Micro lots are an innovative housing option designed to stay ahead of Perth’s changing market. As WA block sizes continue to shrink, alternative and affordable housing solutions are needed to facilitate this change.
Over the past five years, the average size of new lots in Perth has decreased by 10%. At the same time, the price of land per square metre has risen. So what are home builders in WA doing to tackle this housing issue?
TERRACE has made it our priority to keep up with changes in housing and lifestyle needs. To meet the growing demand for more medium-density housing options, we designed the first Micro Lots for WA.
Designed as an affordable housing alternative to apartment-style living, our micro lots in Perth are perfect for first home buyers, downsizers and investors. Suiting smaller budgets and changing lifestyles, they offer a solution to those not wanting to live in high-rise buildings, but have an easy, lock and leave lifestyle property.
Creating the very first micro-housing project in WA required a lot of out-of-the-box thinking. Our well thought out design process coupled with consideration for demographic and target market ensures the layout and functionality of each lot is optimised.
High-quality designs that have both flexible and functional rooms, as well as a cohesive and appealing streetscape, is the main focus for all our homes.
As a result, our TERRACE Squared designs are bright, spacious and ideal for any small family or couple wanting to live close to great amenities.
Each lot is 80 sqm and buyers can choose from two housing plans – a two-bedroom, two-bathroom layout or a two-by-one. With our innovative design techniques, you won’t need to compromise or sacrifice on space when you move into your very own micro lot in Perth.
Want to be a part of this exciting new chapter in WA housing? Have a chat to TERRACE today about moving into your very own micro lot in Perth.