NSW Would you think of a unit as more analogous to an apartment or townhouse?

Discussion in 'Property Analysis' started by jaybean, 15th Jul, 2017.

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  1. jaybean

    jaybean Well-Known Member

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    E.g. something like this:

    5/57 Fairbank Street, Sunnybank, Qld 4109 - Property Details

    100% single story all with their own backyards. Not really a townhouse, not really an apartment.

    Would you think from an investment perspective they're more within a "townhouse" or "apartment" classification?
     
    jaybean, 15th Jul, 2017
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  2. wylie

    wylie Moderator Staff Member

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    I'd say townhouse.
     
    wylie, 15th Jul, 2017
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  3. datto

    datto Well-Known Member

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    I'd say a unit is more analogous to an apartment.
     
    datto, 15th Jul, 2017
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  4. jaybean

    jaybean Well-Known Member

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    It's funny because if you take one of these and put a second story on it, well I mean that's just what a redbrick is right. It's no doubt an apartment.

    I think units walk a fine line but I'm thinking they're more in line with townhouses than apartments.
     
    jaybean, 15th Jul, 2017
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  5. datto

    datto Well-Known Member

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    What about 2 level units in high rise buildings? Maybe they're called units because they don't sit on the ground.

    For me a townhouse sits on the ground, has 2 or more levels, a small backyard and maybe a front yard.
     
    datto, 15th Jul, 2017
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