New research from Urbis highlights that medium density housing is seeing an increase in market share of Perth’s new housing.
However, questions remain on whether the format of the housing developed is in the region’s best interests.
According to Urbis’ Medium Density Housing research and analysis, the proportion of medium density dwellings in Perth has seen a significant increase over the last five years. In 2013, medium density units accounted for 16 per cent of first-time dwelling sales and this had increased to 23 per cent by 2018.
This trend is under-represented in ABS data due to a definition that does not work well for Perth. Under the ABS’ definition of a house, many medium density products, such as detached housing are wrongly categorised as houses. Urbis defines medium density units as strata-titled duplexes, triplexes, quadruplexes, villas and group housing.