Tracey Chandler - Buyers Agent

Your Exclusive Buyers Agent -

Specialising in Sydney's Eastern Suburbs 

and Lower North Shore

0416 100 839

tracey@tcba.com.au

  • Home
  • Why use Tracey?
  • Buyers
    • Buying a home
    • Buying an Investment Property
    • Overseas Buyers
  • Services
    • Full Property Search
    • Evaluate and Negotiate only
    • Auction Bidder
    • FEES
  • Testimonials
    • Video – Past Clients
    • Video – Real Estate Agents
    • Written Testimonials
  • News
  • About
    • About Tracey Chandler
    • How It Works
    • The Process
    • FAQ
  • Contact
  •   0416 100 839

January 28, 2014

Debate Around the Optimum Home Size

January 28, 2014
share
share
tweet

optimum home sizeOur obsession for big homes has helped us displace a long-standing trend. For the first time, homes built in Australia are bigger than those built in America and this change in statistic-sheet needs some serious introspection. It is time to ponder whether we actually need such big homes, especially in the light of an ever-imminent housing shortage.

Number of residents

It is important to approximately assess the number of people who will live in your home 5-10 years from now? Let me explain this. First Home Buyers have received a big jolt; what with the Grants not helping them too much and investors spiking property prices to zones they cannot easily access.

First home buyers in trouble

As a direct consequence, more and more young adults- not able to save enough for their first homes- are deciding to live longer with their parents. We know how the Gen Y is more inclined towards having its private bathrooms and living spaces. I guess this explains why it is important to prefigure the number of residents expected to ‘people’ the home in coming times and plan the optimum home size accordingly.

Gender of children

The optimum home size may also vary keeping in mind the gender of the children. After all, two male children can keep on inhabiting the same bedroom long after turning into young adults. The same is true for the two female children, too. This said, you will definitely need to ponder upon an extra bedroom if you have two or more children, and from opposite genders.

Natural storage facility

Another aspect worth ruminating over is the kind of storage you need. A few homes are blessed with natural storage facilities while others require creating storage space. Depending upon your needs, your house may require quite a number of extensions. It is good then to construct those extra spaces now when the cost of building them is expected to be a good few dollars lesser than, say, 10 years from now.

The case of missing dining tables

Paradigm shifts have also resulted in quite a few reconsiderations. Our preceding generation would agree how a separate dining space (read dining tables) was a must in their times. Today, that selfsame dining space has merged either with the kitchen area (kitchen islands with stools) or with the living area. This has allowed us to shrink our home sizes by a few square metres.

Sometime ago, I had discussed the Mcmansion Syndrome in one of my articles and had asserted how our willingness to buy apartments in the CBD area is kind of a departure from the Mcmansion trend. Here is hoping that we become even more prudent in our choice of homes (in terms of size) and how we use its inherent space.

What kind of home extensions did you have to plan?

Related posts:

  1. How to Add Value to Your Home Through Renovation
  2. 5 Avoidable Kitchen Renovations
  3. The Negative Gearing Debate Never Loses Steam
  4. Houses or Units – The Debate Continues

Tagged: home renovation

Get Your Dream Property Sooner

This field is for validation purposes and should be left unchanged.

Most Popular Articles

  • auction tips Pre-Auction Tips: 9 Things To Do BEFORE Auction Day under Features
  • 5 Key People To Ask for Real Estate Investment Advice under News
  • hiring a buyers agent 10 Important Questions to Ask a Buyers Agent Before You Hire Them under Features
  • property auction 7 Dos and Don’ts Everyone Should Know About Property Auctions under Features
  • how to prepare for a property auction How To Prepare For A Property Auction 101 under News
  • two bedroom apartment in Sydney Here’s Why it’s Better to Buy a Two-Bedroom Apartment in Sydney under News

Recent Articles

  • 7 Tips for Buying a Home in Sydney’s Eastern Suburbs

    7 Tips for Buying a Home in Sydney’s Eastern Suburbs

  • How To Avoid Emotional Attachment To Property

    How To Avoid Emotional Attachment To Property

  • Why Are So Many Sydney Homes Sold Off-Market?

    Why Are So Many Sydney Homes Sold Off-Market?

  • Should you engage a buyer’s agent for an auction?

    Should you engage a buyer’s agent for an auction?

Topics

buying property during COVID-19 financial freedom first home buyers forecasts home inspection home owners home prices home renovation home valuation how to buy a home interest rates lifestyle mortgages overseas investors property auctions property investing property investment property negotiation property valuation real estate real estate agents real estate industry sydney eastern suburbs sydney property market taxation

Feedback from Clients

Areas Served: Eastern Suburbs | Lower North Shore | Inner West

Copyright © 2025 by Tracey Chandler - Buyer's Agent in Sydney. All Rights Reserved.

339 Oxford Street, Paddington NSW 2021, Ph: 0416 100 839

recommended buyers agent award

WINNER

"NSW Highly Recommended Buyers Agent Award"

sydney real estate logos

Privacy Policy | Terms & Conditions | Disclaimer

Connect with us on:

google reviews
4.9 ★★★★★
Based on 61 reviews
google reviews
4.9 ★★★★★
Based on 61 reviews