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Land lease communities: the fastest growing solution for Australian downsizers
Manage episode 415810960 series 3496243
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Could land lease communities be one of the solutions for Australia’s housing affordability crisis?
They’ve become an increasingly sought after option for retirees. Some 130,000 people are living in these estates and the $12 billion sector having been described as the fastest growing solution for downsizers in Australia.
But what exactly is a land lease community, what are the pros and cons of buying into them, how much growth is likely in this sector and why is it rising on the radar of local and offshore institutions and developers?
We explore this with Kate Melrose from the Ingenia Communities Group alongside CBRE’s Liam Greentree and Kat Hale in our latest Talking Property podcast.
We also discuss CBRE’s inaugural residential valuers survey, which shines a light on the ever-pressing need for more affordable housing options in Australia.
If you have any questions regarding this episode or property topics that you’d like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.
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