CoreLogic’s Eliza Owen has penned an interesting article on the dearth of medium density housing being built across the “missing middle” of Australia’s cities:
The ‘missing middle’ refers to a paucity of new development that provides low rise, medium density housing options, such as townhouses and duplexes. Some definitions of medium density also include low rise unit builds.
Medium density housing options can be important for young families who seek a more affordable housing option close to city centres, but require more space than in a unit, or older Australians wishing to downsize in their current area of residence to reduce housing costs in retirement.
