{"id":31625,"date":"2021-04-08T09:53:04","date_gmt":"2021-04-07T21:53:04","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=31625"},"modified":"2021-04-08T09:53:04","modified_gmt":"2021-04-07T21:53:04","slug":"developer-buying-caravan-parks-for-tiny-homes","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/developer-buying-caravan-parks-for-tiny-homes\/","title":{"rendered":"Developer buying caravan parks for tiny homes"},"content":{"rendered":"

PHOTO: There are almost 2500 caravan parks around Australia<\/strong><\/p>\n

One developer is snapping up caravan parks to transform them into sites filled with tiny homes available for low income households to rent \u2014 in what is claimed as a first for Australia.<\/p>\n

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Lei Feng, director of Preer Property Group, said a trip to the US three years ago gave him the idea as 24 million Americans live in long term housing in trailer parks.<\/p>\n

He claims the Australian government isn\u2019t addressing the housing affordability crisis and the tiny homes would offer a \u201cdesperately needed solution\u201d.<\/p>\n

There are six caravan parks in the developer\u2019s portfolio so far including Victorian postcodes like Pakenham and Mornington Peninsula suburbs such as Rosebud and Hasting.<\/p>\n

The tiny homes<\/a> are being offered for rent for between $200 and $230, compared to an average cost of $450 to lease a one-bedroom unit in Melbourne, Mr Feng said.<\/p>\n

He believes the tiny homes would be ideal for people on Centrelink, who are disabled, retirees, single mothers or victims of domestic violence who could rent a home for 60 per cent of the median price within the surrounding area.<\/p>\n<\/div>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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