Australia’s build-to-rent sector is growing, but long-term planning is key. Developers must focus on whole-of-life costs, asset management, and digital tools to reduce risk, attract investors, and ensure sustainable returns while supporting housing supply.
A complete and reliable BIM model gives contractors the confidence to bid competitively, reducing added costs for unknowns, errors, and rework while making the tender more attractive.
As pressures on the housing sector continue to mount, a focus on cost savings alone will not guarantee sustainable returns. To create housing projects that deliver lasting financial returns and societal value, a long-term, multifaceted and holistic approach is required.
The build-to-rent market could be a game-changer in the housing crisis. With efficient design and construction and high-quality property management, there’s every reason to expect to see its full potential unlocked.
The need for social and affordable housing in Australia is critical. Not-for-profit community housing providers can play a significant role in boosting supply of social and affordable housing in Australia by scaling up and partnering with governments and the private sector.
Building Information Modelling (BIM) is being adopted worldwide for building design and construction. But once the building is ready for occupation, what’s the worth of the BIM model? In our view, when the doors of a building open, the full potential of the BIM model can also be unlocked.
Housing is fundamental to every Australian’s health, wellbeing, security and sense of community – so it’s critical and urgent that all parts of the complex, interconnected property sector tackle the housing problem fast.
