Why multigenerational living is becoming a smart property investment strategy
As more Australian households consolidate across generations, investors are finding new opportunities to lift yields, reduce vacancy risk and future-proof their portfolios through flexible housing design.
The rising cost of living has forced a rethink on what constitutes a family home. (Image source: Geber86/Shutterstock.com)
Multigenerational living refers to a housing arrangement in which two or more adult generations, such as parents and adult children, grandparents, extended relatives or a combination of these, live together in the same home while maintaining varying levels of independence.
The number of multigenerational households increased by around 22 per cent between 2016 and 2021 to approximately 335,000, with industry estimates suggesting that around one i…
