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Advantages
Houses have greater potential to grow in value
Can accommodate any type of buyer such as families or singles.
Often located in suburban areas
Larger internal and external living spaces
Can have lots of scope to improve the value and appeal of the property through renovations, additions and landscaping
Disadvantages
Houses are more expensive than units
Maintenance and repair costs are your responsibility and may be more costly
Council rates can be higher for houses
Houses may have higher insurance premiums due to size and security requirements.