Exploring Diverse Housing Options in Victoria

Why live in Victoria? Well, those looking to call this vibrant state home will find cities and suburbs steeped in unmatched cultural richness, panoramic beauty, and an array of economic opportunities for people from all walks of life. Moreover, families, couples and individuals are all presented with a wealth of living options available, ranging from colonial-style standalone homes from bygone eras, to compact and affordable townhouses, to a selection of exciting house and land packages in several new developments. The options on offer cater to different lifestyles, preferences, and budgets, whether that be bustling urban centres or serene coastal areas.

Buying a house in Victoria is an exhilarating venture, and Carolina by AVID emerges as a premier housing choice in the region. With an array of housing designs provided by the leading house builders in Victoria, ranging from land and house package options to modest townhomes, Carolina, Deanside delivers a sparkling landscape perfect for investors, families, young couples, or downsizing retirees that truly value community living.

If you are currently searching for the perfect property to act as your dream home, let’s review some of the housing options available throughout Carolina and wider Victoria in a little more detail. 

Understanding the Victoria Housing Market

Like much of Australia, the Victorian real estate market has experienced significant growth in recent years. According to data supplied by REIV, after an extended period of moderate median sale price increases, the end of 2020 saw an unprecedented surge in demand that the available supply could not satisfy. Both metro and regional areas held record asking prices for their houses and units.

Fortunately for those looking to buy a house in Victoria, a range of housing developments in regional areas still offer wonderful value for money amid modern, community living. Wider economic growth and planned urban development with many prominent small house builders are fuelling a new search for house and land packages in Victoria, offering an affordable way to break free from the city and settle in a unique, scenic oasis. These regions have far more land supply available, as well as a selection of planned or existing local amenities and features, such as shopping centres, schools, retail strips, parks, biking trails, and so much more, enhancing social connections and fostering vibrant communities.

Investment in Victoria’s property market may hold attractive returns alongside a satisfying living experience, but a deeper understanding of these trends can guide prospective homeowners and investors to make more informed decisions.

Housing Options in Victoria

Victoria’s housing market has blossomed, offering a diverse and appealing range of options for homeowners and investors alike, including:

• Standalone Houses: These properties provide space, privacy, and the opportunity for personalisation. They come in various architectural styles and sizes, from quaint bungalows to sprawling mansions. Requiring an average investment higher than other properties, standalone houses work well for families or individuals looking for a more traditional, independent living space.

• Townhomes: The perfect blend of urban sophistication and suburban comfort, townhomes are ideal for those who desire a more affordable, compact space with proximity to various amenities, without sacrificing space. Often designed with modern aesthetics and sustainable features, townhomes can deliver a wonderful home with less maintenance and upkeep while fostering community living in Victoria.

• Apartments: Apartments provide a convenient, smaller option for those who love city life. With various sizes, designs, and locations, units can cater to singles, couples, and small families, and offer additional perks such as communal gyms, pools, and security features.

• Land for Sale: Buying a house in Victoria isn’t just about ready-made homes. There are blocks or lots of land for sale of all sizes available for those who dream of building their own abode from the ground up. Working with experienced house builders in Victoria, you can design and create a home tailored to your specific needs and tastes.

• House and Land Packages Victoria: House and land packages in Victoria are designed to simplify the home-buying process, offering affordable, stress-free and ready-to-move-in homes with customisable plans (parts of the project like the driveway and landscaping may need to be completed separately). These packages often appeal to first-home buyers, families, or investors, as they allow for financial predictability and personalised designs.

Factors to Consider When Choosing a Housing Option

When considering standalone properties, units, or house and land packages in Victoria, be sure to review the following:

• Upfront & Ongoing Expenses: Understanding your budget is imperative when buying a house in Victoria. Price ranges vary significantly based on features in the property itself, as well as based on location and surrounding amenities. Be sure to consider not only the upfront costs, such as the price of the property and associated stamp duty, but also any ongoing expenses, including maintenance and upkeep, taxes, and homeowners’ insurance.

• Location: Where the property is situated will play a vital role in not only its value, but also the convenience of daily living. Proximity to schools, healthcare facilities, shopping centres, entertainment venues, and even its position to sunlight will directly impact how you and your family enjoy the area. Consider future development plans in the area and how they may affect your property’s worth and accessibility.

• Lifestyle: Are you seeking a lively urban environment or a peaceful suburban retreat? Your lifestyle preferences should guide your choice. For example, if you value community living in Victoria, a townhome in a close-knit neighbourhood may be ideal. On the other hand, if you have always wanted to design your dream home from scratch, you should explore land and house packages in Victoria.

• Size and Layout: Think about your current and future space needs. A growing family might need extra bedrooms, while a home office could be a priority for remote workers. Again, house and land packages often allow for customisation, enabling you to design a home that suits your unique requirements.

• Amenities and Features: Consider the amenities and features that matter most to you. From a modern kitchen and outdoor entertaining area to a community swimming pool or gym, these extras can add significant value and enjoyment to your living experience.

• Potential for Growth and Resale: Look for housing developments in Victoria that offer the potential for growth in property value, especially if you plan to move again in the future. No one has a crystal ball, but take the time to research the history of property values in the area, and consult with real estate professionals to gauge future trends.

• Working with Builders: If you’re considering building a new home, working with reputable house builders in Victoria who can deliver quality craftsmanship and adhere to your budget and timeline is essential. Check their credentials, past projects, and customer reviews to ensure a smooth building process.

<H2> AVID’s Carolina: The Perfect Balance of Comfort and Convenience

Whether you are searching for your first property, downsizing to something a little more comfortable, or searching for a new addition to your portfolio, the selection of standalone homes, townhomes and house and land packages in Victoria are unrivalled across the country.

Located in Deanside, Carolina by AVID Property Group allows you to experience the richness and diversity of Victoria’s housing market first-hand. Sat just minutes from Caroline Springs, you will find a collection of beautiful, modern townhomes available, luxurious, affordable and innovative house and land packages, as well as sizeable pieces of land for sale.Explore these options while they are still available, and become part of one of the most exciting new community developments in Victoria. Register your interest today.