Melbourne, Australia----- Real estate can be defined as a property which contains a land with a building constructed over it along with the several other natural resources such as minerals, crops, water or the various other immovable natural stuffs. A real estate will be investing their money and time to use such and make a profession of selling, buying, renting as well as the construction of housing and buildings.

What is Residential Real Estate Victoria?

This is the leased property type which consists of a multi-family structure or a single family, which are available for purposes of non-business or even for occupation.

A residence can easily get a classification by:


If they have been connected with the neighboring land and residences
How the entire arena gets connected with the neighboring land and residences
For instance, a resident who is well connected with the rest of the land might be leased out or can be owned by any single entity or even can get owned separately with some types of agreements which get covered with a relationship in between the common arenas and units of concerns.

What are the major categories of real estate Victoria?

The primary categories consist of:

Multi-Unit or attached dwellings


Apartments: This remains a multi-unit or an individual building unit. Generally the boundary gets defined within a particular perimeter with some means of lockable or locked doors. The multistory buildings often consist of such kinds of boundary.
Multi-family house: The multi-storey detached buildings these are very common where each of its floors comes as a spate unit or apartment.
Row House: A town house or at times known as the terraced house these are the number of multi-unit or single unit buildings which are continuous row, but have a common wall and does not even have any intervening space.
Condominium: These are complex or buildings have got a lot of similarity with the apartments and are owned not by mass instead individuals. Jointly the common areas and common grounds get shared.
Cooperative: These are the buildings of multiple ownership within which the dwellers own a share of the cooperative corporation, which actually owns the property, and allows each dwellers a right of occupancy to that particular unit or apartment.
Semi -detached Dwellings


Duplex Building: This implies the double units with a wall that is shared between two separate units.
Detached home for single family
Portable Dwellings


Mobile Home: Potentially it remains an option of 'full-time' living sheds which at the same time can be an option moved with wheels.
Houseboat: This remains an option which will be floating over water.
Tent: Although temporary, but consists of walls as well as roof with a material that is fabric like.
Thus is a short description about the real estate Victoria with its manifold aspects that need to be considered before you actually choose to be on the topic.

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Company overview :

Dingle Partners is a leading Melbourne Real Estate Agent. We specialise in Melbourne property for sale, rental properties and investment properties in the inner Melbourne suburbs.