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Build-to-rent units to dominate this major city in three years

Nila Sweeney
Nila SweeneyReporter

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Build-to-rent apartments comprise more than half of the forecast apartment supply coming into the Melbourne market in the next three years, despite commanding a premium of up to 26 per cent over the higher-end rental properties, property advisory firm Charter Keck Cramer says.

According to Charter Keck Cramer national executive director Richard Temlett, build-to-rent developers are in a better position to deliver supply compared with their peers developing build-to-sell projects.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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    Original URL: https://www.afr.com/property/residential/build-to-rent-apartments-to-dominate-melbourne-in-the-next-three-years-20240917-p5kb4z