Townhouse switch

ONE type of house has changed Queensland's residential landscape, research has shown.

It seems townhouses have become much more popular, according to research by the Real Estate Institute of Queensland (REIQ).

Residential three-bedroom townhouses have proved to be an obvious choice when purchasing a home.

People have been looking for the characteristic "best of both worlds".

REIQ managing director Dan Molloy said townhouses were especially sought-after because of their price.

"They are attractive to buyers who desire a larger property, which is still affordable, but is located closer to the city or entertainment precincts," Mr Molloy said.

"Many people, whether they are buyers or renters, still want a three-bedroom property but don't want the hassle of general home maintenance such as spending your weekend mowing the lawn," he said.

The number of townhouses being rented over the last 10 years had increased by 80% by data collected by Residential Tenancies Authority (RTA).

Topics:  property townhouses

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