MEDIA & PROPERTY INSIGHTS

The National Housing Supply Council was established by the Treasurer and the Minister for Housing in 2008 to monitor housing demand, supply and affordability in Australia, as well as to identify gaps between housing supply and demand and to highlight strain on the housing system.

Demand for housing projected to increase over the next 20 years...

Executive Summary:
Imbalance between demand and supply to grow!

The Council's analysis indicates that the housing shortfall is likely to increase further in the coming years. The key points are as follows.

- The gap between total underlying demand and total supply is estimated to have increased by approximately 28,200 dwellings in the year to June 2010, to a cumulative shortfall of 186,800 dwellings since 2001.

- There was a net increase of 131,000 dwellings in 2009-10, after adjusting for conversions, demolitions and some properties being vacant.

- The approach used in this report to estimating the gap between supply and underlying demand produces a shortfall of 80,500 dwellings over the year to end June 2009, and a revised cumulative gap of 158,500 by June 2009. This compares with estimates for the same period of 78,800 and 178,400, respectively in the 2010 State of Supply Report. The inclusion of conversions reduces the estimated level of the gap from 2002 onwards compared to previous projections.

- The Council has also updated its longer-term projections of the gap, although these are highly sensitive to the assumptions used. The Council's central projection suggests that over the five years to 2015, the cumulative demand-supply gap since 2001 is projected to grow by a further 142,000 dwellings to 328,800 dwellings.

- By 2030, the same projection assumptions produce a cumulative gap of 640,200 dwellings.

Conclusions:
Despite the apparent easing of demand and price pressures in the market, demographic trends and current and historic rates of house building point to a widening of the 'housing shortfall'.

Goldfield House - Trendy South Yarra

Queensland - Hayfield Estate Construction Update - March 2023

Goldfields Leaders discuss flagship project

Mr Marco Gattino interviewed by Rob Langton

Development Ready is pleased to present our exclusive interview with Mr. Marco Gattino.

Marco is Managing Director of Goldfields Group - a Melbourne-based property developer with vision, expertise & a proven track record in the property development industry.

Goldfields has a vast wealth of experience across multiple facets of property development including residential apartments, townhouses, masterplanned land communities, commercial office towers and mixed use projects.

Goldfields has amassed a project pipeline totalling over $2bn as of early 2020, with projects underway or proposed across Adelaide, Melbourne, Sydney & Brisbane.

Our discussion centres around Marco's background working as a lawyer, before moving to Asset One to work directly alongside renowned Melbourne figure, Clement Lee.

We also discussed the evolution of Goldfields Group since it's inception in 2010, and what different markets across Australia offer in terms of opportunity within the office, residential & commercial sectors.

Proudly produced, licensed & distributed by Ready Media Group.

Goldfields - The background

Goldfields has strong relationships with many of Melbourne’s large consulting groups. Years of collaboration with some of Australia’s best minds across disciplines such as architecture, urban planning, interior architecture, finance, construction and design positions Goldfields to successfully deliver its development goals.

Goldfields has a vast wealth of experience across many facets of property development including commercial offices, retail, residential apartments and townhouses, aswell as masterplanned communities and mixed use projects.

Owner & Managing Director, Marco Gattino has been involved in large scale integrated commercial development, amongst many other small projects whilst at Asset 1. Lachlan Thompson, Chief Operating Officer of Goldfields began his career in property with Jones Lang LaSalle and over a 5 year period was involved in over $500m worth of transactions at an institutional level. Since then Lachlan has been solely focused on the development and construction sector and has been responsible for over $1bn worth of developments from inception/acquisition through to completion across all sectors of the industry.

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