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7 ways homes will change in the next decade

From a focus on wellbeing and community spaces to automated recycling. - by Nicola Conville
  • 28 Jan 2020
7 ways homes will change in the next decade

As we move into a new decade, the way we look at home ownership is evolving. Here are some of the trends we can expect to see in 2020 and beyond.

According to new research from Stockland, Australians are very focused on home ownership, with over 40 per cent planning to buy their own property in the next five to 10 years. 

However, it's the features and location of a home that are changing to suit the lifestyle of potential property buyers.

“It’s great to see that home ownership remains a key goal for Australians with many starting 2020 with increasing optimism around achieving this. Purchasing your own home is still seen as a sense of security for many Australians and this won’t change anytime soon," says Stephanie Vanin, General Manager Residential Sales at Stockland.

Simon Whitbread
Simon Whitbread

1. Homes built on smaller lots.

According to Stephanie, more homeowners are opting for smaller lots and looking for more efficient, well-designed homes that make the most of the space. Backyards are becoming smaller but there are more recreation spaces and parks closer to communities.

Interestingly, over 60 per cent of Australians said they would forgo a traditional large backyard for a smaller home with less outdoor space if it meant they were more connected to neighbours and close to community parks and green spaces.

2. Built-in sustainability

Sustainability features are normal and expected in homes rather than an add-on that you pay more for. A quarter of respondents also stated they would specifically like automated recycling in their future home, with those over 55 years the most excited about the prospect.  

"Buyers are much more attuned to the benefits of sustainable home design today than they were a decade ago," Stephanie says.

"The costs of many features such as LED lighting and solar panels are also much more affordable today and buyers now understand the long-term cost benefits of these features for future energy savings to them and the broader benefits to the environment."

Armelle Habib
Armelle Habib

3. Increased interest in moving interstate

People are willing to look further afield with 36 per cent of those surveyed considering a move interstate. The main reasons for the potential interstate move is for a better lifestyle (57%), better job opportunities (42%) and to buy the home you want for less (32%). 

4. Focus on wellbeing

Health and wellbeing are key, as homeowners are increasingly factoring in the walkability and liveability of their potential neighbourhood - such as accessibility to group fitness facilities and dog parks.

5. Community connection

Social connectivity and sustainability are becoming more important with people looking for opportunities to connect with their community, such as meet-up groups and community gardens.

"The actual home is still important, however, features that allow for more community living are shifting higher and higher on homeowners’ priority lists. That old sense of belonging and knowing your neighbours is more important than ever before," Stephanie says.

Marcel Aucar
Marcel Aucar

6. Focus on smaller homes

The majority of homebuyers still prefer freestanding homes but there is a significant uplift in townhouses and semis compared to seven years ago. 

7. Affordability and other deciding factors 

When choosing to purchasing a home, respondents said the top three factors include affordability, ease of public transport and the quality of the home. Survey respondents' top features for a dream community of the future also included more walking paths, community gardens and recreation spaces and fewer roads. 

You might also like:

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Nicola Conville
Nicola Conville
Nicola Conville has worked as a lifestyle journalist and editor for twenty years across a wide range of print and online publications. As Home Beautiful's Digital Content Editor, she is passionate about discovering and sharing the latest styles, trends, hacks and celebrity homes.

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Getting your coastal kitchen floor plan right
Watch 2:03

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{headline}

{headline}

How to spot a suburb that’s about to take off

How to spot a suburb that’s about to take off

The golden rules of marketing your property for sale

The golden rules of marketing your property for sale

How to future proof your reno

How to future proof your reno

The Italian town where you can buy a house for just ONE Euro

The Italian town where you can buy a house for just ONE Euro

{headline}

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How to create your dream-home wishlist

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Australia's most expensive suburb is not in Sydney or Melbourne

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Survey reveals nice lawns improve property values by up to $100K

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