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architecture trends that everyone wants

Remember that 50 years ago it was difficult to sell the average Victorian or Edwardian property; most of the population instead wanted larger, more modern lifestyle properties in the middle-ring suburbs.

Times have changed, with movement back to inner-city areas and the resulting stiff competition for what have effectively become real estate “antiques”.

The interesting consideration in considering these period properties as antiques is that while most buildings deteriorate over time, these sought-after gems appreciate thanks to the limited supply of buildings and available land. This delivers the double whammy of valuable buildings and valuable land.

Find the next wave

Investors who feel pushed out of this more rarefied territory will naturally look for the next wave of architectural styles that will deliver long-term capital growth.

To determine what they are, it is necessary to start after the Second World War. Since properties built from that time are not typically classified as period architecture, the description of anything entrenched in the psyche of the Baby Boomer generation has become known as “retro.”

At the top of the new rarity list are 1910-1920s California bungalows. They are often found on larger blocks of land and were considered quite affluent when pockets of them sprung up on the fringes of older, established suburbs. They lend themselves to a wide variety of renovations and will generally be in areas with consistently similar housing styles.

Next, it’s worth looking at the 1950s and 1960s mid-century styles. It’s the comfortable middle-class “blonde brick” veneer and the quaint 1940s English clinker that populate leafy suburbs.

They are mostly supported by one critical factor – they are generally found in high land value areas. Many of these types of housing are also in areas with easy access to prestigious educational facilities, good transport infrastructure and recreational facilities.

Good quality 1950s and 1960s homes are very fashionable in these locations. An important part of their appeal is that they are spacious, with simple layouts and solidly built, so they can be rebuilt relatively easily.

Their thoughtless architectural style also makes them very adaptable. Unlike a situation where a period style property can undergo an ultra-modern interior renovation – often destroying and over capitalizing on its historic character – 1950s and 1960s properties can accommodate a wide variety of decor and furniture styles. adopt.

Although still emerging, 1970s and 1980s condos and houses – again underpinned by high land value locations – are beginning to show good growth potential and are an affordable entry point to the market for some investors.

This is especially the case with 1980s architectural styles, with exposed wooden beams and cathedral-style ceilings, which work well with the Nordic aesthetic that has become increasingly popular.

Remember, unlike shoulder pads and stonewashed denim – once in fashion, architectural shapes don’t tend to fall out. Although newer styles are emerging, older period homes continue to increase in value and appreciation.

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