The Australian dream of owning a spacious home with a backyard is fading as rising property costs force people to seek smaller, more affordable options, like apartments. This shift is impacting families who are raising children in close quarters, relying on public amenities. Experts highlight the need for more family-friendly apartments and better urban planning to accommodate the growing demand for higher-density housing.
Decades ago, the typical Australian home had a backyard, space and multiple bedrooms. But both the size of a property and the dream of owning one are shrinking. A block out in the suburbs has been replaced by smaller spaces. For many like the Malafaias, a two-bedroom unit is home. Eighteen-month-old Kiara and three-year-old Rhys are being raised in close quarters. Their parents Thalles and Camila bought the two-bedroom apartment in Rosebery in Sydney two years ago.
“We’ve seen a traditional mismatch actually between our housing type and who we are as a population,” urban planning researcher Nicole Gurran said. Gurran and other experts say a booming young population, downsizers and families with strained budgets mean more demand for apartment living. “We used to think of apartments as places that would just be for rent…but people are going to be living in apartments for a long time so they need to cater to the needs of growing families.
APARTMENT LIVING HOUSING AFFORDABILITY URBAN PLANNING FAMILY HOUSING SYDNEY REAL ESTATE
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