This study, commissioned by the Property Council of Australia, shows levelling the investment playing field for build-to-rent homes could deliver 150,000 new apartments and help address Australia’s stark housing affordability challenges.

The study, released a month ahead of the Federal Budget, shows a level investment playing field for build-to-rent developments could create 150,000 rental homes over 10 years, significantly helping the Australian Government hit its ambitious one million homes housing target by 2029, and significantly easing pressures in the rental market.

The report also shows build-to-rent housing, which is relatively new to the Australian residential market, is currently worth $16.8 billion but has the potential to expand by a factor of 17, to a $290 billion sector, which would see the creation of up to 350,000 new apartments in an optimistic scenario.