Additionally, the number of apartments with planning approval awaiting construction was up 15% and the number of known projects proposed at various stages of...

“Low vacancies, rapidly rising rents and growing displacement of low-income earners has undoubtedly focused the attention of all levels of...

“Accordingly, in 2023 we’ve seen the introduction of a range of government incentives aimed at supporting the emerging BTR market.”...

There are forecast to be more than 4,000 BTR apartments under construction and due in 2024 and more than 7,500 are in various stages of the planning and...

But while BTR is gaining momentum quickly following those changes, the BTR supply pipeline is not yet large enough to offset the fall in BTS [build-to-sell] construction and...

At the same time, the latest research from Knight Frank found the BTR sector is expected to see 55,000 dedicated units completed by 2030,...

“Investors now largely accept the macro investment case for BTR in Australia. As capital markets continue to stabilise and as investors become more...

Prokuda noted that activity in the BTR and broader living sectors remained relatively strong, while capital market conditions left vast majority of the...

“Furthermore, we expect further clarity will emerge on the Federal Government’s decision to reduce the withholding tax rates for foreign investors in...

Increasing residential rents across the country have also supported BTR project feasibilities, attracting greater interest from developers and investors...

“Long selling periods, particularly for larger BTS projects, are highly detrimental in a market where construction resources remain stretched and...