As apartments grow to represent almost half of all homes built, the building trend in many states is to shrink the size of houses and expand that of units, townhouses and villas, data from the Australian Bureau of Statistics shows. Apartment living is getting more spacious, like the Bonython Gosford development. Picture: Central Coast Express Advocate.Source:Supplied Australia is still building the second-biggest homes in the world behind the US, with a combined average of houses and apartments reaching 189 square metres. According to the data, commissioned by CommSec, houses built in 2018 dropped to their lowest size in 17 years at an average of 228.8 square metres, which was 1.3 per cent smaller than the previous year, while apartments grew slightly to an average 128.8sq m. Aussie house sizes are shrinking.Source:Getty Images CommSec says a growing population and a social push to live closer to local services and amenities is the driving force behind the change. Demographic estimates from ABS also show the number of people in each dwelling is falling to 2.4 people. CommSec’s says this demographic reality – as well as the cheaper price of apartments and townhouses – is prompting older couples to downsize, while younger people… Read full this story
- Rare fluffy marsupials born in Australia
- Government considering measures to 'inject adrenaline' into apartment building sector
- In Australia, a moment of #MeToo in reverse
- We’ll make affordable housing available to Ondo residents, says Akeredolu
- From Top End to Tasmania: Two Very Different Sides of Australia
- The two Americas just lurched further apart
- Australia's AMP under pressure as pension clients exit
- Photo Report: Driving a Toyota Hilux on K’gari Fraser Island, Australia
- Indonesia tsunami: Death toll rises sharply as desperation grows
- Hey Neighbor, Can I Buy Your Apartment?
Houses shrinking, but apartments growing in size in Australia have 281 words, post on www.news.com.au at November 11, 2019. This is cached page on VietMaz. If you want remove this page, please contact us.