We’re building fewer ‘McMansions’

The average floor size of a new home is now 186.3 square metres, down 1.6 per cent over the past 12 months and the smallest since 1996, according to CommSec’s Home Size Trends Report released on Monday.

Australians are still building the second-biggest freestanding houses in the world behind the US at an average of 230.8 square metres, although this was down 0.9 per cent over the year. Apartments, which now account for around half of all new dwellings, fell in size by 2.7 per cent to an average of 124.8 square metres in 2017-18.

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