Keys to Build-to-Rent Success: Insights from Hettich’s Latest Whitepaper
21 November 2023
In collaboration with Architecture & Design, Hettich is unveiling a comprehensive whitepaper elucidating the principles of the Build-to-Rent sector, not only outlining the pivotal roles of architects, designers, and specifiers in ensuring the success of this emerging business model but also explores its escalating trend both locally and internationally as a sustainable living solution.
Download the whitepaper here
The Build-to-Rent (BTR) property sector is a growing market in Australia. This new category of housing is geared toward offering high-quality rental stock that has been specifically designed and constructed for that purpose, giving Australian renters another housing option with better security and services.
Australia’s housing market has long struggled with underlying problems driving unaffordability and limited supply. Over the past ten years, home ownership has decreased by five percentage points while housing prices have skyrocketed in relation to income. Two-thirds of prospective homebuyers find home ownership to be beyond their current means.
As it gains popularity, this new housing model presents significant opportunities for architects, designers and builders. Design plays an integral role in elevating the living experience, optimising space utilisation, and providing long-term value. To differentiate their offerings, developers are looking for creative, high-quality design solutions that will attract and retain tenants.
The Australian Housing and Urban Research Institute notes that a key factor in the BTR model is that property managers are offering long-term rental services to customers rather than seeing themselves as property ‘owners’. With the long lease terms provided by BTR properties, tenants can enjoy the benefits of living in a neighbourhood long term, including seeing their children go to local schools, keeping domestic animals as pets, and building meaningful connections to the community.
Discover the advantages of Build-to-Rent properties and learn how Hettich’s hardware solutions contribute to the positive experience and sustainability of BTR projects in our downloadable whitepaper: