Owning a home has always been part of the great Australian story, but the way we get there is changing.Rising land prices, tight availability in established suburbs and shifting household needs are pushing more Melburnians to rethink what their dream home actually looks like.In response to a trend towards smaller blocks and a rise of medium-density living, modern home designs have evolved and townhomes have been increasingly popular when it comes to the ideal property.What makes a townhome work for modern Australian living?As buyers are increasingly looking for the perfect balance of privacy, space, design and lower-maintenance living, more are turning towards townhomes.A form of medium-density housing, townhomes sit between an apartment and a detached house, offering the best of both of these worlds.Notably, they sit at a more affordable price-point than the traditional quarter-acre block, a key factor that is reshaping the Australian dream.According to Caroline Walters, Head of Marketing at Nostra Homes, the shift has been dramatic.“Looking at the market at the moment, there’s been a huge increase in townhomes in Victoria. she says.“But that change isn’t just about price – it’s a...
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