Future proof luxury homes in Perth
It’s no secret that Australians are living longer and healthier lives. In fact, it’s quite a welcome reflection of how society has progressed over the past few decades. Custom home design is an important part of dealing with our advancing years, as it allows us to maximise the use and enjoyment we will get out of our homes.
The Australian Bureau of Statistics (ABS) reports that those born between 2007 and 2009 can expect to reach an average life expectancy of 79.3 years for males and 83.9 years for females.
Compare this figure to those from about 30 years earlier, and you’ll see that men born between 1975 and 1977 were anticipated to have a life expectancy of around 69.6 years, while females born in those years could expect to hit 76.6 years of age.
If it weren’t enough that we are living longer, our country’s births outpace our deaths and, of course, there is international migration too. The ABS estimates that there is a birth every 1 minute and 45 seconds, and a death every 3 minutes and 32 seconds. Net migration yields one new immigrant every 2 minutes and 5 seconds.
Overall, the ABS says that this means our population expands by one person every 1 minute and 18 seconds. With the total number of people in the country sitting at a projected 23,777,871 at the time of writing, many will be wondering where these people will be housed.
Master Builders Australia, commenting on the recently released Intergenerational Report, noted that over the next 40 years, the nation will need to double its available housing to deal with the inflation in numbers.
While this will require a lot of new homes, an important aspect to consider is planning for an extended family. Whether this means your parents living with you for a while, or your adult children.
Talk to Exclusive Residence, the luxury home builders in Perth, about creating a luxury home with all of the accommodation you could possibly need, while maintaining privacy and enhancing life as the years roll on.