‘New generation of homes’: Can’t get a house? Buy this

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.

The kitchen in the Parkside Residences display home in Yeronga by JGL Properties. Image supplied.

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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.”

Brand new townhomes called Beatrice Residences in Taringa. Image supplied.

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“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.

The kitchen in one of the townhomes in Beatrice Residences. Image supplied.

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.

There’s even room for a firepit in some of the new townhomes under construction. Image supplied.

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.

The second living area in the Parkside Residences display home in Yeronga by JGL Properties. Image supplied.

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.

An artist’s impression of the courtyard in one of the townhomes in Parkside Residences, Yeronga. Image supplied.

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.”

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