A rear strata development or a house behind a house can be a great introduction to property development
With the push for greater infill re-development, the rear and survey strata have been embraced as mainstream housing. Lots in areas with the lower densities – such as R20 and R25 – are similar in size to what would be considered an average block size in most greenfield estates.
There are many benefits to undertaking this type of development. One of the main drivers is accessing the equity sitting in your backyard that has accumulated over years of ownership. That equity can be realised by the sale of the newly created investment property – which could also be the original home – or via a rent and hold approach.
Equally important are lifestyle changes where owners are looking at downsizing to a more manageable easy-care lot size and building a new home without having to relocate. This also gives owners the opportunity of including features in their new home that assist them with future aging in place.
Rear strata developments in Perth are very popular with first-time developers and downsizers, because sourcing an opportunity can be as simple as looking out your back door.
Devplex can assist in making that opportunity a reality. With Devplex, you can relax knowing you’re in the possession of prestigious rear strata home design experts in Perth that genuinely understand the intricacies of rear strata. Simply find a rear strata home design in Perth that speaks to you, then work with our talented design team to personalize it to match your needs.
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