Dean Lupson
Restaurants and cafes on ground floor of complex
Faulty materials
An interesting shift, especially in Melbourne and Sydney, has
occurred over the past 12–24 months. With the rising cost of
residential property in these two major cities, we are witnessing
the evolution of ‘apartment living’ in modern Australia.
The attitude to apartment living in Australia has long been
lukewarm at best, but now the Australian public has warmed to
the idea and the popularity of apartments is growing fast.
More importantly, developers have finally listened to the market
and are now catering for the market of downsizers. For the
last 5–7 years there have been two markets in the apartment
development space—investor and owner occupier. Up until
067