From terraces to low-rise blocks to high-rise complexes, Sydney buyers are spoilt for choice..
- Townhouses - can offer courtyards or gardens at both the front and the back, which is particularly good for young families. Also, it's the kind of design attractive to empty-nesters who are more used to houses and feel this is a good compromise.''
- Strong demand for apartments in a new 20-level, 160-unit high-rise being built as part of the Village Quay development at Rhodes. Part of a complex that will eventually include two 24-level towers and two five- to six-storey blocks, adding up to 750 units, VQ: Shores, with views over Homebush Bay to the Blue Mountains, has been proving extremely popular.
- A lot of people look for security these days, and high-rise can offer that, as well as good views
- The Chinese market in particular prefers high-rise, as that's what they're used to historically.
- Younger people also don't want to have to mow lawns every weekend, they want to enjoy themselves in their spare time rather than doing chores, while downsizers like being able to lock [their homes] up and go off on holiday without worrying.
- High-rise developments can have the bonus of lower strata levies, as communal costs for shared facilities, such as pools and gyms, are shared over a much wider base of apartment owners.
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