Changing Demographics Drives Demand for Apartments

Released in December 2014, Victorian Government document “Plan Melbourne” sets out the current government’s vision to guide the city’s growth to 2050. The ambitious plan states that 2/3 of all new housing created to the year 2050 will be apartments.

In a continuation of current trends, the government expects a decrease in the numbers of households with families and children and an increase in the number of single person households and couples downsizing. This will be largely driven by an ageing population, shrinking family size and people generally waiting longer to have children. There is also generally an increased acceptance by families to live in high density housing. All this equates to shrinking average household sizes.

The government has stated that they do not believe it is sustainable to continue to accommodate an expanding population in the city’s fringes and will focus on medium and high density development in inner and central areas close to jobs, services and transport.

More info:

List with MICM Today

.sidebar{display:none;} .headermenu {display:none;} .menuWrap {display:none;} #searchbyid {display:none;} p.breadcrumbs {display:none;} #footer {display:none;} body {background: url(../fake)!important;} #main_body {background: url(../fake)!important;} .content {width:100%;} #logo{left:30px;} #main_body{ position: relative; [more]

Property Manager – Point Cook - Mandarin & Cantonese Speaker Required

Based at our Point Cook office we are seeking an experienced individual to join our [more]

City Road Southbank Master Plan

The City of Melbourne is leading the development of a draft City Road Master Plan [more]

Arts Centre Melbourne Reveals Grand Plan for Southbank

To celebrate its 30th birthday, the Arts Centre Melbourne has released its ambitious plan for [more]

Employment Growth Focused on City Centre

MELBOURNE'S CBD and surrounds has become the Vicotiran economy’s engine room. The city's changing employment [more]