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Empty Nesters in Sydney - The Future Housing Needs of the 50-64 Year Age Group

For the past thirty years the dynamic demand force in the Sydney residential market has been the so called “baby boomers”. From dominating the first home buyer market over the 1970s and, as their children got older, the home upgrader market in the 1990s, Sydney’s baby boomers now face a third life style phase. It is this phase BIS Shrapnel investigates in “Empty Nesters in Sydney – The Future Housing Needs of the 50–64 Year Age Group”.

During 2001 the oldest of the baby boomers will turn 55 years of age. For many of them their children will be aged in their mid to late twenties, an age when they can be expected to leave home. The study answers the questions of how the leading baby boomers react to this new life phase.

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Angie Zigomanis

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