caravan

 

camps advert

 

January 2019
 

 


Manufactured homes becoming more popular

Manufactured home estates becoming popular

New report sheds light on new communities

Trend towards long-term manufactured home estates
and caravan park dwellers

Have your say

COMBINING all manufactured housing estates and caravan parks would create Australia's 25th biggest town.

That's one of the interesting thoughts to emerge after the Caravan Industry Association of Australia and the Residential Land Lease Alliance officially released a new report.

Long Term Residents in Caravan Parks and Manufactured Housing Estates: A Census 2016 Social Trend revealed that more than 70,000 Australians live in MHEs and caravan parks, and that this living arrangement is a vital aspect of affordable housing from both the supply and demand side.

The long-term residential communities have evolved from caravan parks which traditionally catered for short-term visitors seeking longer tenancies for holiday homes, which in turn led to people leasing the land as a long-term living arrangement.

Over the past 30 years, communities have grown as technology and the ability to provide homes that more resemble their brick and mortar counterparts, have improved with lower costs and increased scalability of production.

The research demonstrated that 37 percent of residents in MHEs and caravan parks live alone, highlighting the important social benefits of living in land-lease communities which are increasingly providing facilities to encourage interactions between residents.

The report also revealed that about two percent of Australians aged over 65 lived in MHEs or caravan parks, with the sector undergoing a large shift in the past decade.

MHEs provide an affordable downsizing option for the baby-boomer generation who tend to have much equity tied up in their property, especially households with mid-lower income brackets.

This downsizing also frees up housing supply in with ageing demographics.

The trend of retirees and empty nesters who seek to downsize their homes to move into caravan parks and MHEs, along with the need to free up housing stock and improve affordability for families to enter the housing market, has led to increased investment.

While some of the trends in MHEs and caravan parks highlight the challenges of an ageing population, this information also provides immense opportunity to connect to new markets along with providing new products and services.

BACK TO CARAVANNING NEWS MAIN PAGE

 No part of this publication may be reproduced or transmitted without
the prior written permission of Dennis Amor.

Copyright 2005 Dennis Amor
All Rights Reserved

Kui Parks advert

Pacific West advert

Caravan Council of Australia advert

Advertising