The Melody Collection at Everley, by Sienna Homes

Affordability has become the defining factor in housing choice as rising costs, limited supply, and reduced borrowing capacity drive demand for more compact homes.  

The traditional ideals of expansive lots with oversized detached houses have shifted towards more accessible options for first home buyers; smaller lots and efficiently designed medium density homes that align with today’s financial realities.  

In response, RPM has collaborated closely with developers and builders to expand medium density offerings, introducing new products that help more people own their own home.  

With some prices starting below $400,000, single storey townhomes provide an attractive and attainable entry point. These homes blend comfort and convenience, offering a realistic pathway to homeownership.  

The recent success at Everley, where Sienna Homes has introduced the Melody collection of single-story townhomes, demonstrates strong market demand for well-designed, low-maintenance homes at an achievable price point.  

By working alongside our developer and builder partners, RPM is committed to meeting Australia’s need for affordable housing. As traditional housing expectations evolve, the dream of homeownership finds a new form – compact, efficient, and grounded in financial feasibility.

This article references findings from our Q3 2024 Victoria Greenfield Market Report. Read the full report here.