Impact of future housing demand
Major changes are taking place in Australia and other Western countries that are having significant impact on the nature of future housing demand.
Household sizes are falling (to below 2 persons in CBD locations)
More singles, fewer children, more separations and a record number of baby boomers living longer.
Increasingly we are looking to a better located, smaller, more sophisticated lifestyle type housing product- offering convenience, security and lifestyle.
Affordability
Affordability appears to be an inevitable and universal problem- impacting on market demand.
Technology advances and employment options
More employment options mean that more people can work from home, and job mobility and shorter employment tenure is increasingly common.
Community hub changes
Work pressure, travel time and living away from family are creating an increasing dependence on café precincts and on site leisure amenities for a sense of community interaction.
Seachange
A desire to quit the urbane and revisit the simplicity and invigoration of water related non CBD lifestyle, is influencing whole sections of community not tied to typical suburban living.
An investment blueprint
While all properties should perform over time, the key is in selecting for the likelihood of demand exceeding supply:
- Economic growth
- Population growth
- Employment growth
- Undervalue
- Properties that meet the lifestyle security and affordability issues of a changing market
- Strong rental yield
- Water related
- Affordable to the mainstream market
In addressing these central issues, the likelihood is strong that you should enjoy early to medium term capital growth, with little obvious downside risk.
If you’d like to learn more, gain insight into the latest property market research and analysis, call 1800 098 908 or make an enquiry.
