Australian Living Sectors continue to evolve, with significant growth across key areas like Build-to-Rent (BTR), Affordable Housing, and Student Accommodation. In this edition of the Living Sectors Market Insights Report by Urbis, we place a spotlight on co-living.
Co-living refers to a type of modern accommodation where residents enjoy the benefit of private accommodation paired with shared spaces and amenities such as living spaces, kitchens, and gardens.
In co-living, communal spaces are designed to promote social interaction and build community connection. This can be attractive to households seeking convenient, connected living on flexible lease terms.
Whilst well established in some international markets, co-living is an emerging asset class in Australia and is showing different trends across the states.
“By maximising space efficiency and fostering a communal living environment, co-living developments present a compelling model for urban living.
Our analysis of recent data highlights the key factors enabling the rise of co-living in Australia, providing valuable insights to help you navigate and capitalise on the evolving market.
Download the full report on the co-living market in Australia, including analysis and expert recommendations, using the form below.
