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Boomers head for tee-change
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19/11/2004

Boomers head for tee-change

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Boomers head for tee-change



Melbourne - 19 November 2004 - The town planning community must increasingly accept and plan for different communities with different values. And sometimes these values will not always align with what is "officially preferred" at the metropolitan planning level, argues Bernard Salt one of Australia's leading futurists.


Bernard Salt at Sandhurst Club

Speaking at a briefing at Sandhurst Club golfing residential project, author of The Big Shift, Mr Salt says, ageing baby boomers will organise their lives around their interests and their stage in the life cycle.

As young adults they populated the burbs; now as seachanging lifestylers they are either off to the coast for a seachange, or off to the hills for a tree-change or, for some, off on a tee-change within the city to a golf course residential estate.

These estates concentrate large tracts of urban land to a selected community. This is great for investors in a limited property market where the very concept of new supply is constrained by planning principles designed to encourage urban consolidation.

Many city-based baby boomers who have the financial capacity will increasingly want to live in urban areas where there is plenty of space, a maintained environment, a range of passive sporting and leisure activities, and some form of formal security.

There is a compelling logic behind golf course residential estates from a market viewpoint. Here is an opportunity for aging boomers to remain in the city, to maintain social and work linkages, to downsize out of that rambling suburban dwelling, and to achieve what many are now calling a portfolio lifestyle: leisure, work, family and social interests all blended within a locale that could not be as easily achieved from a remote beach or hill cabin.

And as the current planning regime tightens around the political correctness of urban consolidation, and relentless water restrictions, where do you think a green recycled-water fed and manicured residential environment will be positioned within the hearts and minds of the average Melburnian in 20 years time?

Golf course residential estates within commuting distance of capital city workplaces, offering lifestyle- and-the-city, can only be more highly prized in the future as complementary and even competitive offerings are relegated to edges of civilization - the peninsulas.

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