The last year has marked a significant period of change for Australia’s economy and investment markets.

While we’ve seen our largest residential property markets grapple with the impacts of rising interest rates and inflation, we are also witnessing a considerable undersupply of quality housing stock particularly within the inner ring suburbs of our capital cities.

Although built form apartments are alleviating some of this constraint, at Woodbridge Capital we believe there is an even stronger thematic around townhouse developments, particularly located in infill sites close to good amenity and within 10km from the metropolitan areas of our capital cities.

The younger generations have been priced out of the established housing market across our capital cities and are therefore, having to make a compromise on dwelling type. Townhouses are an attractive compromise given they are typically delivered over 2 or 3 levels.

With more than 70% of Australia’s population residing in our capital cities and with the densification trend likely to remain, we see the demand for Infill townhouse developments is likely to continue to be strong for the foreseeable future.