MELBOURNE TOWNHOUSE SHOWCASE
We have available the largest range of COMPLETED, NEW or NEARLY COMPLETED NEW luxury freehold title new townhomes in the prime suburbs of Melbourne, at verified prices.
READ THE ARTICLE "HOUSES OR APARTMENTS FOR INVESTMENT?" HERE
Due to changing market conditions and inflationery presuure coming out of Covid with huge increases in building materials costs, we recommend buyers wishing to purchase a home in Melbourne consider a completed, or nearly completed TOWNHOUSE property, to avoid the risk of price escalation during construction, or worse, the homes not actually getting built at all, with building costs exceeding a developer's potential profits.
Townhouses offer lower prices, BETTER AFFORDABILITY, higher security and lower maintenance than stand alone houses, and are more spacious than apartments, and offer potentially better capital growth.
In addition, todays prices for townhouses will be below tomorrows replacement costs.
SEE THE FULL RANGE OF OUR NEW AND OFF-THE-PLAN TOWNHOUSES AVAILABLE, INCLUDING FLOOR PLANS AND PRICES.
WHY ARE TOWNHOUSES SO POPULAR IN AUSTRALIA RIGHT NOW? LOOK AT THE ADVANTAGES:
ADVANTAGES OVER A STAND ALONE HOUSE:
-Around 20% - 50% more affordable. Better affordability mens more potential buyers when you come to resale = potential price growth
-Less maintenance and repair costs
-Lower gardening costs
-Better security
-Scarcity. Less townhouses available - excellent resale value
-Lock-up and leave if traveling
-Can secure on just 10% initial deposit: New houses generally need "progressive payments"
-No progress payments needed
-Higher rental yield than houses
-Bank finance readily available
-Better tax benefits for investors
-Lower potential land tax
DISADVANTAGES:
- Not stand alone
-Smaller land area
-Not as impressive street frontage
-MAY have Body Corporate fees
ADVANTAGES OVER AN APARTMENT:
-Generally much larger than most apartments
-Feels like a "home" not a unit
-Security carpark on the premises
-Scarcity. No potential for oversupply
-Ownership of freehold land, not "airspace"
-Lower Body Corporate fees, sometimes none
-Garden/courtyard, outdoor useable space
-More storage throughout
-Much lower Body Corporate (Management fees)
-Financing much easier to obtain than for apartments
-Bank valuation most likley at purchase price compared to apartments
DISADVANTAGES:
-No comon facilities, community spaces, recreation areas
-No views
-Lower rental yield
SEE SOMETHING YOU LIKE?
ASK ABOUT OUR EXCLUSIVE VIDEO AND VIRTUAL REALTY TOURS!
AT NO COST
Or obligation.
WHY FREE?
Simply put, if you find our services useful, you will tell others. If everyone tells ONE person, we no longer need to spend any money on marketing.
Its a win-win!
See a sample VR tour:
Simply contact us in Hong Kong, and we can assist in putting together all the paperwork, refer you to mortgage brokers, rental agents, property inspectors, accountants, tax advisors, valuers, banks and solicitors, and arrange a building inspection.
All at NO EXTRA cost, AND all properties listed at the the Melbourne Homes Centre are GUARANTEED to be offered at EXACTLY the same price as they are being offered at in Melbourne.
