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May 2024 in Meet Your Neighbours
We ask Marlon Fernando, DFC Sales Development Manager, what’s behind its growing popularity.
What is medium density housing?
Medium Density Housing sits between traditional detached housing and large multi storey apartment buildings. It’s been made possible through establishment of the Small Lot Housing Code which facilitates the development of Townhouse Product on individual lots which sit under 300sqm.
What are the benefits of medium density and townhouse living?
While the benefits of Medium Density are multifaceted, its major drawcard is its affordability relative to more traditional detached housing. Significant interest rate rises since 2022 have constrained many prospective property owners from entering the market. Medium Density offerings provide customers with a more tangible opportunity means of doing so and offer genuine ‘turnkey’ solutions which are of particular interest to First Home Buyers and Investors.
Are you seeing an uplift in demand for medium density housing, and if so, what’s driving this?
Medium Density has grown in prominence within the Greenfield market. Housing affordability is constantly being challenged and Medium Density offerings represent a great way for prospective property owners who might not otherwise be able to enter the market through traditional housing, taking the first step along their property ownership journey.
What types of medium density housing are popular right now? What features are people looking for? A full turnkey solution?
A key benefit of Medium Density offerings is the ‘Fixed Price’ component which gives purchasers much needed comfort clarity as to exactly what their home will cost upfront. Purchasers are also definitely looking for genuine ‘turn key’ solutions so their home is ‘move in ready’, thereby alleviating some of the pressure in what can typically be a highly stressful experience.
We ask Marlon Fernando, DFC Sales Development Manager, what’s behind its growing popularity.
What is medium density housing?
Medium Density Housing sits between traditional detached housing and large multi storey apartment buildings. It’s been made possible through establishment of the Small Lot Housing Code which facilitates the development of Townhouse Product on individual lots which sit under 300sqm.
What are the benefits of medium density and townhouse living?
While the benefits of Medium Density are multifaceted, its major drawcard is its affordability relative to more traditional detached housing. Significant interest rate rises since 2022 have constrained many prospective property owners from entering the market. Medium Density offerings provide customers with a more tangible opportunity means of doing so and offer genuine ‘turnkey’ solutions which are of particular interest to First Home Buyers and Investors.
Are you seeing an uplift in demand for medium density housing, and if so, what’s driving this?
Medium Density has grown in prominence within the Greenfield market. Housing affordability is constantly being challenged and Medium Density offerings represent a great way for prospective property owners who might not otherwise be able to enter the market through traditional housing, taking the first step along their property ownership journey.
What types of medium density housing are popular right now? What features are people looking for? A full turnkey solution?
A key benefit of Medium Density offerings is the ‘Fixed Price’ component which gives purchasers much needed comfort clarity as to exactly what their home will cost upfront. Purchasers are also definitely looking for genuine ‘turn key’ solutions so their home is ‘move in ready’, thereby alleviating some of the pressure in what can typically be a highly stressful experience.