REIA Build-to-rent report update

As a part of the REIV’s offerings it regularly receives industry data and insights from its kindred organisations that it can distribute to its members. Drawing on the Real Estate Institute of Australia’s (REIA) analysis of the current state of the growing build-to-rent (BTR) sector, we can take an insider’s look at the market from both a nationwide and local state level. Titled Build To Rent: A Market Analysis with a laser focus on the BTR sectors in Melbourne, Sydney, and Brisbane, REIA’s analysis gives us an in-depth idea of where the BTR market might be moving. Whilst diverse industry players have varying opinions viability and importance of the build-to-rent market going forward, the REIA found that the BTR model for housing provision will prove to be a niche segment for our sector rather than acting as a central driver for improving our national stock of housing supply.

Interesting outcomes in Melbourne include its dominance as the elite driver of the overall BTR projects, with the biggest representation of projects across their planning, construction, and completion stages. Moreover, our capital city represents a far higher number of units being built at 389 per project, giving us an edge on the nationwide BTR property management market when scaling up. With an increased reliance on rentals and shifting interest from houses to apartments amongst renters, the BTR sector will prove a compelling case going forward.

The report contains plenty of fascinating figures, touching on the history, trends, and expected future of the BTR sector. For access to the report and REIA’s findings, please click here.

Further, the REIA is inviting the REIV’s membership to take place in its REIA Philanthropic Survey. There are JB Hi-Fi vouchers to be won and it only takes 5 – 7 to minutes to complete. The REIA’s survey can be found here.