5 Things to Consider When Buying Your Next Townhome

With more space than an apartment but less maintenance than that of a house, townhomes have become the perfect home option for first-time buyers and downsizers alike.

When on the hunt for the perfect townhome, there are a few key criteria to take into consideration to ensure you’re getting the best value possible.

 

1. Location

Arguably the most important aspect to consider when buying a new home is its location. How close is it to local shops, parks or recreation? Is it far from the city or public transport links for your commute to work?

Located right on the water in Rippleside, Balmoral Quay connects residents to the very best Geelong has to offer. Victoria’s second major city, Geelong is one of the busiest property markets in regional Australia right now. Anne Flaherty, economic analyst at REA Group, says views of Geelong properties on realestate.com.au were up 42% year-on-year to January with unit views up 31%.

And it’s no surprise; Geelong is brimming with an abundance of shopping, dining and recreation as well as a range of top education facilities, including Geelong Grammar and Deakin University.

There are also a number of transport links nearby. Travel right into the heart of Melbourne’s CBD in an hour either by train, with the V/Line train from nearby North Geelong train station, or by car via the freeway. Also nearby is Avalon Airport, which can connect you to Sydney, Adelaide and the Gold Coast, with international flights soon being offered.

If you’re looking for a more unique mode of transport, you can jump on the ferry from Geelong and enjoy a leisurely cruise to Melbourne or take the short drive to Queenscliff and catch the ferry across the bay to the beautiful town of Sorrento on the Mornington Peninsula.

 

2. Lifestyle

When choosing your new home, another factor that often comes into play is the lifestyle on offer. At Balmoral Quay, you can enjoy the coastal, relaxing lifestyle that Rippleside is known for without compromising on nearby amenity. The Geelong Promenade is just a 7 minute bike ride, or 26 minute walk away, via the waterfront bike and walking path, and is brimming with cafes, restaurants and shopping precincts. You will also be within walking distance of the local beach, parks and your favourite restaurants. Balmoral Quay’s location right on the water’s edge means that you also get a breathtaking view across the water out to Port Phillip and Geelong.

Another major drawcard of the Geelong area, is its easy access to the Great Ocean Road and the Bellarine Peninsula, meaning some of Victoria’s best beaches, like Torquay, Bells Beach and Lorne, are just a short drive away.

3. Shared Facilities

Another reason buyers are opting for a townhome over a stand-alone house is the common facilities on offer within the development.

Residents of Balmoral Quay will have access to Balmoral Park, a private park located within the development and right on the water’s edge. Out the front of the development is Geelong’s first floating marina catering to all of your boating needs – from individually metered power and water at every berth to permanent 24/7 camera monitoring.

 

4. Low Maintenance

Don’t spend your weekends tending to a large lawn and garden area. With a townhome, you can live in a two, three or four bedroom home and forego the maintenance.

At Balmoral Quay, our Waterfront and Parkfront townhouses include low maintenance outdoor living areas such as rooftop terraces, balconies and courtyards with small garden areas.

 

5. Space

Smaller than a house but with more space than an apartment, townhomes often have all the space you need. At Balmoral Quay we have made the most of the internal and external spaces with open plan living areas that flow out into courtyards, rooftop terraces or large balconies. We have also considered storage options throughout, with built-in robes, linen closets and secure storage space within the garage.

Townhomes are a great way to achieve your location goals and lifestyle choices. At Balmoral Quay, we have a community of Waterfront townhomes from $2.8m, Parkfront townhomes from $1.6m and smaller Mews Townhomes located away from the foreshore promenade starting from $1.2m. Come down and book your appointment with us today!

The display suite is located at 43 Liverpool St Rippleside and is open Saturdays and Sundays from 10 am – 3 pm.

For all enquiries, contact Balmoral Quay’s agents Barbara Wookey and Jim Cross on 1300 550 554.