, Families drawn to compound living in Covid age, The Nzuchi Times

Families drawn to compound living in Covid age

, Families drawn to compound living in Covid age, The Nzuchi Times

A unique package deal with two homes on one St Kilda block is attracting extended families who want to live in close quarters after being separated by numerous lockdowns since the pandemic began.

The listing at 10 & 10A Duke St features two weatherboard cottages – one behind the other – with a total of eight bedrooms, three bathrooms and a combined land size of 670sq m.

It’s on the market with $2.6-$2.8 million price hopes.

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The picturesque period houses had most recently served as a residence for the vendors, while they rented out the rear abode as an investment property.

But McGrath’s Michael Townsend said the “oasis” had caught the eyes of multi-generational buyers who were looking to embrace compound-style living.

“Last year recalibrated a lot of people and their living circumstances,” Mr Townsend said.

“(Buyers) have realised if grandparents live more than 10km away and (they) miss them, it’s an amazing opportunity to make the most of multi-generational living.

“This way grandparents can be out the back but they can also come together for a Sunday lunch in the central courtyard.”

, Families drawn to compound living in Covid age, The Nzuchi Times

The two-for-one offering also had interest from “family friends” who were looking to “go in on it together” or buyers with teenage or older kids who would benefit from having their own domain nearby.

He said the listing was “even more relevant” now in light of Melbourne’s most recent circuit-breaker lockdown.

“Lots of people will be thinking that their 5km (radius) is a bit crappy, and we have been hearing from buyers that this really feels like a country home. But then when you step out the front door you can go to a bar or run along the beach and still go out for dinner.”

Mr Townsend anticipated this kind of dual or multi-generational living would become “a trend we would see more and more of” in the coming years.

“We have an ageing population and Covid-19 has been a bit of a litmus test on if people are safer in a nursing home or at home with their family. We know kids are staying at home longer and longer too.”

The combined properties are for private sale.

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