As you may well know, Australia is facing a significant housing crisis currently, that has been a cause of concern for policymakers, urban planners, and residents. Rising property and rental prices, an increasing population, post-Covid reality, and limited affordable housing options have created a challenging environment for many.
“I’ve never seen a situation in housing like we’re seeing today.”
- Helen Haines, Independent
MP
Understanding the Housing Crisis
Over the past few decades, Australia has experienced a rapid increase in property prices, making it difficult for
many individuals and families to afford suitable housing. Decreasing vacancy rates and increasing rental prices are
causing a rental crisis that’s affecting the country. Rising by 12%, the equivalent of $63/week (average rent), the
current rates have effectively outpriced pensioners and even essential workers. The availability of affordable
housing options, particularly in capital cities, has become increasingly scarce. Combined with the growing
population, this has put an ever-increasing strain on the housing market.
If you’re looking to rent in
Australia today, you’re looking at paying an approximate national median of $577 per week and it gets worse in major
cities. According to recent data, the median house price in Australia's capital cities has increased significantly
over the past decade, surpassing the affordability range for many. While property prices have soared, the market
value of housing has shown signs of decline in some areas due to factors such as oversupply, changing demographics,
or economic downturns.
High-Cost Areas
Known for its high living costs, Sydney consistently ranks as one of the most expensive cities to live in Australia.
The
property prices in areas such as Sydney CBD, Mosman, and Paddington remain considerably high. Sydney experienced the
highest median house price at AUD 1.4 million.
Australia's second-largest city, Melbourne, also experiences
steep property prices, particularly a median house price of AUD 1.05 million. Possibly higher in popular suburbs
like
Toorak, South Yarra, and Brighton.
Some affluent areas in Perth, such as Cottesloe, Dalkeith, and
Peppermint
Grove, have seen substantial increases in property prices over the years too.
Easyshed Garden Sheds as Housing Alternatives
In light of the housing crisis, exploring alternative housing solutions becomes crucial. Garden sheds or shouses have become increasingly popular, offering several advantages that make them a potential solution for temporary dwellings or permeant residency*:
- They are affordable. Garden sheds can provide a cost-effective housing solution compared to traditional properties, especially in high-priced areas.
- Flexible and easy to customise. Sheds come in various sizes and configurations, allowing for customisation to suit individual needs and preferences.
- Quick and easy installation. While the ease of DIY flatpacks will forever be a debatable topic among DIY enthusiasts and pros, what is indisputable is the convenience that comes with removing heavy machinery and needing a team or two of people just to erect a single structure. With the prefabricated design, garden sheds can be erected relatively quickly, reducing construction time and manpower costs.
- Versatile and multi-purpose. Garden sheds can serve as versatile spaces, accommodating various purposes, such as granny flats, home offices, or storage units.
The housing crisis presents a complex challenge that calls for innovative solutions. Shouses surely are an intriguing
alternative for those seeking affordable and customisable housing options, but that’s only half the story. It would
also need to carefully meet the requirements and be certified as a Class 1A livable shed.
As policymakers,
urban planners, and communities continue to address the housing crisis, exploring diverse approaches becomes
essential to ensure adequate and affordable housing for all Australians.
Check out our Big Sheds range and see what alternative options are available.