Australian homes are biggest in the world

According to new data commissioned from the Australian Bureau of Statistics by CommSec, Australia is still building the largest homes in the world.

Data shows the average floor area of new homes (houses and apartments) stood at 214.1 square metres in the nine months to March 2011 with new free-standing houses averaging at 243.6m².

New homes in Australia are around 10 per cent bigger than in the United States and 9 per cent bigger than in New Zealand.

Not only has home size appeared to have peaked but the number of persons per home has changed with the number of people per house up from 2.53 in 2003 to 2.66 in 2004.
Children are staying home longer with their parents – no doubt the cost of homes and rising rents being key influences. With the ageing population, more generations are probably choosing to stick together. New migrants may also being choosing to stay with family or friends.

Interesting trends!