Australia’s pipeline of purpose-built student accommodation is ramping up and new commencements will produce more than 9000 beds by 2028, but rents are expected to keep rising.
The increase in beds will fail to meet demand coming from a resurgence of international student numbers, a new report shows.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com