- BokoParticipant@bokoJoin Date: 2014Post Count: 2
Hi, Is it more profitable to build 2 or 3 x 4 Bedroom Townhouses rather than trying to squeeze 4 x 2 Bedroom Townhouses on a block in Melbourne’s North and Western inner to middle range suburbs ed Niddrie, Airport West, Avondale Heights, Braybrook, Footscray, Newport, Seddon etc? There seems to be less 4 bedroom townhouses being built now, so demand may be exceeding supply. Any thoughts?.[email protected]Participant@michaelpickhamJoin Date: 2014Post Count: 6
I’m from Sydney so my Victorian knowledge is not my strong suit, however, in regards to the 3 or 4 bed T/Houses over a 2 bed, I think it would be wiser to go for size and quality of the 3/4 beds. They sell for more, rent for more and majority of buyers prefer a bit of space rather than a closed in feeling. You could certainly attract a premium and go for PPOR ownership who like to pay a bit more for a bit more typically.
MichaelRedwoodParticipant@redwoodJoin Date: 2013Post Count: 340
Simple answer is – it depends :)
Consideration include the size of the block – the suburb – the cost – town planning regs amongst fifty other considerations….