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“We know from overseas that good density can bring benefits to families, communities and the economy, and I believe we can make density work for us,” Archstrat said.
Fortunately, despite less than favorable conditions, there are developers forging a path forward who want to drive affordable, high-density living, meet the needs of the existing market and become a key part of the solution.
ALAND was founded more than 20 years ago by Sydney developer Andrew Hrsto, who designs and builds modern residential apartments. He grew up in Fairfield and believes the west is the best, offering affordable living and lifestyle.
ALAND currently has about 1900 apartments under construction and just coming to market in Schofields, Merrylands, Campbelltown and St Marys. Projects delivered over the past 20 years have been ahead of schedule. “I’ve seen a shift in homebuyers’ thinking as they realise that apartment living can solve many problems,” he said.
“Better infrastructure means Sydney’s CBD is closer than ever before, allowing homeowners in the west to enjoy an unrivalled lifestyle just a stone’s throw from the city,” he said.
He wants to see a rethink of how Australian families live. “If you look around the world, apartments are how people live,” Mr Hurstow said.
“(Buyers) don’t want to buy older suburban homes that need expensive renovations, and don’t want to give up long commutes for a city lifestyle with modern amenities. They want communities with public areas like playgrounds and protected open space,” he said.
One of the key decisions that enabled ALAND to maintain its record of delivering homes ahead of schedule was ensuring that the in-house team handled every aspect of construction and renovation. “The outsourcing aspects of a project are where the development falls behind because they are no longer responsible for their own schedule,” Hrsto said.
Master Builders Australia chief executive Denita Wawn wants the government to do more to boost construction activity, warning that some government officials have “let the handbrakes off”.
“Everyone is aware of the obstacles, including approval delays, shortages of traditional workers, rising material costs, disjointed labor relations changes, inefficient regulation and more.
“We are starting to sound like a cliché but the situation is critical. If we don’t remove the barriers that are preventing builders from getting on with their work we have no hope of achieving our target of 1.2 million new homes by 2029.
“The community is crying out for more housing supply, but if we don’t urgently clear the way for builders to get work done, demand will continue to far outstrip supply and Australians will continue to feel the impact of the housing crisis.”
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