Multigenerational Apartments
Space for extended family living. 3-4 bedrooms with separate living zones for parents, children, and grandparents together.
Key Benefits
3-4 bedrooms with separate living zones
Dual master suites for privacy
Second living/retreat spaces
Extended family affordability (shared costs)
Grandparent childcare and family support
Cultural traditions and family bonding
Market Insights
Large 3-4BR apartments (130-180sqm) in Hurstville, Strathfield, and Rhodes accommodate multigenerational families (parents + adult children + grandparents) sharing $850,000-$1,200,000 purchase costs, delivering $280-$400 per person monthly savings versus separate 1-2BR rentals ($1,800-$2,400/month).
Multigenerational apartment demand has grown 85% since 2020, driven by housing affordability crisis ($1.4M median house price), cultural preferences (Asian, Middle Eastern communities), and family support needs (childcare, elder care) saving $15,000-$25,000/year in external care costs.
Apartment buildings with 20-30% larger floorplans (130sqm+ 3BR) in diverse suburbs (Strathfield, Burwood, Rhodes) achieve 94-97% occupancy with family tenancy retention exceeding 4.2 years, triple Sydney metro average (1.2 years), driven by extended family stability.
Best Suburbs for Multigenerational Apartments
Curated selection based on rental yields, capital growth, and market demand
Parramatta
Bankstown
North Sydney
Chatswood
Mosman
Neutral Bay
Artarmon
Liverpool
Homebush
Strathfield
Burwood
Rhodes
Auburn
Lidcombe
Hurstville
Eastwood
Confidential Multigenerational Living Guide
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