Brighter And some

Housing rethink needed as work-from-home trend tipped to skyrocket

by Kate Watt, Marketing Manager 4 June 2020

As it stands, one in 10 Aussies live in an apartment and almost nine out of 10 apartment dwellers live in a capital city.

But will this still be the case as we emerge from lock down?
“High density apartment living has proven challenging for all income earners during the pandemic, with lockdown and social distancing measures forcing many to stay within their apartments with limited access to outdoor space,” reports Savings.com.au.
“The virus-induced shutdown that has forced many to work from home could prompt property developers to rethink designs to meet the needs of buyers and renters.”
While flexible working may have been a growing trend pre-COVID the massive shift to remote working in recent months means we’ve reached a tipping point.
A survey from market researchers McCrindle and tech company Cint, shows that 45 per cent of Aussies believe remote working will become the “new normal”.
A whopping 90 per cent believe remote working and learning is a positive move (… perhaps they didn’t ask the home schooling parents!).
But this seismic shift in society is something that demographer Mark McCrindle believes will influence home buying decisions.
“There will be a swing towards home ownership over renting and detached homes over high rise apartments,” he said. “This benefits those regions that used to have the disadvantage of long commute times.”
Looking for a lifestyle change? View our current listings for sale or check our listings for rent.