http://www.thelagoodtimes.com/high-density/
What Makes High Density Living So Popular
Higher density living gaining popularity
Fifteen years ago only 25% of capital city home sales were for units and apartments. Today, medium and high density housing accounts for about 35% of real estate sales.
More buyers are choosing to live in higher density housing, particularly in inner city areas of capital cities. Since 2005, coming out of the last significant property boom, the proportion of unit and apartment sales had been moving lower until the trend was disrupted in 2009. The boost to the First Home Owners Grant and the drop in interest rates saw first home buyers flow back into the market resulting in a rebound in demand for detached houses. With the highest level of housing affordability since 2002, it was no real surprise to see first time buyers targeting detached homes. The jump in the proportion of houses being sold during 2009 can also be partly attributed to the longer settlement time large apartment developments involve. There may be some revisions to the proportion of sales as these larger projects settle.
The proportion of house sales within the combined capital cities is lower than that across the nation. In August of this year, house sales across the combined capitals accounted for 65% of sales compared to the 70% nationally. Across the capital cities there has been a significantly greater increase in the proportion of house sales coming out of the GFC as many buyers utilised the First Home Owner’s Grant Boost and/or low interest rates as a way of purchasing a house. Plus, property values had fallen during 2008 also contributing to increased affordability.
The driving force behind the increasing prominence of unit living will be that they are relatively affordable and are in much greater supply in desirable locations close to public transport, retail and major working nodes. Units also allow many purchasers the opportunity to live in suburbs they would not be able to afford to own a house in. As a result units are viewed as a viable and more affordable alternative.
Another factor that is driving more unit sales is changing lifestyle preference. Empty nesters are downsizing to apartments for the lower levels of maintenance involved in apartment living and also what are often better locations, being closer to work and social precincts.
Looking towards the future, we expect that medium and high density living will continue to become increasingly prominent. Australia’s most mature residential market, Sydney, is already showing close to 50% of all home sales as units. The drivers are going to be affordability, increasing densification of the inner city and major transport spines, and changing lifestyle preferences. Over the last five years we have already started to see units outperforming houses in terms of capital growth (7.3% annual gain for units vs 7.0% for houses). Demand is likely remain high in the unit, apartment and town house markets.
For more information and to see current property sale prices in your suburb, please visit the myrp.com.au web site.
High Density Fruit Tree Growing
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STS Inductively Coupled Plasma High Density Plasma Etch System $79,999.00 |
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Cisco AS5850-CH DUAL DC 90-Day Warranty Universal Gateway High Density VOIP lgg $10,000.00 |
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Hoya Digital HD 82mm filter High Density Sharp Cut UV $8,499.00 |
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Newport 8016 High-Density Laser Diode Controller $7,195.00 |
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Cisco 256-Channel High-Density Packet Voice and Video Digital Signal PVDM3-256= $6,791.99 |
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Cisco 256-Channel High-Density Packet PVDM3-256 dzx1 $6,699.99 |
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Cisco 192-Channel High-Density Packet Voice and Video Digital Signal PVDM3-192= $5,899.99 |
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Cisco Systems PVDM3-192= 192 Ch High Density Voice & Vid Dsp Mod Spare $5,593.56 |
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Cisco 128-Channel High-Density Packet Voice and Video Digital Signal PVDM3-128= $4,390.99 |
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Cisco 128CH HIGH DENSITY VOICE-& VID DSP MOD SPARE $4,372.49 |
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Cisco Systems Pvdm3-128= 128ch High Density Voice & Vid Dsp Mod Spare $4,164.20 |
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CISCO PVDM3-128= 128CH HIGH-DENSITY VOICE AND VIDEO DSP MODULE $4,157.95 |
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CISCO PVDM3-128= 128CH HIGH-DENSITY VOICE AND VIDEO DSP MODULE $4,157.95 |
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Cisco PVDM3-192 192-channel high-density voice/video $3,300.00 |
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NEW HP AB455A 8GB High-Density DDR2 Memory $3,000.00 |
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Cisco MGX-VISM-8E1 – 8 port E1 High Density VoIP VoATM $2,750.00 |
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NEW SEALED CISCO PVDM3-192 – 192-channel high-density voice and video DSP module $2,750.00 |
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Genuine Cisco PVDM3-192 192-channel high-density voice and video DSP module w/ W $2,542.10 |
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Cisco 64-Channel High-Density Packet Voice and Video Digital Signal Pr PVDM3-64= $2,195.99 |
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Cisco Systems Pvdm3-64= 64-channel High-density Voice (pvdm364=) (pvdm3-64-) $2,100.29 |
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CISCO PVDM3-64= 64CH HIGH DENSITY VOICE & VIDEO DSP MODULE $2,097.13 |
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CISCO PVDM3-64= 64CH HIGH DENSITY VOICE & VIDEO DSP MODULE $2,097.13 |
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CISCO PVDM3-256 256-channel high-density voice/video $2,000.00 |
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Genuine Cisco PVDM3-256 256-channel high-density voice and video DSP module w/ W $1,915.10 |
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PVDM3-128 128-channel high-density voice and video DSP $1,900.00 |
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CISCO PVDM3-256 high-density voice/video module $1,800.00 |
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PVDM3-256 CISCO 256-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,780.00 |
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PVDM3-256 CISCO 256-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,748.33 |
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PVDM3-256 CISCO 256-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,721.00 |
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TRIPP LITE SU3000RTXR3U SMARTONLINE 3000VA 3U RACK/TWR 120V HIGH POWER DENSITY.. $1,707.96 |
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TRIPP LITE SU3000RTXR3U SMARTONLINE 3000VA 3U RACK/TWR 120V HIGH POWER DENSITY.. $1,707.96 |
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Genuine Cisco PVDM3-128 128-channel high-density voice and video DSP module w/ W $1,705.00 |
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China hand-made 100% Copper Comfortable Guanyin KuanYin High density $1,656.00 |
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CISCO PVDM3-128 128-channel high-density voice/video $1,650.00 |
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PVDM3-128 CISCO 128-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,620.50 |
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PVDM3-128 CISCO 128-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,620.00 |
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POLYETHYLENE SHEET 2.5″x15″x64″ WHITE 5 SHEETS HIGH DENSITY PE 14924-8 $1,445.00 |
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Cisco PVDM3-192 High-Density Voice Video Digital Signal Processor Module tm $1,620.00 |
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4GB (4X1024MB) HIGH DENSITY SDRAM MEMORY MODULE HP / COMPAQ A6098-60101 A6098A $1,616.50 |
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NATIONNAL INSTRUMENT SCXI-1130 High-Density Multiplexe $1,490.00 |
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Cisco PVDM3-256 256-channel high-density voice/video $1,549.00 |
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PVDM3-256 CISCO 256-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,549.00 |
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PVDM3-128 CISCO 128-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,543.00 |
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NEW GL Communications Dual Ultra HD E1 Analyzer PCI Card & HDE018 Software $1,495.00 |
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Hydreclaim Corp High Bulk Density Film Grinder $1,500.00 |
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Telco Systems T5C-24GT High-Density Gigabit 10/100/1000BaseT Routing Switch $1,500.00 |
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Net Optics iBypass HD Switch High Density Bypass 8-Station Fail-Over NetOptics $1,450.00 |
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Cisco PVDM3-128 128-channel high-density voice/video $1,450.00 |
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PVDM3-128 CISCO 128-CHANNEL HIGH-DENSITY VOICE AND VIDEO DSP MODULE $1,450.00 |
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USED CISCO2851 + NM-HDV2-2T1/E1 Cisco 2800 2-port T1/E1 High-Density Voice/Fax $1,425.00 |
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Cisco EVM-HD-6FXO/DID HIGH DENSITY VOICE/FAX 8FXS/DID $1,399.00 |
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4″ High Density Double Milling Vise w/ Hard Jaw Kit Kurt HDLM4J $1,324.99 |
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CISCO PVDM3-128 high-density voice/video module $1,350.00 |
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Cisco PVDM3-256 High-Density Voice/Video DSP Module $1,350.00 |
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Cisco (used) CISCO2821 + NM-HDV2-2T1/E1 2-port T1/E1 High-Density Voice/Fax NM $1,295.00 |
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CISCO HIGH DENSITY VOICEFAX NETWORK MODULE VOICE INTERFACE CARD NMHDV $1,226.98 |
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John Boos High-Density Polyethylene 1000 Rough Cut Full Slabs $1,226.00 |
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USED CISCO2851 + NM-HDV2-1T1/E1 Cisco 2800 1-port T1/E1 High-Density Voice/Fax $1,225.00 |
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Lot of 4 AMERICAN DJ FOG STORM 1700HD high density smoke fogger machines $1,199.96 |
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PVDM3-128128-channel high-density voice and video DSP module SPARE $1,120.00 |