These townhouses are for sale at the Glen Eden Mews Estate, Glen Eden, Gladstone.
These townhouses are for sale at the Glen Eden Mews Estate, Glen Eden, Gladstone. Luka Kauzlaric

Which gives more bang for your buck - house or unit?

A TOWNHOUSE may take more cash out of your pocket but for some, the thought of such a Gladstone investment is smack bang on the wishlist.

Gladstone Ray White principal Andrew Allen said currently the most popular housing type was older, established homes in the $300,000 to $350,000 price bracket, with buyers being more in the young families and first home buyers category.

"The price of a new, small, three-bedroom house will often be on par with a three-bedroom unit," he said.

"Although you get some land and a yard with the house, a unit or townhouse may often provide a more convenient location."

But a three-bedroom old house will generally cost less than a new unit or townhouse, he said.

Townsville resident Julie Bennett has recently had her eye on Gladstone property.

The 65-year-old retiree already owns three homes - in Brisbane, Melbourne and Townsville.

But while a standard-sized home generally attracts her investment, she said a townhouse was also a good compromise.

"I like getting height in Gladstone; it helps get the breezes," she said.

"You have the height so that you don't need to have the air-con on as much."

Ms Bennett's daughter recently moved to the region - one of the major reasons she now keeps her eye on Gladstone property.

"It's like a hobby in a way as well. But there is a chance that I would invest."

Ms Bennett said if the right chance to invest arose, at her age she would choose the townhouse option, with lower maintenance being one reason.

"But it's hard to make black-and-white statements over that - it depends on circumstances," she said.

And while body corporate would be one negative, she said she would only buy in places with two or three townhouses in a block.

"I would be quite happy to buy two and live in one - it reduces the complications," she said, when discussing body corporate fees.



Chart-toppers return to Gladstone with new hits in big tour

Chart-toppers return to Gladstone with new hits in big tour

Gladstone included in Sheppard's new tour.

$150k for Boyne Tannum pool study promised in budget

$150k for Boyne Tannum pool study promised in budget

Council to explore options to fulfil Boyne/Tannum need for a pool.

Northern Oil in Australian-first hydrogen production project

Northern Oil in Australian-first hydrogen production project

Company announces game changing deal.

Local Partners