First National

First National

Friday, March 8, 2013

Young women lead shift to apartment living

Watch the video here --> http://news.domain.com.au/domain/real-estate-news/young-women-lead-shift-to-apartment-living-20130308-2fpko.html


                  "Members of the boomer generation that were expected to reject their traditional three-bedroom suburban homes, are instead buying apartments for their self-managed super funds (SMSF)."

Susan Boulus at her South Yarra apartment, with Melbourne in the background.

Compared with 22 per cent of similarly aged young men, only 4 per cent of 25-to-34-year-old females live at home is by far the largest demographic in medium and high-density housing localities, census and other data shows.

Professional women gravitated towards inner eastern or southern bayside suburbs to be close to "mum and dad".

"There has been a massive swing to young women making independent decisions about housing and making decisions when they are a couple as well," Urbis report author Mark Solonsch said.

The nationwide shift towards higher-density housing is becoming more pronounced. 


More young women buying apartments... More Chinese buying apartments... IS THIS THE NEW TREND? WHAT'S GOING TO HAPPEN TO TRADITIONAL 3 BR SUBURBAN HOUSES? WHERE WILL YOUR NEXT PROPERTY INVESTMENT BE? Hmmm...

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