The Pros and Cons of Each Option
With property prices, borrowing power, and lifestyle priorities all shifting in 2025, choosing the right type of property has never been more important. Let’s weigh up the key options.
Units
Pros:
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Lower cost of entry
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Typically lower maintenance
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Often located in central, high-demand areas
Cons: -
Strata fees can add up
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Less land ownership, which may mean limited capital growth
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Some lenders restrict borrowing for certain high-density apartments
Townhouses
Pros:
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A good balance between affordability and space
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Often newer builds with modern layouts
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Lower maintenance than freestanding houses
Cons: -
Still subject to strata or community fees
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Limited land ownership
Houses
Pros:
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Full land ownership with strong capital growth potential
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More control over renovations and future developments
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More space and flexibility for families
Cons: -
Higher upfront cost
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Ongoing maintenance responsibilities
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Affordable options may be further from city centres
Which One Fits Your Financial Goals?
Investors may favour units or townhouses in high-growth areas with strong rental yields.
First-home buyers might lean towards affordability and convenience, making units or townhouses more attractive.
Growing families often prefer houses for the extra space, future renovation potential, and land value growth.
Next Steps: Know Your Numbers
No matter which property type you choose, knowing your borrowing capacity is essential.
Use our Borrowing Power Calculator or Book a Call for personalised advice.