Sydney, Melbourne, other city hotspots emerge as multigeneration housing grows
The evolution of Australian households is creating new property investment opportunities, including hotspots in Sydney, Melbourne and other Australian state capital cities best suited for multigenerational homes.
From granny flats to adapted family homes, the growing trend of multigeneration homes is redefining how families share space—and how investors identify tomorrow’s property hotspots. (Image source: Lucigerma/Shutterstock.com)
Most of Australia’s housing stock follows formats laid out in the 20th century. Yet demographics and the property market have undergone profound changes since then.
One of the ways the market is responding is a rise of multigeneration housing - where parents and their adult children live at the same address.
This trend offers great opportunities for investors in the know, as well as for families confronting one of the world’s most expensive rea…
