It is projected by the Australian bureau of statistics that, under a medium growth scenario, by 2075 the population will reach forty six million. They project that by this time Melbourne will reach a population of around eight and a half million, and Perth will overtake Brisbane as the third largest city. Combining the rise in population with the existing high prices of homes, Australian cities have a great demand for more housing. Meeting this requirement will demand a range of homing options to be delivered, including mid-rise options.
With residential permits for flat and apartment type buildings up thirty-six percent over the last year, we have seen a considerable shift in the direction of high density buildings. This is a shift that has never been seen on such a large scale in Australia. According to the 2011 census, it is indicated that over one hundred and fifty thousand housing units were built within inner and middle suburbs in Australia in the last ten years.