, and the types of properties that were popular with tenants. Tony has many trusted contacts in real estate and associated industries, and referred us to a quantity surveyor who has helped us claim a lot more depreciation than we thought we could, and to a great property manager that is making our life easy for us as landlords. It’s been a very successful relationship!