« Back to Glossary Index
Townhouses are typically two storey self-contained properties within a complex of three or more dwellings. They can be attached or freestanding, with the buyer owning the dwelling and sharing ownership of the land and common property with the other owners in the complex. Most have a courtyard and a garage or carport and are strata titled. Owners pay an annual levy to a body corporate that maintains common property and takes care of insurance.
