With the sudden surge of property demand in Melbourne, many are scrambling to look for housing property that fits their lifestyle and needs. In recent years, there’s been a boom of townhouses in the city, popular among professionals since they cater to their lifestyle. The question is: Is living in a new townhouse right for you? In today’s article, we’ll be listing down the pros and cons of living in a new townhouse in Melbourne, starting with the benefits.
Advantages of living in a new townhouse:
It offers a low-maintenance lifestyle.
Townhouses are basically the same as owning a house; the only major difference is that they usually have a smaller outdoor area, which also works since you have minimal yard work to do. Besides that, a lot of townhouse complexes also have shared amenities like a gym, pool, and even gardens, which are maintained by the body corporate, so there’s work for you to do. In some cases, townhouses have an in-house maintenance team that oversees the care of the said amenities to ensure that they are all well-kept and maintained. New
It fosters community and ensures safety.
Townhouses are also often situated in gated communities, which not only adds a layer of security but exclusivity for the residents as well. Since you share many of the amenities with fellow residents, you’re bound to socialize and interact with them, thus fostering a sense of community within the complex. This also means that in case of unlikely events like emergencies, it’s easy to call for help since it’s readily available.
It offers a lot of modern amenities.
New townhouses for sale in Melbourne typically offer many modern amenities like reserved parking spaces, energy-efficient appliances, high-speed internet, and smart home technology, which significantly improves the tenant’s way of living.
Disadvantages of living in a new townhouse:
It has body corporate fees.
One of the downsides of living in a townhouse is that you have to pay the monthly or annual body corporate fees that cover administrative fees, maintenance costs of shared areas, as well as insurance.
It offers limited privacy.
Living in a townhouse also means you’re sacrificing your privacy in the sense that it offers little because of the limited space compared to having your own house.
Another disadvantage of townhouses is the fact that they have pretty strict regulations when it comes to pet ownership and renovations. In addition to that, the body corporate may also restrict certain activities unless you want to be penalized. It doesn’t come as a surprise since you’re living in a community and must learn to be mindful of your neighbors. The only worse thing than that is if your neighbors or other residents refuse to abide by the rules and cause noise disturbances.
Speaking of worse, there’s also the chance that conflict may arise among the residents which can lead to disputes.
At the end of the day, the choice to live in a new townhouse in Melbourne is entirely up to you. If your work, lifestyle, and preferences align with these factors, then living in a townhouse is a better option for you. If not, you can always consider living in an apartment or consult with a real estate agent to help you choose the best option that works for you.
