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    Horsham real estate agent Wes Davidson.
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    A housing development is being planned for Alexander Avenue in Horsham.

Growing need for housing diversity key: Agent

The real estate agent managing a new multi-million-dollar apartment development in Horsham’s north believes the project reflects a growing need for Wimmera housing diversity.

Wes Davidson from Wes Davidson Real Estate said 35 one-bedroom Minerva apartments planned for the northern end of Alexandra Avenue provided people with an important housing option.

“Generations have grown up with the concept of a three or four-bedroom house on a quarter-acre block as the ideal. While this still represents the dream for some, it doesn’t fit the needs of many others,” he said.

“Large houses on large blocks are often outside the financial scope of many first-home buyers and can be unappealing to busy people keen have less, not more, property issues to manage.



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“High-quality affordable apartment-style living opportunities without high price tags, where everything is already done for the buyer, are relatively scarce in places such as Horsham.

“And when the return on investment for a landlords is around six percent and a first-home buyer can alternatively finance a new home at  two to three percent and receive a government grant to do so, then it just makes absolute sense to start small and build your way up from here.”

Mr Davidson said housing-development adaptability was crucial for regional centres to capitalise on growth.

“With growth comes people and with people comes a variety of housing needs,” he said.

The entire November 25, 2020 edition of The Weekly Advertiser is available online. READ IT HERE!

The entire November 25, 2020 edition of AgLife is available online. READ IT HERE!