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Health a high priority for housing in 2020

28 AUG 2020 By Grace Ormsby 2 min read Investor Strategy

The Australian property industry is witnessing a growing trend towards wellness and holistic health, with the advent and increased popularity of wellness real estate.

Essentia townhouse spi

Mulpha Developments is one of the developers leading the charge, with the construction of a new precinct where “wellness” is central to the design of townhouses in the area and the overall community landscape.

According to a statement from Mulpha, the Essentia townhouse development at Norwest – situated near two of Sydney’s new metro stations – “integrates the latest smart technology with wellness in design principles to create a healthier and more energy-efficient living environment”.

With so many people working and sharing home spaces, Murpha Developments executive general manager Tim Spencer said “it is vital that their home supports, rather than hinders, their sense of wellbeing”.

He acknowledged that “this year, people’s lives have become more centred around their homes and they have become much more conscious of how their home supports an integrated, balanced and healthy lifestyle”.

 
 

“They value living within walking distance to neighbourhood amenities, including parks, walking paths, public transport, local services and entertainment options. They prioritise light, open living spaces, greenery and fresh air and access to wellness facilities such as gyms, yoga studios and health services.”

The townhouses integrate a number of smart home features and “wellness in design”, including: extensive use of double glazing and louvres, solar panels, landscaping, rainwater tank storage, home automation, communal wellness facilities for swimming and yoga, and circadian lighting options.

Essentia has also adhered to a number of good planning principles, which include:

  • Internal courtyards which create seamless indoor-outdoor spaces and promote airflow
  • Energy efficiency through solar utilisation
  • Room planning that “fosters family cultures”
  • Thoughtful storage provisions
  • Dense planting between homes to provide heightened privacy and nature immersion
  • Versatile living layouts

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RELATED TERMS

Property
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.
Real estate
Real estate is a type of real property that refers to any land and its permanent improvement or structures that come with it, whether natural or man-made.
Grace Ormsby

Grace Ormsby

AUTHOR

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

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