Build to Rent

Build to Rent

The Build to Rent property sector is growing in Australia – this new class of housing is focused on providing high quality purpose designed and built rental stock, creating an additional housing choice for Australian renters with greater security and service.

Build to Rent developments are typically owned by institutional investors for the long term and the owner could be the developer/ongoing building manager. The format provides tenants with the flexibility of renting with the security of home ownership.

Identified as a growth sector, Mirvac has invested in four BTR projects which will all be managed by their newly created LIV platform, this Lean In provides the Institute members with an opportunity to understand the business model, but also the critical aspects of design which respond to this growth sector.

Build-to-Rent developments are usually large-scale residential properties specifically designed, built and managed for long-term ownership and rental.

Build-to-Rent developments generate long-term rental income for developers, rather than up-front sales or capital growth, driving an increased focus on residential tenants. The developments target the growing renter market seeking secure, long-term rentals.

Build-to-Rent provides an opportunity for government to partner with the private sector to deliver discount-to-market affordable rental homes which can help workers find a home closer to their job.