The nascent build-to-rent (BTR) sector is starting to gain significant momentum in Australia with 2020 expected to see the highest number of completions to date. Over 1000 units across a handful of properties are due for completion this year with a further 800 in 2021.
But what are these properties going to look like? Will they look like a standard build-to-sell (BTS) product or will there be differences and nuances specific only to BTR properties?
At its core, BTR is essentially a residential asset, but through experiences overseas in the US multifamily market and the ever-growing UK market, we understand that in order to make these properties flourish certain design principles need to be followed. In this report, we examine some of the most important that will help a BTR development, not just survive, but thrive.