Build the home you need now and expand your home when the need arises

Residential building approvals are down across Australia, with February 2023 representing the most significant drop in private-sector residential construction approvals since June 2012. Construction is a historically complex process, requiring input from a range of material and services sectors all of which are underpinned by a supply chain process which must be stable, efficient and cost-effective in order to ensure the cogs of construction keep on turning. With so many inputs necessary to support its ongoing activities, some might consider it a miracle that the inevitable convergence of external factors we are seeing now hasn’t hit approvals sooner.

So what do the most recent statistics on dropping building approvals mean for the industry??

What is the future going to look like after the booms of the last 2 years peter out and outstanding contracts are filled with nothing to replace them in the near future??

Inevitably, the industry will level out with demand reducing while a corresponding rise in capability will see an equilibrium achieved. But this isn’t a sustainable industry model moving forward. Future-proofing both the technology of building, its processes and the products for the end user has never been more important. Resilience in the form of product adaptability should become the new norm for residential building.?

While there are wider events and external circumstances which have contributed to the position residential construction now finds itself, in essence, the driving factors have been:?

• Decreased skilled workforce
• Substantially Increased material input costs
• Reduced demand led by a slowing economy
• Overall productivity loss driven by the above factors, and
• Project timelines which are verging on prohibitive for a large pool of residential clients

These aren’t issues which can be solved overnight. In our opinion, the state of the industry now presents an opportunity for change led by a product which continues to offer a client customised design capability but incorporates something we call functional adaptability.?

The largest proportion of new residential construction projects in Australia is delivered through a variety of small, medium, and large project home builders. Traditionally, these projects are fast, efficient, and cost-effective. However, they also impose a mindset of building in anticipation of the future – building a house that can accommodate the changes that we experience in life over 5, 10 or 15 years. This mindset is driven by the cost, inconvenience and comparatively inefficient processes of renovation and extensions. Current processes simply do not allow for the flexibility necessary to accommodate simple, fast, and cost-effective changes to a building.?

So how does our functional adaptability benefit available to the Buildonix? technology address this divide? For Buildonix?, the solution comes in the form of a shift in mindset. The cost of money and the cost of living has increased substantially in the last six months, a factor which has directly contributed to the fall in building activity. However, your new home or your detached accommodation suite doesn’t have to be set on the back burner because of this.?

The solution is simple - build for the requirements you have now, with the adaptability available to you to expand your home when the need arises.?

The permanent and inflexible nature of building traditionally has meant that clients don’t have much choice, they must build in anticipation of a future that they aren’t really sure of. This leads to higher build costs, further project delays, and greater susceptibility to risk as projects increase and personal costs increase to meet the financial requirements of living and building.

Wouldn’t it be better if a client could build a home that they need now; designed specifically to enable fast convenient and cost-effective growth in the future without the necessarily significant costs which are normally required to renovate and extend a permanent structure using current technologies??

At Buildonix? we have the technology to deliver living adaptability. We specialise in staged residential developments, starting small and growing based on your needs. This means that you can get in your home, on your land and financially stable sooner – without restricting your home and living standards into the future. We provide our clients with the ability to contact us and re-design their homes based on their needs at any time in the life of their building. The best part? None of the materials that go into your home goes to waste in the event you want to change. Everything is designed to be re-used. You have a high-quality adaptable building which has industry-leading sustainability built into it.?

If you could envision a residential building solution which didn’t require compromise or going without for financial affordability, what would it be? What would it look like, and would you consider a move away from the traditional mindset of permanent, inflexible residential construction products??

We want to know what you would like to see in a residential building product that would convince you to build, even in a downturn. We invite any reader to participate in our poll, or call or email us with your view. We want to know what makes the difference for you!

Please get in touch to discuss your upcoming needs, and anticipated needs over the next 10-20 years and we will show you how our buildings can adapt and evolve with you.???