Appetite for additional car bays prevalent
Recent research with 174 apartment livers by the WA Apartment Advocacy has found that 50% of respondents would be prepared to pay another $25,000 for an additional car bay.
While the research found that 71% were happy with their allocation of car bays, close to 30% were frustrated by the lack of choice – with the majority of these only having one car bay with their apartment.
In addition the research determined that overall 30% of the recipients were unhappy with the allocation of visitor bays within their apartment developments.
“We are seeing situations whereby residents are buying apartments with one car bay and yet they have two cars and so they are using the visitor bays as an alternative,” Ms Reece, Director of WAAA stated.
“Conversely there is just not enough visitor car bays and so residents are parking in the street early in the morning so as to accommodate their guests.
“Developers often state that they would supply more car bays if residents were prepared to pay for them and this data now demonstrates that there is approximately half of the market who in fact would, if given the opportunity.
“This tends to beg the question as to why developers are not providing buyers the option to purchase car bays as an ancillary element to the apartment itself.”
The data also revealed that 15% of the respondents would be happy to forfeit their car bay and save the allocated $25,000 that was attributed to the price of their apartment.
“Those that live close to public transport are more likely to forego their car space, but the research showed that 50% of residents still utilised their cars for work, shopping and leisure,” Ms Reece said.
“Until Perth has an efficient public transport system, we are not going to see a reduction in the reliance on private vehicles, which has become the norm in the East.
“As such Local and State Governments need to realise that they cannot force a reduction in car bay allocations, until these services have been fully actualised.”
Other improvements that residents wished to see included larger parking bays, greater security, electric car charging points and allocated car washing/cleaning areas.
WAAA is the voice for people who choose apartments in WA. It seeks to demonstrate the need for housing choice in WA and the role that apartments can play in that mix.