What is the demand for Co-living property?
Are you aware that the Australian Bureau of statistics estimate that by the year 2025 (a mere short 3 years from now), there will be around 2.75m people who will be living in Single Person Households!
The cause of this includes :
- Increase in the divorce rate,
- a longer life expectancy,
- an ageing population,
- separation,
- break up of existing households,
- empty nesters,
- delay in getting married,
- inflation causing people to want to downsize,
Lifestyle
As humans we all want a good life, to be surrounded by other people to avoid loneliness and depression, to feel safe and secure, to live in accommodations we are accustomed to, to have choice and freedom of movement. To feel needed and useful. And we all want family, friends and financial security.
A colving home covers off on most of these basic human needs and this is resulting in the popularity of co-living accelerating the demand.
Suitability
Co-Living is ideally suited to a wide selection of potential tenants that include younger singles, senior singles, multi-generational families and friends wanting to share.
Coliving allows one to better manage living expenses so that you have money for other requirements whilst at the same time offering a lifestyle in the suburbs in a house with a garden and surrounded by other like minded suited tenants.
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