The Elephant in the Room
The property podcast for the thinking person.

Episodes

Episode 203: Developers & Builders: Driven By Purpose Not Profit | Shannon Peach, Milieu

While we’re not fans of buying stock built by most developers, we do understand that more housing does need to be constructed.

Most people see builders and developers in quite a negative light, so is it possible for them to be driven by purpose rather than profit? 

Shannon Peach, Director and Head of Development at Milieu, joins us as we explore the possibility of architecture as a tool to effect positive social change. We talk about advocating for densified middle-ring suburbs, what buyers look for most in a property, and heaps more! 

If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!

Episode Highlights:

  1. Is the industry already making a change, or is Milieu doing most of the work? [01:43]

  2. The hope for favourable change in development 10 years down the track [06:04]

  3. Advocating for densified middle-ring suburbs [08:46]

  4. What is the world doing that we can apply to Australian buildings? [17:39]

  5. What Milieu does differently to protect their buyers [23:06]

    • Transparency about who the developers & builders are [25:24] 

  6. What can developers do to stand by their product better? [26:26] 

  7. Preventing mixed-use developments from becoming ‘white elephants’ [30:29]

  8. MIlieu’s target market & expanding their customer base [33:59]

  9. Do one-beds and two-beds make developers more money? [39:57] 

  10. Is there a higher price per m2 for two-bedders vs one or three-bedders? [43:30] - 45:05 

  11. What are buyers asking most for in a property? [46:54]

  12. Resales performance of Milieu apartments compared to others [52:06]

  13. Shannon’s property dumbo [57:09]

Links from the Show:

About Shannon

Shannon Peach joined Michael McCormack and Ross Troon in 2014 to help lead the Milieu development business. With a commitment to continue to learn, influence and educate, Shannon’s business and design approach draws on more than 15 years’ experience working in private and public development, construction and finance organisations across Australia.

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