Accelerated by crisis: New research from Allianz and UTS reveals the future of Australian homes

1 June 2020
  • Allianz Australia (Allianz) and University of Technology Sydney (UTS) partner with Jamie Durie to predict how our homes will be built, powered and decorated in the future
  • The Future of Living report reveals the five biggest factors that will change the way Australians live
  • Report indicates the traditional large family home model may give way to smaller structures, featuring communal spaces that embrace and adapt to nature
  • Gen Z and Millennials homelife choices will be increasingly driven by sustainability

Millennials and Gen Z will put sustainability first when living in and building their future homes, according to new research released by Allianz. We can expect young Australians to deconstruct the family home model as we know it: outdoor and indoor living will be combined; an eclectic, new interior decorating style created; and the impact of harsh financial realities may lead to a ‘sharing economy’ approach to housing.
 
The Future of Living report, commissioned by Allianz in partnership with UTS, has revealed how the socio-economic and environmental factors our younger generation are navigating, will affect house design and home-living. The impact of some of these factors has been magnified recently following the devastating effects of COVID-19 and the bushfires.

  1. Rachael Poole, General Manager of Home and Lifestyle at Allianz Australia, said: “We all have a shared responsibility to invest in a sustainable future for our communities and planet. The Future of Living report provides Australians with an understanding of, and inspiration into, how families will be living in their homes in years to come. “For Allianz Australia, it’s important for us to have a view on future living trends – especially those that protect our planet – so we can remain a global leader in insurance products that support sustainable living solutions. Solutions that match the desires and needs of Australians.” To illustrate the findings within the Future of Living report, UTS have developed a series of blueprint designs. UTS researcher, Guillermo Fernández-Abascal said: “The implications of this domestic model are deeply rooted in the Australian culture and climate, as it blurs the boundaries between the interior and the exterior as the next step for exploring new ways of living.” Working with Allianz Australia and UTS, Jamie Durie – who is currently designing his own sustainable home – also consulted on the prospective blueprint of what a home of the future could look like, to help inspire Australians to reimagine their approach to home design.Rachael Poole, General Manager of Home and Lifestyle at Allianz Australia, said: “We all have a shared responsibility to invest in a sustainable future for our communities and planet. The Future of Living report provides Australians with an understanding of, and inspiration into, how families will be living in their homes in years to come. “For Allianz Australia, it’s important for us to have a view on future living trends – especially those that protect our planet – so we can remain a global leader in insurance products that support sustainable living solutions. Solutions that match the desires and needs of Australians.” To illustrate the findings within the Future of Living report, UTS have developed a series of blueprint designs. UTS researcher, Guillermo Fernández-Abascal said: “The implications of this domestic model are deeply rooted in the Australian culture and climate, as it blurs the boundaries between the interior and the exterior as the next step for exploring new ways of living.” Working with Allianz Australia and UTS, Jamie Durie – who is currently designing his own sustainable home – also consulted on the prospective blueprint of what a home of the future could look like, to help inspire Australians to reimagine their approach to home design.
The report has identified five key themes that will change the way Australians live and purchase property forever:
  1. Sharing life: From accommodation, to office spaces, from car rides, to our homes, the ‘Share Economy’ is already innovating and reshaping how we live. Driven by friendship, housing affordability and changing family models, Australians will soon be creating living arrangements featuring new approaches to communal spaces and shared resources.
  2. Managing climate: With concerns around the environment, recycling, and carbon emissions top-of-mind, Australian Gen Z and Millennials will fight climate change with sustainable options used for the interior and exterior fabric of their homes.
  3. Naturalised interiors: Young Australians will be challenging traditional divisions between garden and house. Future homeowners can expect to see Native greenery rife throughout interior and exterior structures, as domestic spaces become part of the Australian landscape and biosphere at large. Buildings will become much more aligned to the landscape outside, in an effort to create a more fulfilling lifestyle, to meet increased appreciation of the world around us.
  4. Reusing new materials: The substantial growth of the Australian population will require vast quantities of construction material. The report suggests a shift toward more sustainable standards in the construction industry, with locally sourced timber becoming a building exterior of choice. Local production removes the need for global importation, which in itself brings about many economic and environmental impacts.
  5. Austerity Chic: In consideration of not only environmental but economic factors too, interior design will become an inconspicuous, mismatched collection of items found between second-hand and mass-market furniture stores. The future generations will choose to be more discerning and use what is already available. This will include “unfinished” looks, and mismatched objects that strike the perfect balance between elegance and style and raw and unrefined.

Rachael Poole, General Manager of Home and Lifestyle at Allianz Australia, said: “We all have a shared responsibility to invest in a sustainable future for our communities and planet. The Future of Living report provides Australians with an understanding of, and inspiration into, how families will be living in their homes in years to come.
 
“For Allianz Australia, it’s important for us to have a view on future living trends – especially those that protect our planet – so we can remain a global leader in insurance products that support sustainable living solutions. Solutions that match the desires and needs of Australians.”
 
To illustrate the findings within the Future of Living report, UTS have developed a series of blueprint designs. UTS researcher, Guillermo Fernández-Abascal said: “The implications of this domestic model are deeply rooted in the Australian culture and climate, as it blurs the boundaries between the interior and the exterior as the next step for exploring new ways of living.”
 
Working with Allianz Australia and UTS, Jamie Durie – who is currently designing his own sustainable home – also consulted on the prospective blueprint of what a home of the future could look like, to help inspire Australians to reimagine their approach to home design.

  1. Rachael Poole, General Manager of Home and Lifestyle at Allianz Australia, said: “We all have a shared responsibility to invest in a sustainable future for our communities and planet. The Future of Living report provides Australians with an understanding of, and inspiration into, how families will be living in their homes in years to come. “For Allianz Australia, it’s important for us to have a view on future living trends – especially those that protect our planet – so we can remain a global leader in insurance products that support sustainable living solutions. Solutions that match the desires and needs of Australians.” To illustrate the findings within the Future of Living report, UTS have developed a series of blueprint designs. UTS researcher, Guillermo Fernández-Abascal said: “The implications of this domestic model are deeply rooted in the Australian culture and climate, as it blurs the boundaries between the interior and the exterior as the next step for exploring new ways of living.” Working with Allianz Australia and UTS, Jamie Durie – who is currently designing his own sustainable home – also consulted on the prospective blueprint of what a home of the future could look like, to help inspire Australians to reimagine their approach to home design.Rachael Poole, General Manager of Home and Lifestyle at Allianz Australia, said: “We all have a shared responsibility to invest in a sustainable future for our communities and planet. The Future of Living report provides Australians with an understanding of, and inspiration into, how families will be living in their homes in years to come. “For Allianz Australia, it’s important for us to have a view on future living trends – especially those that protect our planet – so we can remain a global leader in insurance products that support sustainable living solutions. Solutions that match the desires and needs of Australians.” To illustrate the findings within the Future of Living report, UTS have developed a series of blueprint designs. UTS researcher, Guillermo Fernández-Abascal said: “The implications of this domestic model are deeply rooted in the Australian culture and climate, as it blurs the boundaries between the interior and the exterior as the next step for exploring new ways of living.” Working with Allianz Australia and UTS, Jamie Durie – who is currently designing his own sustainable home – also consulted on the prospective blueprint of what a home of the future could look like, to help inspire Australians to reimagine their approach to home design.
The Hut, 2019. Design by UTS research team, led by Urtzi Grau and Guillermo Fernández-Abascal

The Hut, 2019. Design by UTS research team, led by Urtzi Grau and Guillermo Fernández-Abascal

“The findings within the Future of Living report represent the adaptability of young Australians and the appreciation they have for the environment and the beautiful resources it can provide”, Allianz Sustainability Advocate Jamie Durie said.

“Taking it back to basics was a clear design message from the report, and one that benefits the environment. It’s not just what we build the house out of, it’s also what we surround the house with. Planting dense foliage around the side of the house, such as Australian native plants, not only looks great but can also stop hot weather from infiltrating the house.

“Using locally-sourced timber when building our homes is another way to make better use of the earth’s limited resources and embrace the environment around us. By thinking how local nature, sunlight and ecosystems can enhance the design of our homes, we can feel good about making conscious decisions that benefit our futures."

Read the full Future of Living report (PDF, 8.7MB) commissioned by Allianz, in partnership with UTS.
University of Technology Sydney is the top-ranked young university in Australia. Known for their innovative teaching, UTS is committed to practical innovation and research that benefits industry and society. This research project was undertaken by the School of Architecture, led by Urtzi Grau and Guillermo Fernández-Abascal with Charles Curtin, Miguel Gilarte, Genki Ueyama and Charles Choi supported by BAC and Aiguasol. They undertook a global and local survey of post-GFC domestic examples, as well as substantial literature review on the current state of domesticity to build the trends-driven insights featured in the Future of Living report. This research was conducted and completed throughout May 2020.
For any media enquiries, journalists can contact our Media team.
Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 4 million policyholders. It also provides support for workers compensation insurance to around 25% of the top 200 ASX companies, making it one of the leading workers compensation insurers in Australia.

The Allianz Group is one of the world’s leading insurers and asset managers with 126 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 802 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.9 trillion euros of third-party assets. Thanks to our systematic integration of ecological, social and governance criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index, launched on 12.11.2021. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group. These assessments are, as always, subject to the disclaimer provided below.

*Including non-consolidated entities with Allianz customers.

This article has been prepared by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL234708 (“Allianz”). In some cases, information has been provided to us by third parties and while that information is believed to be accurate and reliable, its accuracy is not guaranteed in any way.

Any opinions expressed constitute our views at the time of issue and are subject to change. Neither Allianz, nor its employees or directors give any warranty of accuracy or accept responsibility for any loss or liability incurred by you in respect of any error, omission or misrepresentation in this article.
Allianz acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands on which we live and work across Australia. We pay our respect to First Nations Elders past and present.



Any advice here does not take into account your individual objectives, financial situation or needs. Terms, conditions, limits, and exclusions apply. Before making a decision about this insurance, consider the relevant Product Disclosure Statement (PDS)/Policy Wording and Supplementary PDS (if applicable). Where applicable, the PDS/Policy Wording, Supplementary PDS and Target Market Determination (TMD) for this insurance are available on this website. We do not provide any form of advice if you call us to enquire about or purchase a product.

Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 is the insurer of any general insurance products offered, and Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFS Licence No. 296559 is the insurer of any life insurance products offered. Each entity is responsible for any statements and representations made about its products, on this website.