In a country where homeownership is becoming less accessible and rents are steadily increasing, caravan parks have always played an important role in the housing sector.
There are people who live permanently in caravan parks because they choose to live there, especially in coastal locations, as part of downsizing and lifestyle changes. But there are others who live in caravan parks as a last resort. This could be because there are simply not enough rentals to meet demand, or because a patchy rental history or unstable employment arrangements make it difficult to secure a lease elsewhere.
However there has been a marked decrease in the supply of low-cost long-term sites in coastal caravan parks in recent years due to a combination of factors. These include development pressures associated with increased population migration to the regions and the related growth of more upmarket facilities to capitalise on tourist demand.
In Australia’s pricy property market, these places are somewhere people can still afford to call home, that is if the option is available to them.