Formed in May 2022, the Student Accommodation Council gives a voice to the critically important purpose-built student accommodation (PBSA) sector which provides homes for over 76,500 students per year, a figure that continues to grow.
Providing vibrant and connected housing options for students underpins Australia’s largest service export – international education. Ensuring a strong pipeline of beds also reduces pressure on the broader residential rental market by providing a safe, student-only housing choice.
Our advocacy priorities are to remove the barriers to growth in this alternative residential asset class and grow the sector Australia-wide.
Better investment frameworks will ensure that PBSA in Australia can continue to garner international interest and house the next generation of leaders.
The Property Council has consistently called for more homes and a diverse housing mix to meet the existing and emerging housing needs of all Australians.
Please find the Student Accommodation Council’s submission into the Review Panels’ Australian Universities Accord – Interim Report (Interim Report).
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Supply – Work with governments and the sector to increase the supply of PBSA in Australia, unlocking the rental market and providing safe and professionally managed housing options for students.
Growth – Support the PBSA sector by removing barriers to growth like foreign investor taxes and charges.
Education – Increase awareness about the important economic, social and wellbeing impacts of the sector amongst policy makers, investors, educational institutions and the public.
Unity – Work with the entire education supply chain to strengthen relationships between institutions, accommodation providers and all levels of government.
Consistency – Provide consistent regulatory frameworks for PBSA providers across Australia, ensuring an even playing field that encourages investment regardless of jurisdiction.
The Student Accommodation Council has warned that the federal government’s Migration Strategy must genuinely focus on raising the quality of international student visas and closing existing loopholes, not just arbitrarily reducing international student numbers.
The Student Accommodation Council has cautioned against short-term thought-bubbles like a proposed tax on international students, as Australia considers how to overcome a multi-decade housing supply deficit.
The Student Accommodation Council has expressed concern at the release of a new report by CBRE which has found that even with a seven per cent uplift in supply, the demand for student accommodation remains unmet.
The role of our Division Council is to best represent the interests of all members across the Student Accommodation sector. Council members are nominated by industry peers and elected for a two year term, with the President also securing a position on the National Board. Division Councils are responsible for driving the Property Council’s agenda specific to the Division, and leveraging the Property Council’s campaigns and initiatives to achieve targeted results. The Division Council meets monthly and the current representatives commenced their tenure in April 2023.
Not a member yet?
We welcome membership from organisations who own, build, invest in or manage purpose-built student accommodation.
Innovation & Excellence Awards
The annual Property Council of Australia/Rider Levett Bucknall Innovation & Excellence Awards are the most prominent property awards in Australia, promoting excellence in design and innovation in the built environment since 1982.
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The Universities Accord, released on Sunday by Education Minister Jason Clare, calls for a doubling of university students to 1.8 million by 2050, but student accommodation remains undersupplied.
The purpose-built accommodation sector is at capacity all around the country, and as we welcome more international students, more must be done to increase supply, according to experts.
A new report by CBRE has found that even with a seven per cent uplift in supply, the demand for student accommodation remains unmet.