logo
‘New generation of housing': The property type buyers can't get enough of

‘New generation of housing': The property type buyers can't get enough of

News.com.au21-05-2025
Rising home prices and a limited supply of standalone houses is driving a shift in buyer behaviour that's making way for a 'new generation of townhomes'.
According to Position Property, the sales agent for many boutique Brisbane residential projects, this type of product is attracting strong interest from buyers looking for comfort and space without the upkeep of traditional houses.
RELATED: Vera unveiling sees milestone achieved at Greville
Downsizers, in particular, are lapping up features like four-car garages, whole-floor master suites, and larger than life butler's pantries.
'We're seeing a real surge in demand for townhomes that offer house-like proportions with striking architectural features,' Position Property principal Richard Lawrence said.
'Buyers want the space and lifestyle of a traditional home, without the upkeep. Rightsizers in particular are drawn to the low-maintenance appeal, while still enjoying multiple bedrooms, private outdoor areas, and double garages that feel more like a freestanding house.'
'This new generation of townhomes being delivered in inner city surburbs where people want to live, is redefining urban living.'
Mr Lawrence said townhomes were a 'smart alternative' to renovating an older home — especially for busy professionals and young families who did not have the time or budget to tackle major upgrades.
'These homes come move-in ready with the latest design trends, energy efficiency, and none of the unknowns you get with older properties,' he said.
Construction is moving quickly on a boutique townhome development that's now 50 per cent sold in Brisbane's inner south, thanks to interest from 'rightsizers'.
Some of the homes in Parkside Residences Yeronga are already finished and ready for residents to move in to the collection of three-bedroom townhomes and three-level villas, developed by JGL Properties.
The project neighbours the 22ha Yeronga Memorial Park, just 5km from Brisbane's CBD and within walking distance of the train station, cafes, and retail.
JGL Properties managing director John Livingstone said the development was proving popular with local buyers seeking 'a lifestyle-driven property without compromising on space or quality'.
'This is a unique opportunity to deliver premium homes for owner-occupiers right beside one of the city's most iconic and largest parklands,' Mr Livingstone said
The townhomes are priced from $1.369m and feature two-car garages, private courtyards, and landscaped gardens, with a selection of the homes offered as freehold titles.
A limited collection of house-sized villas are also available, offering three-car lock-up garages, second living rooms, studies, and internal lifts.
Designed by Arkhefield, the townhomes take inspiration from classic Yeronga Queenslanders, blending heritage elements with modern design, and featuring sintered stone benchtops, sleek cabinetry, and high-end European appliances.
Over in Taringa, Beatrice Residences is also close to completion, offering just nine townhomes with a mixture of three and four bedrooms — four with four-car garages.
Located on Beatrice Street, they also boast internal elevators, separate secondary living areas, whole-floor master suites, and outdoor kitchens.
Developed by Creera, prices start at $2.34m.
Brisbane residents Juliette and Wayne Jericho have purchased a three-level villa in Parkside Residences as part of a lifestyle move.
'We're semi-retired and looking to simplify,' Mrs Jericho said. 'Our current home, with a large garden and pool, has become more than we need.
'We wanted to 'right-size' without losing the quality we're used to.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Lunch Wrap: ASX slips as goldies shine; Beach Energy doles out juicy dividends
Lunch Wrap: ASX slips as goldies shine; Beach Energy doles out juicy dividends

News.com.au

time7 minutes ago

  • News.com.au

Lunch Wrap: ASX slips as goldies shine; Beach Energy doles out juicy dividends

Gold rallies as soft US jobs lift rate-cut hopes Oil slides, but Beach bucks the trend with big dividend Endeavour shakes up leadership, Santos eyes long-haul gas deal The ASX slipped 0.2% by Monday lunchtime in the eastern states. A soggy US jobs report, oil prices heading south, and a few boardroom bombshells back home had local traders heading for the exit doors. With all the nervous energy floating around, the usual safe havens took centre stage. Consumer staples – your Woolies and Coles – held firm, and gold stocks lit up the scoreboard. Bullion prices came bounding back after the US reported just 73,000 new jobs for July, well below the 100,000 forecast. Suddenly, all the chat turned back to the Fed Reserve, and the growing odds of a rate cut in September. That's all gold needed to burst through the US$3,300 level. Meanwhile, energy stocks slid this morning as oil prices dipped. Brent fell below US$70 a barrel, with fresh fears that global demand could weaken. Woodside Energy Group (ASX:WDS) shed nearly 1.5%, and most of the sector wore the red. But one name in the energy patch bucked the trend this morning, Beach Energy (ASX:BPT). Despite booking a $43.8 million full-year net loss, the stock jumped 3% after the company promised shareholders a bumper final dividend, tripling it to 6 cents per share. In other large cap news, Endeavour Group (ASX:EDV) jumped 3.5% despite chairman Ari Mervis quitting after an apparent board clash. Duncan Makeig takes over as interim chair, and CFO Kate Beattie steps in as acting CEO until Jayne Hrdlicka starts in January. Elsewhere, Santos (ASX:STO) has inked a non-binding deal with Engie to pump up to 20 petajoules a year from its Narrabri Gas Project into the Aussie east coast market. The two are also eyeing carbon capture tie-ups through Moomba phase 2. It's all still conditional, but if green-lit, it's a long-haul play: 10 years of gas, with a dash of decarbonisation on the side. Santos' shares were down 0.1%. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for August 4 : Security Description Last % Volume MktCap LM1 Leeuwin Metals Ltd 0.160 62% 3,168,360 $9,979,832 TMB Tambourahmetals 0.040 54% 59,164,845 $4,302,377 LKY Locksleyresources 0.190 36% 24,092,761 $25,666,666 WTM Waratah Minerals Ltd 0.400 36% 2,862,914 $68,886,118 1TT Thrive Tribe Tech 0.008 33% 2,054,919 $609,518 SFG Seafarms Group Ltd 0.002 33% 650,452 $7,254,899 TRP Tissue Repair 0.335 31% 496,848 $15,418,535 CYQ Cycliq Group Ltd 0.005 25% 1,622,320 $1,842,067 TMX Terrain Minerals 0.003 25% 5,187,500 $5,063,629 NAG Nagambie Resources 0.016 23% 1,219,574 $10,442,930 BMM Bayanminingandmin 0.075 23% 1,908,901 $6,661,530 1CG One Click Group Ltd 0.012 20% 2,632,640 $11,822,861 AAU Antilles Gold Ltd 0.006 20% 4,299,000 $11,895,340 AS2 Askarimetalslimited 0.012 20% 15,147 $4,041,707 BUY Bounty Oil & Gas NL 0.003 20% 800,000 $3,903,680 RMY RMA Global 0.048 20% 79,072 $26,573,265 WIN WIN Metals 0.024 20% 1,619,478 $11,001,168 OZM Ozaurum Resources 0.077 20% 1,429,884 $14,662,520 D3E D3 Energy Limited 0.380 19% 447,298 $25,432,002 OD6 Od6Metalsltd 0.026 18% 347,857 $3,530,295 GAS State GAS Limited 0.028 17% 4,800 $9,428,421 PXX Polarx Limited 0.014 17% 17,309,930 $28,506,012 PEB Pacific Edge 0.099 16% 35,000 $69,012,858 Tambourah Metals (ASX:TMB) has struck shallow, high-grade gold at its Beatty Park South project, with standout hits including 6m at 25.8g/t from 30m, and a 1m interval grading 126g/t. The aircore campaign tested a historic gold-in-soil anomaly north of Meekatharra, confirming strong mineralisation over a 120m strike and ending in mineralised ultramafic rock. Locksley Resources (ASX:LKY) has submitted an expanded drilling plan to the US authorities for its Desert Antimony Prospect in California, lifting total planned drilling to around 2,180 metres. Backed by over $6.5 million in fresh capital, it's now targeting three stibnite-rich quartz-carbonate vein trends and a new east-west structure identified through recent mapping and 3D modelling. The aim is to define a JORC Exploration Target, with approvals expected in September, and drilling set to kick off shortly after. The project sits just 1.4 km from MP Materials' Mountain Pass Mine, placing Locksley squarely in the US critical minerals corridor. Waratah Minerals (ASX:WTM) has hit more high-grade gold at its Spur project, with drillhole SPRCD062 returning 208.7m at 1.17g/t gold, including a juicy 38m at 3.61g/t. That hole has now extended the Spur Gold Corridor by 500m, taking the known strike to over 1.5km. Waratah is ramping up drilling to map out the full scale of the system. Screen fire assays are still pending, but the early signs are promising. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for August 4 : Code Name Price % Change Volume Market Cap EEL Enrg Elements Ltd 0.001 -33% 1 $4,880,668 GTR Gti Energy Ltd 0.003 -25% 9,489,101 $14,890,619 PAB Patrys Limited 0.002 -25% 2,117,284 $4,731,620 OLH Oldfields Holdings 0.023 -23% 93,521 $6,391,774 DMG Dragon Mountain Gold 0.010 -23% 440,982 $5,130,732 14D 1414 Degrees Limited 0.024 -20% 72,564 $8,748,755 AVE Avecho Biotech Ltd 0.004 -20% 1,521,313 $15,867,318 BIT Biotron Limited 0.002 -20% 35,570 $3,318,115 SIS Simble Solutions 0.004 -20% 9,044,909 $5,411,652 VRC Volt Resources Ltd 0.004 -20% 11,519,212 $23,424,247 RR1 Reach Resources Ltd 0.009 -18% 30,024 $9,618,745 ATV Activeportgroupltd 0.012 -18% 8,900,455 $9,617,679 1AI Algorae Pharma 0.005 -17% 95,494 $10,124,368 ALY Alchemy Resource Ltd 0.005 -17% 145,660 $7,068,458 FRX Flexiroam Limited 0.005 -17% 4,754,902 $9,104,392 AQX Alice Queen Ltd 0.003 -14% 1,020,000 $4,846,437 CHM Chimeric Therapeutic 0.003 -14% 5,479,012 $11,371,932 ENV Enova Mining Limited 0.006 -14% 2,506,417 $10,203,200 NFM New Frontier 0.012 -14% 112,496 $22,472,977 DCC Digitalx Limited 0.072 -14% 11,890,966 $123,168,395 WC1 Westcobarmetals 0.019 -14% 2,328,888 $4,584,349 IR1 Irismetals 0.095 -14% 200,858 $19,575,532 IN CASE YOU MISSED IT ADX Energy (ASX:ADX) has increased oil and gas output in the June 2025 quarter as it lays groundwork for key shallow gas drilling in Upper Austria. Javelin Minerals' (ASX:JAV) revised mining plan features a 15% increase in recoverable gold ounces to 39,000oz thanks to higher grades. Final assays from diamond drilling at Koonenberry Gold's (ASX:KNB) Enmore project in New South Wales highlight the Sunnyside prospect as an emerging bulk tonnage play with high-grade potential. Imagion Biosystems (ASX:IBX) has raised $3.5 million through a heavily oversubscribed two-tranche placement as it prepares to launch a phase II trial of its MagSense imaging tech for HER2+ breast cancer. Initial drilling at Power Minerals' (ASX:PNN) Santa Anna project in Brazil has intersected extensive niobium and rare earth mineralisation across 29 holes. is expanding an antimony drilling program to four targets at the Mojave project, California. LAST ORDERS Sipa Resources (ASX:SRI) is gearing up for a heritage survey at the Crown gold project in WA later this month, ahead of a maiden air core drilling program due to begin in September. The drilling program will test several geological targets and follow up historical rotary air blast drilling and soil sampling. Verity Resources (ASX:VRL) has fired up the drill bit at the Monument gold project, chasing a resource upgrade for the 154koz mineral resource estimate. The mineralised target remains open for further exploration in all directions and at depth, offering plenty of potential for new resource ounces to be found in drilling programs. Norwest Minerals (ASX:NWM) has polished off a phase 1 reverse circulation drilling program at the Bulgera gold project, ahead of schedule and under budget. The 11-hole, 2624-metre program hit multiple zones of prospective rock hosting trace sulphides and quartz veining, consistent with gold mineralisation found elsewhere on the tenure. NWM expects results within 4-6 weeks. At Stockhead, we tell it like it is. While Sipa Resources, Verity Resources and Norwest Minerals are Stockhead advertisers, they did not sponsor this article.

Tourism Australia unveils $130m campaign with a focus on China
Tourism Australia unveils $130m campaign with a focus on China

News.com.au

time34 minutes ago

  • News.com.au

Tourism Australia unveils $130m campaign with a focus on China

Tourism Australia is launching a $130m campaign to lure in more cash-splashing holiday-makers from abroad, with China's exploding middle class top of mind. Ads unveiled by Tourism Australia on Monday offered a glimpse of how the government agency planned to target would-be vacationers from the US, UK, China, India and Japan. In the pitch to Americans, Robert Irwin gives an American traveller the ride of his life in a Toyota LandCruiser through steep sand dunes. Mr Irwin also features in a Chinese-language ad alongside Yu Shi – a young A-list actor leading an explosive career since his 2023 breakout role in a major Chinese epic fantasy franchise. Anthony Albanese gave a first look at the campaign while on his lengthy state visit to China last month. Making up some 860,000 visits, visitors from the country splashed a whopping $9.2bn in the 12 months to March, according to official figures. Both the number of visits and the amount spent were up on March 2024 figures by 26 per cent and 28 per cent respectively. Still reeling from the Covid-19 pandemic and blindsided by devastating natural disasters in recent years, Australia's tourism industry welcomes the trend. While in China, the Prime Minister made no secret that he was hoping to reframe Australia's relationship with Beijing in friendlier terms and shed the spectre of an increasingly militaristic regional rivalry. Though, despite his efforts to escape defence and security concerns, little has changed since his return, with the Trump administration driving uncertainty around AUKUS. The Albanese government has been keen to highlight that other countries are being targeted with the Come and Say G'day campaign. Celebrity chef Nigella Lawson featured in the UK ad, while wellness influencer Sara Tendulkar and comedian Abareru-kun appealed to audiences in India and Japan. All ads featured a chipper Ruby the Roo – an animated kangaroo eagerly urging travellers to 'come and say g'day'. 'The previous campaign struck a chord with visitors, with Ruby the Roo bounding into the imagination of countless guests, encouraging them to book a holiday Down Under,' Trade and Tourism Minister Don Farrell said. 'I know this iteration, featuring popular talent like Robert Irwin, will be a smash. 'Tourism is the lifeblood of so many communities right around the country and creates hundreds of thousands of jobs. 'Come and Say G'day is bringing more visitors to our shores, creating more jobs and growing our economy.'

Sydney price gap: chance to buy units for half cost of houses
Sydney price gap: chance to buy units for half cost of houses

News.com.au

time37 minutes ago

  • News.com.au

Sydney price gap: chance to buy units for half cost of houses

New data has revealed the price chasm between units and houses in Sydney, flagging units to be the next growth frontier in Sydney's property cycle. PropTrack's latest Home Price Index revealed Sydney houses are almost double the price of apartments in many areas, with the citywide median house price at $1,564,000 and the median unit price at $860,000. There was a similar trend nationally. The median price of a house across the nation is now sitting at $915,000, with units at $678,000. The disparity between prices shows the median unit price in Sydney sitting at just 56 per cent of house prices, creating opportunity for homebuyers and investors, experts claim. Metropole National Director Brett Warren said 'we're witnessing a pivotal moment in the Sydney property cycle'. 'Units in premium suburbs are trading up to 70 per cent cheaper than houses and yet they're offering similar lifestyle access and even comparable internal space,' he said. 'That's not just value – it's strategic advantage.' Mr Warren said investors and homebuyers should be paying attention as many units are dramatically undervalued relative to historical norms, particularly in high-amenity areas. 'The key here is long-term capital growth,' he said. According to Mr Warren, as affordability tightens and house prices continue to outpace income growth in Sydney, units in desirable locations are primed for a rebound. This comes as opportunity for units is being fuelled by strong lifestyle demand for newer development offerings. A Metropole release pointed to building data from the City of Sydney suggesting there is also recovery from a post-pandemic dip in apartment completions with large-scale precincts such as in Green Square, Redfern and the CBD once again showing signs of development momentum. 'A lower entry price, smaller deposit and manageable mortgage gives younger buyers a sustainable way to step onto the property ladder in our most expensive capital city,' he said. 'It can be a strategic platform for growth.' According to Mr Warren, homebuyers should also consider townhouses and three-bedroom apartments in price-gap suburbs that offer space, functionality and long-term value without the premium of detached dwellings. 'The savvy move right now is to find the product that's flying under the radar but poised to benefit as the market recalibrates,' he said. 'With the current price dynamics opening a narrow window of opportunity, those with a strategic lens – and a willingness to look beyond traditional housing narratives – could reap the rewards for years to come.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store