Developer Resimax is building a portfolio of 500 rental homes in Melbourne’s suburban fringe. It’s a new offering and brings perks – such as getting the grass cut.
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Dwindling supply and rising demand from buyers priced out of the house market could lift unit values faster in the near to medium term, CoreLogic says.
The impending rental crisis from Australia’s dire shortage of new housing will force state governments to reduce hurdles to build-to-rent projects, a new report says.