Student Accommodation Rising

Australia’s student accommodation sector is surging ahead with new data showing there will be 144,300 beds by 2027.

An increase in student accommodation beds is seen as a win for the broader rental market, as it helps free up private rental properties.

The latest Urbis Student Accommodation Benchmarks report says 1,045 beds are expected to be completed this year, with an additional 11,200 to be built between 2025 and 2027.

The Federal Government will allow public universities to grow their international student numbers in 2026 if they can demonstrate the delivery of additional student accommodation.

Student Accommodation Council Executive Director, Torie Brown, says there will be a strong wave of new supply in the coming years.

“With the election behind us, investors in student accommodation are looking at Australia with confidence again,” she says.

“We need governments to treat PBSA as an asset class of priority and make it easier for projects to get out of the ground.”