Gyms, coworking spaces and pet care facilities are more common than car parks for residents in build-to-rent developments, which developers make feasible by reducing costly car parking space, new Oxford Economics Australia research shows.

Build-to-rent developments in NSW, Victoria and Queensland have an average car space-to-unit ratio below 0.5 – one car park for every two units – and the ratio falls to 0.17 for Aqualand’s planned 146 Arthur Street, North Sydney project and 0.18 for Home Southbank at 260 City Road in Melbourne, the report says.