Manufactured home estates becoming popular
sheds light on new communities
long-term manufactured home
and caravan park dwellers
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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
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
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