News

Australian developers of apartment buildings need to build sustainable buildings that appeal to the demands of a wider variety of longer term buyers, including owner occupiers, ‘Build-to-rent’ investors and social housing providers, new AHURI research has found.

The Melbourne Discussion Series panel discussion and networking event was well attended on Thursday 1 June by a diverse audience interested in how private sector projects are delivering social and affordable housing in Australia.

The Forum, comprising experts from a range of policy, planning and building professions, was announced in the 2023–24 Federal Budget to assist the Government to develop a comprehensive National Urban Policy and to deliver expertise into the formulation of cities and urban policy.

“Australia will be dealing with the impact of COVID-19 on its housing markets for some time as increased construction costs and a reduced appetite for risk impede new housing supply,” says Professor Steven Rowley, lead author of new AHURI research released today. 

The study, ‘Financing first home ownership: modelling policy impacts at market and individual levels’, undertaken for AHURI by researchers from Curtin University, University of Sydney and RMIT University, modelled the relationships between different housing finance conditions and people’s ability to buy their first home.