Glossary
Glossary of terms and acronyms related to Australian banking, finance and investments.
Semi Detached
Semi detached is used to describe a property that shares a common wall with another property, usually in a way that the two homes are mirror images of each other. In Australia, semi detached homes are considered different from townhouses, which are built in rows instead of pairs. The owner of a semi detached home also owns the land on which it sits, whereas a townhouse divides the land in a strata or community title. Semi detached homes are considered to be somewhere between row housing and individual or fully detached homes.
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