Join Australia's most dynamic and respected property investment community

3/4br for "downsizers"

Discussion in 'Development' started by SerenityNow, 28th Jan, 2016.

Tags:
  1. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    I see a lot of new townhouses, with three or four bedrooms, and the master with ensuite on the ground floor.

    Do "downsizers" really live in these massive places? To me, 3/4 bedrooms means someone has a family... o_O
     
  2. EN710

    EN710 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,099
    Location:
    NSW
    I reckon downsizer of a house in 600sqm backyard :p Still have the rooms minus the maintenance
     
    Cactus and Rugrat like this.
  3. Esel

    Esel Well-Known Member

    Joined:
    4th Aug, 2015
    Posts:
    405
    Location:
    Melbourne
    I think having the capacity to host family and friends would be important for a lot of downsizers.

    Ive got family who 'downsized' to a 3 bed place that was more expensive than the 4 bed house they sold.

    What they were really downsizing was maintenance, especially the garden. They wanted something in a better location (more central) that they could 'lock up and go'. But they also wanted something big enough for all their stuff and for interstate grandkids to stay.
     
    Cactus, Van-o, Rugrat and 1 other person like this.
  4. MTR

    MTR Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    7,300
    Location:
    Perth, Melbourne, USA
    My SIL downsized to a mansion go figure, no children, just smaller block. All to their own.

    Downsizing can mean townhouses, but generally if this is the case you would want master bedroom/ensuite downstairs or single storey.
     
    SerenityNow likes this.
  5. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    Hmm, I guess if you look at it as "my last ppor = treat/luxury" it makes sense.
    No backyard. Bedroom downstairs. Walk to PT. Space to entertain - I guess extra bedrooms means they'll sometimes have people over? In that case, 3br makes sense... 4br seems like it should still be mostly families? o_O I guess it depends largely on the suburb, too.
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,544
    Location:
    Sydney or NSW or Australia
    Provided that there are two living areas & two ensuites, these make alot of sense.

    A developer that I worked with in the late 1990's built 3 of these on a block. No yard, dlug, 3 bed (2 upstairs).

    They sold very quickly.
     
    SerenityNow likes this.
  7. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    2,944
    Location:
    Perth
    Got to have room for the grand kiddies to come and stay :)
     
    SerenityNow likes this.
  8. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    Yep... pretty much what I'm dreaming of ;) 3x2x2 seems to be the magic combo, appealing to everyone.

    4br marketed to "downsizers" is what really confuses me - visited one of these recently at an open house, and folks there were clearly looking to get a big place for their families. I suppose they could also appeal to "downsizers" like @MTR's SIL. Although maybe the agent just put that in because some of these 4br properties have basically 0 useable (by kiddies) yard? And maybe ground-floor master suite appeals to parents who want some space from their kiddies?
     
    MTR likes this.
  9. See Change

    See Change Timing Lord Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,140
    Location:
    Sydney
    also when retiring , one bedroom to sleep in ( or two if someone snores ... ) then each person needs a study / activity room where they do stuff outside the living room .

    We've downsized ( 2/3rds previous size ) but still going to have 4 bedrooms after reno as it's what people expect in a house in our area . Three bedroom house makes it much less sellable and worth less to a family . SWMBO wasn't convinced re four bedrooms , but a straw poll of friends convinced her.

    Cliff
     
    Cactus and SerenityNow like this.
  10. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    2,944
    Location:
    Perth
    The 4 bedders may appeal to those with teenagers who no longer need garden to play in. I agree, it's a certain market who want 4 bedrooms and 0 garden.

    I'm building a duplex, each only has 180sqm of land. One side is 3 x 2 x 2 with an extra living area upstairs. The other side turns that extra upstairs living area into a 4th bedroom. The difference is that there is quite a 'large' amount of garden - approx 40-50sqm of grassed area and a school oval across the road for more play area.
     
    SerenityNow and EN710 like this.
  11. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    Do you currently live in a 6 bedroom house? :eek:

    But that's actually something I hadn't thought of; in a house, you'd have a shed for your hobbies. In a townhouse, you'd need an extra bedroom for that hobby.
     
  12. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    I'd wouldn't call 180 sqm "only" :eek: for a 3 bedder with that kind of open space. They sound nice.
    I'm a little jealous now :p
     
  13. Chilliblue

    Chilliblue Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,578
    Location:
    Australia
    My parents downsized from a 5 bedroom house on 680m2 to a 3 bedroom on 5 acres. Apparently it is the size of the house not the land.:rolleyes:
     
    SerenityNow, MTR and EN710 like this.
  14. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,093
    Location:
    Melbourne, Nationwide
    My parents reguarly have their kids and grandkids around for the weekend. They have a massive house but when everyone is there, it's hard to find a spare bed (someone inveariably ends up in the caravan - usually me).

    We're designing our new house with 4 bedrooms, we don't have kids. The master/ensuite on the ground floor in anticipation of living there until we're 80. The other bedrooms will be a large guest bedroom and a study each. Lots of space for two people, but I expect we'll fill it quite easily.
     
    SerenityNow, hobo and EN710 like this.
  15. Jacque

    Jacque Buyers Agent and Bookworm, Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    516
    Location:
    Sydney
    Times have changed and the way we utilize spaces within homes. Traditional 4th bedrooms often end up becoming studies, surplus dining rooms get converted into living spaces/open plan bigger eat-in kitchens and old laundries become walk-in pantries or even en-suites (in some setups). I'd say having that extra "bedroom" becomes a necessity if you do any type of work or office-setup from home, which most people do these days. My parents are both retired but still use a full study for their interests and artwork/storage etc. What we're seeing less of are media rooms and large laundries in new housing in favour of bigger living spaces and more generous storage solutions.
     
  16. See Change

    See Change Timing Lord Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,140
    Location:
    Sydney
    In down sizer now . It has three bedrooms but the living area occupies about 2/3rds of the house . Three living rooms . One will become a bedroom .

    Cliff
     
  17. wogitalia

    wogitalia Well-Known Member

    Joined:
    28th Oct, 2015
    Posts:
    871
    Location:
    Perth
    Most 4 bed places these days the 4th bed is as much a study as a bedroom (average family has no need for it...).

    I've still got upsizing to go through a couple of times before worrying about downsizing but I would absolutely want a spare bedroom or two for family (depending how close to family you end up and whether it's stay over or come and go) and a study of my own so 3-4br makes sense to me.
     
  18. Marg4000

    Marg4000 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    898
    Location:
    Qld
    No intention of downsizing.

    Over Christmas we had 8 extra people staying here, even with 4 bedrooms we had an air bed in the family room.
    Marg