A house in a row of identical units sharing side walls.
Terraces are built in rows, with each unit sharing walls on both sides except at the ends. They make good use of land, so they are popular in estates and in central districts where plots are expensive.
Estates with terraces usually charge a Service charge for shared areas and security.
Related terms
General information about property in the FCT, not legal or tax advice. Rules, fees and processes change, so confirm the current position with AGIS, a lawyer or our team before you act.