More students prefer university accommodation in Australia

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More students prefer university accommodation in Australia
According to a poll, the majority of Australian cities’ PBSA facilities have been filled by international students.

Nationwide, there are 200 PBSA projects that house about 76,000 students. The international Chinese students make up 27% of all PBSA inhabitants, while other domestic students make up 26%.

More than a quarter (26%) of the 76,500 student beds offered by housing providers across the nation are occupied by Australians, roughly at par with the percentage rented by their Chinese counterparts (27%), according to the Property Council of Australia who carried out a groundbreaking report on the industry released on Thursday.

The first-of-its-kind survey by the Student Accommodation also showed that more Australian students are now residing in PBSA than ever before. According to a poll, the majority of Australian cities’ PBSA facilities are currently full, however, not all of our international students have returned.

A separate analysis revealed that education, valued at $40 billion prior to the pandemic, is Australia’s fourth-largest export after iron ore, coal, and gas. A robust pipeline of new PBSA assets in Australia to guarantee the growth of the crucial international education sector and the support of CBDs in the recovery.

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