statistics - where do townhouses fit in ?

Discussion in 'Property Market Economics' started by Logan, 20th Jun, 2015.

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  1. Logan

    Logan Well-Known Member

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    Evening SS'ers, sorry property chat people - just wondering what the consensus is about where town houses fit into statistics - are they houses or units ?
     
    Logan, 20th Jun, 2015
    #1
  2. Arashi87

    Arashi87 Well-Known Member

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    I believe anything contains strata are part of units? Correct me if wrong.
     
    Arashi87, 20th Jun, 2015
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  3. DaveM

    DaveM Well-Known Member

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    Units
     
    DaveM, 20th Jun, 2015
    #3
  4. Rixter

    Rixter Well-Known Member

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    Depending upon which state's stats you are viewing, some states umbrella flats, villa's apartments under 'Units', and some states list townhouses separately.
     
    Rixter, 20th Jun, 2015
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  5. devank

    devank Well-Known Member

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    I thought town-houses, duplexes & villas come under 'houses' in property statistics. This is one of the reason the 'median' for a house price may look a bit lower than the reality.

    In government (NSW), generally, anything under strata comes under 'Multi Dwelling'.
     
    devank, 20th Jun, 2015
    #5
  6. Coota9

    Coota9 Well-Known Member

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    Logan,

    Good Video on the subject..know what you are buying in that state!!

     
    Coota9, 20th Jun, 2015
    #6
  7. Rixter

    Rixter Well-Known Member

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    Yes there are differences between the states.
     
    Rixter, 20th Jun, 2015
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  8. jins13

    jins13 Well-Known Member

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    Excuse my ignorance, but on the plans for townhouses why do they call it all units?
     
    jins13, 21st Jun, 2015
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  9. Rixter

    Rixter Well-Known Member

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    Probably because that's what they umbrella it under in your jurisdiction.
     
    Rixter, 21st Jun, 2015
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  10. Logan

    Logan Well-Known Member

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    thanks for the replies - I can now see why some median prices are so low (700ks) when I know houses in that area sell for over 1.2m, even vacant land is over 1m
     
    Logan, 21st Jun, 2015
    #10
  11. jins13

    jins13 Well-Known Member

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    I think one of the long term posters had a post in SS about how he ultised buying townhouses as part of his investment plans. Sorry can't find it
     
    jins13, 27th Jun, 2015
    #11
  12. Rixter

    Rixter Well-Known Member

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    We purchased villas and townhouses.
     
    Rixter, 27th Jun, 2015
    #12
  13. jins13

    jins13 Well-Known Member

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    Could have been your article Rixter. A long article about your property journey through the acquisition of villas and townhouses?
     
    jins13, 27th Jun, 2015
    #13
  14. Rixter

    Rixter Well-Known Member

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    Yes could be the one...I also had a couple of links at the bottom of the post titled We've done it & We've done it again that listed IP's we purchased in Brisbane & Sydney.
     
    Rixter, 27th Jun, 2015
    #14
  15. Logan

    Logan Well-Known Member

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    @Rixter did you find town houses to be significantly cheaper than houses in terms of land tax ? How did they calculate the land tax ? i.e. is there a value for the total site and then they just divided it be the actual proportion of land your town house was on ?
     
    Logan, 28th Jun, 2015
    #15
  16. Dinamo

    Dinamo New Member

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    Hi guys,

    Reviving this thread. Just want to understand which states classify townhouses/villas as houses and which as units? Personally, I'm interested in Qld (Brisbane), but could be handy for others if there was a table for all states. How do we go about finding out which jurisdictions classify townhouses as Units/Houses?

    Thanks!
     
    Dinamo, 8th Apr, 2016
    #16