Urbis released a Report to the National Housing Supply Council (2012) entitled: Scoping Study into Housing Supply Responses to Change in Affordability, Australia. The report was commissioned to conduct scoping research into the residential construction industry’s responses to changes in affordability.
The report includes interviews with developers, builders and industry peak bodies and highlights opportunities in innovation including:
- Smaller dwellings and lots
- Choice of materials and methods
- Sourcing cheaper materials
The major findings of the Scoping Study are highlighted below:
- Housing affordability is acknowledged as a significant challenge Australia wide and the research recognises that supply has generally failed to meet demand.
- Factors that influence supply and affordability include the availability and cost of land for development, finance constraints and costs, policies and processes related to development approval, the construction process itself, and the capacity of the labour force to support innovation.
- Some parts of the sector have responded by increasing the provision of multi-unit dwellings and using materials that reduce the life-cycle costs of new development. Some are innovating with new construction techniques such as pre-fabrication and off-site manufacture due to safety and efficiency benefits (especially related to saving time). The adoption of pre-fabrication and off-site manufacture is not however widespread.
- Some parts of the social housing sector have responded by delivering a greater variety of dwelling products.
To access Scoping Study into Housing Supply Responses to Change in Affordability click here