Is Strata Living the new home for families, couples and singles? Yes/No, possibly, let’s consider.
No longer is Strata regarded as just an investment to top up ones superannuation or provide an inheritance for the children. Strata Living is now the logical alternative to traditional living.
Especially, in Australian Capital Cities, houses have become growingly unaffordable for the average family, now it appears that Apartment Living is the consideration to an affordable lifestyle and ownership.
Strata Developments, through clever planning are now better equipped to meet the demands of the Australian Family. Design and innovation allow for green space, pet friendly environments, gyms for the health conscious, and swimming pools, all considered essentials for the expanding Australian Family.
Strata Developments are more commonly located close to good schools, shops, health facilities, parks etc.
The Nine Network’s Logie Award Winning Programme ’60 Minutes’ recently aired (Sunday 12th June 2016) an investigation into the affordability of the Australian Dream titled:
As an alternative to the high prices of houses in the capital cities of Australia, Strata Reforms in NSW & WA have expanded and progressed along with these changes. It is hoped that this will uniform across the nation so that all buyers can benefit same.
Kelly Berger of Business Simplicity and The Bookkeepers Collective from Melbourne whom was interviewed by 60 Minutes in the above story comments for this article:
“As I see it, the great Australian Dream of owning your own home will take longer than it use to in the past. We are now having to be creative and work ten times harder to keep the dream alive. Hard work and looking for alternatives to the old way of getting a home of your own is now the way to go.
Looking at alternatives like Strata would be a great option for the first time buyer to get there foot in the door. The dream is not dead just delayed.”
Thank you Kelly Berger for your comments.