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This Landcom repport (2019) looks at how is the BtR concept being interpreted and defined in Australia.
At least in its initial incarnation, mainstream market BtR is being generally interpreted as a fairly ‘high end’ product that will involve large
developments sited in relatively prestigious locations.
This is related to the ‘premium market provider’ status of the developers who have so far taken the strongest interest in this possible new line of business.
It also follows from senior executive exposure to US multifamily housing projects which tend to cater for an up-market demand cohort.
At least among some stakeholders, it is anticipated that –having established ‘proof of concept’ – future BtR projects will become more diverse in terms of market targeting and location.