A quarter-acre block with a family sized home and big backyard was long desired by Australian buyers. But is this dream still realistic?
Our love for the big family home took hold when new suburbs were being developed rapidly and there was abundant space for low-density living. This is simply not as viable in today’s competitive market.
House prices Australia-wide have accelerated significantly in recent times, making the purchase of large blocks and homes more challenging – particularly for first home buyers. So what are developers doing to help the affordability crisis? Is there a solution?
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