Downsizing in Australia - Mark O'Shea | Page 46

DOWNSIZING IN AUSTRALIA by-side developments where there is a common or ‘party’ wall down the middle of the two homes with each home having a small front yard and a small rear yard. The original size of the allotment will determine how much rear yard each property will have. A smaller detached home is also becoming very popular with downsizers as growing residential communities are now developing blocks of land around the 300m 2 to 400m 2 . There is an option to go from the typical quarter acre block or 1012m 2 down to 300–400m 2 . Around the major cities, especially Melbourne and Sydney, we are now witnessing the expansion and rapid growth of apartment living. Typically, an apartment complex is horizontal living whereas downsizing into units, townhouses and smaller detached homes is vertical living. The major difference between horizontal living and vertical 046