Property Hunter Magazine Issue 63- February 2015 | Page 12
HOT TOPIC | Investing in Student Accommodation
INVESTING IN
Student Accommodation
Student accommodation has changed in the past few years.
Gone are the rudimentary digs with bare bones furnishings
and utilities. Today’s accommodation commands a much
higher standard with some even located within buildings
complete with gyms, cafes and other lifestyle comforts.
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tudent housing and investment in more
matured markets like the UK, USA and
Australia have ballooned from a fringe
investment some ten years ago to being a
global market worth billions today.
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According to the United Nations Educational, Scientific
and Cultural Organisation, the boom in undergraduate
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study has resulted in the number of people entering
higher education rising from 19 per cent to 29 per cent
over the past decade. All estimates suggest that this
growth will continue, albeit at a slower pace
In the book Making a Difference: Australian International
Education (2012), contributor and higher education
consultant Bob Goddard reckons that the number of