Hi all.
I am confused. Must admit it doesn’t take much these days. So the median price for houses and units that we see everywhere for a suburb. Does a townhouse sit in the houses or units median price?
Cheers
JDHi JD,
I didn’t answer earlier, as I don’t know for sure – but I would think that a townhouse should appear under “houses”.My rationale for thinking that is simply because townhouses are mostly built “in a row, on the ground” (not up three levels as is a unit) and these houses each own the land they sit on. With a unit, that is not the case.
Could I be wrong? Hell yes !! But if someone knows I am, please respond with a little more illumination on the subject. Thanks,
Benny
Thanks Benny.
Yes it’s one of those questions that I have always been unable to answer. One answer I have received is it depends on who is doing the values. A townhouse could apear on both. Just had concerns as in my area houses are on the rise in price but units are in the way down. Just had a valuation completed on my town house and it has increased just not as much as I had hoped. So a bit more saving to go before I can start investing.
I would really like to thanks Corey for his excellent help.
Corey is one of the brokers on here. He is based in Adelaide and I am
In Queensland. Nothing was a problem for him. Advise anyone who needs brokerage help to ask him the question.
Cheers.
JD
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