Looking for your dream home in a great neighbourhood – but at a more affordable price? A townhome could be the answer.
As the massive demand for homes in Melbourne's housing landscape continues, townhomes are emerging as a new solution to the property crunch.
Seen as a ‘middle ground’ between an apartment and a detached house, townhomes suit a range of buyers and are leaping ahead in popularity due to their more affordable pricing and high-quality inclusions.
Given the upsides, the trend is being pioneered by some well-known and trustworthy builders, including Nostra Homes.
Notable for two decades of experience in townhome builds, Nostra Homes see building this attractive form of housing in desirable communities as the way of the future.
Townhomes are growing in popularity among Melbourne buyers.
Why choosing a townhome is a smart decision
According to Anthony Caruana, Managing Director of Nostra Homes, the reason townhomes are gaining popularity is clear – it's a wise choice for buyers in an increasingly competitive market.
"The landscape around affordability in our current marketplace has been developing over the years, and townhomes offer the ability to buy and not necessarily compromise so much on lifestyle and floor space," he explains.
Townhomes typically feature layouts that adapt seamlessly across various life stages, making them suitable for young professionals, families, and even retirees, and can easily offer three- to four-bedroom options with plenty of open space for family.
They typically feature multiple levels, allowing compact design alongside access to private, smaller outdoor spaces.
They also come in an array of beautiful designs and above all else are very cost-effective for first-time buyers and investors, he adds.
For added security, Nostra Homes also has a partnership with RACV that provides 12 months of RACV Home Assist as standard across their range of homes.
Nostra Homes specialises in building modern, beautifully designed townhomes to suit a range of buyers.
What you really get with a new-build townhome
When it comes to a new townhome, there is much more than just knocking together a smaller compact home.
Mr Caruana says buyers should expect clever floor plans that maximise usable space, smart storage systems and stylish, modern finishes.
"It's our bread and butter – 95%, if not more, of what we build have been townhomes, so we know what buyers do and don't like,” he explains.
"First and foremost, it's balance between functionality of the floor plan, comfort, and modern design."
"We know customers want a home that supports a low-maintenance lifestyle, but it also must have quality finishes that look good and layouts that make sense.”
“Energy efficiency resonates strongly with the market too.”
Mr Caruana adds that each of Nostra Homes' new designs undergo a rigorous process, incorporating customer feedback and insights to create homes that are liveable, not just attractive.
A well-designed townhome maximises space, making it a practical choice for modern lifestyles.
Why more Melbourne buyers are turning to townhomes in growth corridors
It's no secret that Melbourne is witnessing a surge in interest for homes, particularly in key growth corridors, and it’s an area where townhomes are fast becoming the popular choice.
"Townhomes were always a thing in urban settings but not so common as you started to stretch out beyond the 30-kilometer range,” Mr Caruana says.
“But we know with housing demand and prices that they are increasingly something customers want and need in these newer areas. So, we were probably the pioneers when it came to townhomes being built in greenfield areas."
He says as a result, Nostra Homes has a significant presence in these areas, including communities in Melbourne’s south-east, west, and north.
In a lot of cases, buyers can also choose to purchase Nostra Homes that are prebuilt or bearing completion, reducing construction wait times and helping people get into the market sooner.
A pre-built townhome means buyers can get into the property market sooner.
In the northern suburbs, buyers can find turnkey three-bedroom homes in the flourishing areas of Cloverton and Kalkallo.
In Mickleham, Nostra Homes have beautiful four-bedroom modern designs available such as The Elba, starting from $559,000, featuring high-quality fittings and a family-friendly layout.
In the west, Nostra Homes has newly available turnkey three-bedroom modern townhomes, as part of their popular Murano residences range, starting at $479,000.
These homes boast exquisite fittings and a variety of layout options.
Meanwhile, in the south-east, estates in Clyde present a selection of townhomes close to schools and parks, with facades that range from modern light and bright to the more upmarket Hampton style, starting from $489,000.
Mr Caruana says these projects are the result of the growing demand for these townhomes in Melbourne's outer greenfields.
"They do extremely well because they're thought out and cleverly designed and are master-planned into areas with town centres that feature top-notch amenities, close to shopping, transport, parks, and recreational facilities,” he says.
He adds that future buyers also don't have to guess what these will look like with examples already built, and Nostra Homes displays available in locations across the city.
Custom Call to Action
English (US) · 