As property prices continue to hit new highs across the country, the ideal Australian dream of a detached home on a one-of-a-kind block is slipping out of reach for many.
But that doesn’t mean the idea of owning a home has been lost, with the growing tiny living movement redefining what it means to live comfortably.
Forget sprawling estates and grand mansions, this new generation of smartly designed, compact spaces prove that bigger isn’t always better.
Conversion of buses and vans
No blueprints, overpriced accommodation, and minimal restrictions — the beauty of the open road is even deeper when your car doubles as a bed.
Although we are all familiar with the ‘grey nomads’, in recent years there has also been a huge surge in young people getting into the caravan action.
The #vanlife hashtag exploded as new tenants cashing in on the housing market hit the road. Photo: Getty
Indeed, a new generation of enthusiasts are loading their surfboards into modified vans and designer Airstreams as part of a global social media movement, represented by the #vanlife hashtag.
“Bus and van conversions are a cool option for those who value mobility and convenience,” said Charles Whitehead, head of real estate investment at Pearl Lemon Properties.
“These converted vans are an opportunity to live on the road, and some tourists even equip them with fully functional homes, including kitchens, bathrooms, and comfortable beds. The trend has spread around the world, as van dwellers and remote workers appreciate the freedom of the nomadic lifestyle.”
This movement is especially attractive to minimalists, adventure lovers, and those who want to escape high rental costs or embrace a nomadic lifestyle. Offering the freedom to move with your home, it redefines what a fixed address means.
Houseboats
From ‘grey nomads’ to ‘kunomad’ – prospective buyers aren’t just hitting the road to find an affordable home, they’re also looking for water.
In South Australia, beach resorts have become more popular and expensive over the past few years, with some now fetching more than $100,000.
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Marina beaches are becoming more and more popular as people turn to life on the water. Photo: realestate.com.au/sold
Since marinas offer great power and water, pumping facilities and security, they are more attractive to those with a houseboat than finding a place to rest along the river. Many marinas offer free moing for up to 48 hours.
Affordability isn’t the only benefit houseboats have to offer – owners get to experience the tranquility of the water with ease in cities.
Houseboats offer the same features as a home on land, with more flexibility. Photo: realestate.com.au/sold
“These waterfront homes offer amazing views and a new way of life that combines the peace and convenience of the city,” said Mr Whitehead.
“The exterior of houseboats may be modest, but their interiors often have all the modern conveniences, housed in a simple package that combines simplicity and elegance.”
Caravans and mobile homes
The growing Tiny House movement offered new homes on wheels.
Often classified as caravans or RVs, this smart design option allows owners to avoid traditional building codes and rising housing costs offering a mobile, flexible solution.
“The growing Tiny House movement has led to improvements in insulation standards, fire safety, and off-grid capabilities that make these homes viable as permanent residences,” explained Dr. Diaswati Mardiasmo, chief economist and head of national research at PRD Real Estate.
“However, challenges include finding legal long-term parking, accessing services, and navigating the various council regulations across regions and territories.”
