Modern de­sign and ameni­ties, cou­pled with lo­ca­tion, drive apart­ment de­mand

Western Suburbs Weekly - - News -

LO­CA­TION and qual­ity are un­der­pin­ning apart­ment de­mand, ac­cord­ing to a sur­vey of owne­roc­cu­piers, in­vestors and renters by the WA Apart­ment Ad­vo­cacy.

The on­line sur­vey found that 26 per cent of the 359 re­spon­dents wanted to live in apart­ments in ar­eas where that type of dwelling was not avail­able.

“Peo­ple were look­ing for the right mix of apart­ments in the right lo­ca­tion with the right amenity,” di­rec­tor Sa­matha Reece said.

“That means a choice of ser­vices such as re­tail and re­cre­ation in walk­ing dis­tance but also amenity in the build­ing, such as en­ter­tain­ing ar­eas.”

Buy­ers were also seek­ing qual­ity apart­ments that were spa­cious, light and airy, with ex­tra stor­age.

“Buy­ers are look­ing for modern and new, and this means that older apart­ments are go­ing to take longer to sell or lease,” Ms Reece said.

“We ex­pect that in the course of the next cou­ple of years, the in­dus­try will see some key de­vel­op­ers re­ally set the scene with apart­ment de­signs and it is im­por­tant that we en­cour­age this kind of ex­cel­lence for Perth’s fu­ture.”

This is­sue of Res­i­den­tial West fea­tures sev­eral new and re­cently com­pleted apart­ment projects on pages 8,9 and 13.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.