08 8352 3444   |   reception@saprofessionals.com.au
Register for Alerts   |   Login to Alerts

Tripodi & Associates RLA183154

152 Marion Road Richmond

08 8352 3444

08 8352 7440


Contact us





Single Person Households on the Rise

10 Aug 2015 Richmond 0 Comment

Single people are now one of the fastest growing segments in the housing market. The latest census figures show that single person households account for 24.3% of the housing market. This number has grown steadily over the last 2 decades of recorded data.

It could be said that changing demographic trends such as single people waiting longer to enter marriage or long term relationships can account for this rise.

This growing trend of single person households has shown a steady rise in the popularity of one bedroom apartments that are located in areas of social infrastructure, such as the city and surrounding suburbs. The rise in trendy bars and restaurants has also made these areas ideal for this type of accommodation.

Single people may find the following tips to be useful when looking for accommodation:

Leave a comment

Copyright © 2018 Professionals Real Estate  |  Privacy Policy & Disclaimer  |  Made in Melbourne by iProperty