Discussion on Melbourne’s ‘missing middle’ housing solution with Lucas Giannotti highlights benefits of townhouses in inner-north suburbs
These suburbs are located 10 to 12 kilometres from the CBD.The townhouse product targets a diverse market, including first-home buyers, investors, and downsizers.
Townhouses provide an affordable entry point, starting in the early $700,000s, significantly lower than established detached homes in nearby affluent areas.
Modern lifestyle changes mean buyers prioritise convenience over large backyards, which require extensive maintenance.
The inner-north region benefits from high connectivity through public transport, including trains and trams, alongside excellent amenities.
Key locations include Northland, La Trobe University, and a major medical precinct centred around Austin Hospital, resulting in a large tenant pool for investors.
Typical infill projects consist of 4 to 8 units on 650 to 1,000 square metre blocks, offering two, three, and four-bedroom options under low-fee strata arrangements.
Architecturally, these developments blend with the local streetscape, often featuring recycled red bricks.
Giannotti advocates for this model as a practical solution to housing needs in Melbourne.
For more information, visit Hotspotting.
