News

Opening the front door to multigenerational living

October 18, 2020 | IN Media Release and News | BY AVID | 2 min read

Housing affordability and an aging population is seeing housing norms evolve as an increasing number of Australians move towards multigenerational living arrangements.

The most recent ABS research has projected that up to 904,600 Australians will be living in a multigenerational home in 2041, with the last recorded data indicating 592,600 Australians were in this living arrangement in 20161.

33-year-old Stefan De Silva has already started building his new home and plans to move in with his father at Hillstowe by AVID Property Group (AVID), and said it was the perfect opportunity to spend more time with his father and offer an affordable way of life for him.

“There are a lot of reasons we’ve decided to live together but the main one is that he’s been renting for more than 20 years and I want to be able to provide him with a place to call home as he gets older,” Mr De Silva said.

“The home I’ve purchased is a four-bedroom, two-bathroom home with a living area and a theatre room − this set up will be perfect for us to find our own space and privacy within the house.

“The added benefit of living at Hillstowe with my father is that we’re within a community, which is very important to us as Sri Lankans. It means there will be lots of people for us to get know as we value being part of a community.”

AVID General Manager Victoria Peter Vlitas said home buyers are increasingly searching for multigenerational living options and AVID has seen an emerging trend of residents planning to live with other adult family members in its Victorian communities.

“Families are looking to grow into their homes and have space to accommodate for parents, children and even extended family members, we’ve noticed this from purchasers buying our larger blocks of land, particularly in Stage 1 at Hillstowe,” Mr Vlitas said.

“It’s interesting to see that our traditional family homes are veering towards a new trend that once existed, and still does in many other cultures.

“Masterplanned communities that allow buyers to choose a builder and their home design puts them in a good position to find alternative ways of living like this.”

DOWNLOAD THE MEDIA RELEASE

Recommended for you

June 3, 2024

Small Businesses Boom On The Sunshine Coast

May 30, 2024

Land Lease Neighbourhood Set To Expand Established Diggers Rest Community

May 30, 2024

New Over 55s Community for Hervey Bay

May 28, 2024

Villaworld Homes by AVID Property Group recognised at national builder awards

May 16, 2024

AVID Property Group expands into Australian Land Lease Communities with AUD$1.1 billion portfolio

May 14, 2024

Together they strike: Harmony continues Lightning partnership

April 24, 2024

Premium fixed price homes expected to sell quickly at Brentwood Forest

April 24, 2024

Enquiries double as Greenbank development celebrates 1000th settlement

April 10, 2024

Chisolm opens its doors to the freatest ‘Home Show’ & a chance to win $10k

March 25, 2024

Family ties: Multi-generational living with a twist reigns in Chisholm community

Brentwood Forest

Located just 5 km from Springfield Central with shopping centres, health and recreation hubs, schools, childcare facilities and public transport at your doorstep. Brentwood Forest is nestled in its own wooded enclave that rises above the surrounding valleys, a family-oriented address which offers a sense of tranquillity, space and seclusion. With playgrounds and leafy parks, quiet streets and easy access to schools, shops, sports facilities and everyday services, Brentwood Forest offers a sense of escape from the hassles of suburban life, while still remaining close to all that matters.

Designed by the experts

Peace of mind

Everything done for you

Complete finance solution

Your home is where our heart is