Thanks Andrew and Rixter.
Rixter - Can you please elaborate on what you mean? Should i be increasing the costs for the townhouse when compared to house as i have to pay BC or decreasing it???
Townhouses are mostly strata titled. As such you will have to pay a body corporate fee as an expense. The body corporate fee includes Buildings Insurance, Public Liability Insurance and also includes maintenance & repairs to your Townhouse building & common areas.
With a house if you are working out your net return you will need to include those same expenses as I've listed above.
My point is some people are not a ware that those expenses are already included in a Body Corporate fee and do NOT need to accounted for again in relation to calculating one's net return as is the case if purchasing a house.