Tag: housing

  • Housing crisis deepens as population growth outpaces new housing supply | Could shrinking your bl…

    Housing crisis deepens as population growth outpaces new housing supply | Could shrinking your bl…

    Explore the latest developments concerning Housing crisis deepens.

    Housing crisis deepens as population growth outpaces new housing supply

    Australia’s population is growing three times faster than new housing is getting built due to record levels of migration coupled with sluggish home construction, new figures have revealed.

    Experts have warned the result of the imbalance is that competition for housing could intensify this year even as interest rate hikes and the fuel crisis threaten to pull down home prices.

    Analysis of ABS figures by conservative think tank the Institute of Public Affairs showed population growth over 2023 to 2025 was 1.5 million against a total 527,222 housing completions.

    Institute of Public Affairs senior fellow Dr Kevin You said the mismatch between supply and population growth revealed why the country continued to have a housing crisis.

    Could shrinking your block size solve Australia's housing affordability?

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    Outdated minimum lot size rules embedded in planning schemes are preventing new homes from being delivered in established suburbs according to a peak housing industry body.

    Analysis from the Housing Industry Association points to these rules, making it near impossible to meet the National Housing Accord target of 1.2 million new homes.

    HIA executive director planning and development, Sam Heckel accused governments of leaving 1950s planning rules untouched, making it impossible to meet housing targets.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Bunnings enters housing market with flatpack pod homes starting from $26,000 | Bunnings’ ‘extreme…

    Bunnings enters housing market with flatpack pod homes starting from $26,000 | Bunnings’ ‘extreme…

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    Bunnings enters housing market with flatpack pod homes starting from $26,000

    Australia’s most iconic hardware store is making a monumental leap from hammers and nails to helping build entire homes, as it throws its weight behind a burgeoning solution to the nation’s housing affordability crisis.

    Bunnings Warehouse has partnered with an innovative Aussie start-up to offer compact, modular pod houses designed for backyards, many of which cleverly bypass the need for traditional building permits.

    The retailer now lists Elsewhere Pods’ flatpack dwellings online and through its in‑store Special Orders desk, with two models on offer: a 2.7m x 2.4m pod priced at $26,100 and a larger 4m x 2.4m studio at $42,900.

    Bunnings' 'extremely affordable' new solution to major housing issue impacting Aussies

    A family’s creative way of doubling their living space for a fraction of the cost of a new home or an extension highlights the need for alternative solutions to affordable housing. For just under $200,000, Martijn and his wife added to their 40sqm cottage on the NSW Central Coast.

    They created a private and spacious retreat using modular pods created by an Aussie startup, which are now available for sale to everyday Aussies at Bunnings.

    In less than a week, the couple added 35sqm to their steep bushland property, with Martijn and his wife, a professional musician, scoring their own 15sqm retreat for work.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Bunnings enters housing market with flatpack pod homes starting from $26,000 | Bunnings starts se…

    Bunnings enters housing market with flatpack pod homes starting from $26,000 | Bunnings starts se…

    Explore the latest developments concerning Bunnings enters housing.

    Bunnings enters housing market with flatpack pod homes starting from $26,000

    Australia’s most iconic hardware store is making a monumental leap from hammers and nails to helping build entire homes, as it throws its weight behind a burgeoning solution to the nation’s housing affordability crisis.

    Bunnings Warehouse has partnered with an innovative Aussie start-up to offer compact, modular pod houses designed for backyards, many of which cleverly bypass the need for traditional building permits.

    The retailer now lists Elsewhere Pods’ flatpack dwellings online and through its in‑store Special Orders desk, with two models on offer: a 2.7m x 2.4m pod priced at $26,100 and a larger 4m x 2.4m studio at $42,900.

    Bunnings starts selling DIY ‘tiny homes’ as housing costs pinch

    Australians can build a tiny home, office or extra bedroom in their backyard over a weekend for $45,000 with Bunnings partnering with a modular home start-up to sell flat-pack studios, capitalising on a need for innovative housing amid an affordability crisis.

    Elsewhere Pods, a luxury tiny home builder, sells prefabricated pods in a range of sizes from full double-storey tiny homes to 2.7-metre-wide rooms – but their new range allows customers to assemble their own structure without needing a building permit.

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    Bunnings launches backyard housing 'solution' as Aussie product rides $9 million wave

    More Australians are looking for alternative solutions to affordable housing, and the nation's most famous hardware store is jumping on the bandwagon. Bunnings has teamed up with an Aussie startup that provides small, modular pod houses that can be built in backyards and provide a living space that skirts the need for building permits.

    Major lenders like Commonwealth Bank have been embracing prefab housing, while kit home manufacturers have proliferated around the country. A step down from that is the kind of tiny housing solutions offered by the likes of Elsewhere Pods.

    The business says demand has been increasing for its kind of flatpack modular dwelling solution, with the startup turning over more than $9 million in sales.

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