The Property Council of Australia (SA Division) has made a submission to the South Australian Government's International Student Taskforce. International students are an important part of the State’s social fabric and its future economic prosperity. The Property Council therefore considers it vital that the State does everything possible to make the international student experience a positive one.
In developing this submission, the Property Council has canvassed the opinions of our key members delivering or considering student accommodation as an investment asset class, as well as discussing issues with our Residential Development, Planning and Urban Development and Corporate and Commercial policy committees.
This submission identifies issues and barriers to investment in student accommodation development and suggests solutions to these obstacles. It also outlines some underlying preconditions needed to maintain and enhance Adelaide’s appeal as a study destination. Each recommendation has the aim of delivering more student accommodation product onto the market to meet the demands of the educational institutions and students themselves.