Increasing need for Medium Density Developments
‘Empty Nesters’ and ‘Generation Y’s’ are Placing Demand on the Increasing need for Medium Density Developments
The most recent master-planned development at 38 Ivedon Street, Banyo is an example of how medium density type developments can be ideally located in some of Brisbane’s outer suburbs. Whilst these suburbs are outside the 5km radius, they are often blessed with access to established infrastructure and services including public transport, parks, schools and shopping centres. The Summerlin development comprises terrace homes and apartments, a much needed housing option for the changing demographic and diverse needs of people in this city. This includes but is not limited to parents or ‘empty nesters’ who want to downsize following the departure of their children from the family home or ‘Generation Y’s’, first home buyers embarking on their first step into the property market. A critical aspect of medium density developments in older and established neighbourhoods is the effective integration of the buildings and open spaces with the existing urban character and streetscape. Careful consideration of these factors during the design and master planning stage can ensure that this is achieved. There is clearly a need for these types of developments in the outer suburbs of Brisbane to provide a more affordable and attractive housing choice for the city’s residents whilst capitalising on access to essential infrastructure and services. Summerlin is an excellent example of the types of master planned medium density developments that can contribute to the overall liveability of the city’s outer suburbs.