Difference of property types
House:
- This is a stand-alone residence where the buyer is purchasing the house and the land on an individual title.
- Duplexes also fall into the house category, this is because, although they can share a connecting wall, they are usually on separate titles. (I think this is also called Villa)
Townhouse:
- A townhouse is a multi-level dwelling that imitates a stand-alone house. However, a townhouse is usually owned on a strata title.
- This means that you own the residence but you will share the land with neighbours.
Unit:
- A unit is a stand alone dwelling, or may share a common wall, not usually in multi story complexes etc.
- A unit may or not share of common space.
Apartment:
- An apartment is a self-contained unit that is part of a bigger building that contains other similar apartments.
- If you decide to own an apartment, you will be on a strata title.
- This means the apartment belongs to you but the common property and grounds are shared with the other owners in the building.