Buyers Advocate Melbourne

Not many people enjoy the task of renovating, building a new home or moving house. Imagine being able to live in your old house while the new one gets built and then having your house delivered to you, literally.

Prefabricated buildings are very uncommon here in Australia, but appear a very viable option to many people looking to rebuild on their current site. Basically a prefabricated home is a property built in a factory and then delivered to your block in a few pieces and put together.

The benefits of such a practice could be huge, provided as with any home, it is of good quality.

• Savings on renting a property, often for 12 months or more while your home is being built.
• Prefabricated buildings are often cheaper and there are no cost blowouts from unexpected hiccups, as you know what you’re getting right from the word go.
• You can pop in and view the progress of your property as it’s being built in the factory.

We may be some way off this being the norm, however a very interesting concept indeed.

The outer suburbs of Melbourne are growing rapidly – faster than any other area in Australia. Our population is now coming close to that of Sydney’s. In the past nine years Melbourne has gained 605,000 new residents.

How will our property market cope with this kind of growth?

Much of this growth is occurring in the outer suburbs, however the inner city has also seen a big hike in numbers, with the inner city population growing 30% in the last 9 years. With new development limited in inner city areas and demand for housing so high, new comers and low income earners are forced to live far out. Without sufficient housing supply, property prices will see a rise.

New development is on the rise, with the number of new building approvals up, this should help to ease some of the demand. It’s true no one wants to live next door to the nine story apartment building, yet new development is needed everywhere, inner and outer suburbs to cope with Melbourne’s population growth and housing needs.

We highly recommend watching this short video if you’re interested in the future of development.

The Ark Hotel took only 6 days to build,  yes that’s right,  6 days. This is the very future of many developments.  At this construction pace, new cities will emerge quickly.

If an entire hotel took 6 days to build,  imagine the possibilities with housing. You purchase a free block of land and have your entire house constructed in under a week. It seems to far fetched but it
might not be as far away as we might think…