ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

5 Apartment Trends To Dominate 2020

Updated on March 24, 2020
Luke Fitzpatrick profile image

In my spare time, I enjoy writing about parenting, productivity, and home improvement.

With Millennials entering the property market, as well as an increasing and aging population, the apartment sector will see certain trends dominate in 2020. In turn, these trends will have a significant impact on both investors and people looking to buy an apartment. If you fall into one of these categories, here are the five apartment trends you should keep an eye on this year.

1. Repurposing industrial buildings into apartment blocks

With an increasing population and the pressure for housing (and profit) rising, vintage/industrial buildings are being repurposed into apartment blocks. The Former Town Mill, a 19th-century mill in Graz, Austria, was transformed into a modern apartment complex. Loft-like flats on four storeys were created for a young and urban clientele while preserving the mill’s large, open, communal spaces and showcasing its beautiful timber skeleton.

Station F (previously known as Halle Freyssinet) is a large 20th-century train shed in Paris, France that was turned into the “world’s biggest start-up campus”. But it doesn’t only accommodate tech-based start-up businesses, it also houses 100 6-bedroom apartments where young entrepreneurs live together and share amenities.

The United States is taking up this trend as the population continues to grow and less land is available for new apartment developments. More vintage and industrial buildings will be converted into apartments, which is good news for both buyers and investors alike.

2. Kitchen-free apartments

A report by UBS found that Millennials are three times more likely to order takeaway than their parents. This has resulted in fewer kitchen islands and minimal counter space being built in new apartments marketed to young people. By 2030 most meals currently cooked at home will be ordered online and delivered from restaurants or central kitchens, which means kitchens in apartments will gradually shrink and eventually disappear altogether.

One factor driving the gradual extinction of the kitchen is the rise of food delivery services, with food delivery apps in the top 40 most downloaded apps. This is due to the fact that ordering-in is more convenient and cost-effective than making a meal from scratch. So if you don’t find a kitchen in an apartment, you’ll know why (and it’ll be cheaper to buy too).

3. Optimizing for retirees

New research from the Property Council revealed that retirees prefer apartment living because paying for an apartment, particularly in a retirement village, is cheaper than buying a two-bedroom house. As a result, almost 30% of new retirement villages have apartments compared to 15% of existing developments.

What’s more, modern retirees want easy access to health services on-site and recreation spaces, so 97% of new developments have facilities and services like cafés, cinemas, hair salons, community centers, social programs, and emergency call systems. Installing modern lifts or upgrading old lifts for seniors will also enable them to move up and down floors safely and easily, maintaining their independence and ability to get out and enjoy life.

If you plan on retiring this year, you may want to consider buying an apartment in a retirement village. If you’re an investor and considering Australia’s rapidly aging population, you could invest in a retirement village apartment for higher returns.

4. Rise of micro-apartments

The co-living trend has also taken off in Australia, with real estate agents reporting an increase in demand for micro-apartments in the inner city, which usually costs less than $500,000, as banks refuse to lend larger loans to buyers. This shows that it’s a good idea to buy or invest in a micro-apartment this year.

A micro-apartment is a single-room apartment with just enough space for sleeping, sitting, a tiny kitchen, a limited amount of shelves, and a bathroom. The laundry and common areas are shared with other residents and a community manager is responsible for keeping the place running. Your social, housing and expense needs are all handled in one place.

5. Walkable communities

Whether it’s in the city or in the suburbs, walkable communities have also picked up the pace with an increase in restaurants, retailers, and services opening within or near apartment blocks. Everything is within a 5 or 10-minute walk, so people can live, play, and sometimes work without having to drive their cars. This is great for singles and empty-nesters who don’t want big yards and long commutes.

The factors giving rise to walkable communities are fewer people driving cars, less newly developed land, and preference for small retailers over giant retailers that are often located far away. It may be expensive to buy an apartment in a walkable community but it’s good for investment and for buyers who want to be close to everything.

Looking to buy or invest in an apartment?

If you’re considering buying or investing in an apartment in 2020, keeping an eye on these trends can help you make important decisions and determine what’s best for you, especially when it comes to price, location, and features. As a buyer, you want to ensure that you’ll be satisfied with your choices. And as an investor, you want to ensure that you get a good return on your investment.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)