Bunnings Launches Affordable Flatpack Pod Homes Starting at $26,000
Bunnings Warehouse is making waves in the housing sector by introducing affordable flatpack pod homes. This initiative seems poised to tackle Australia’s growing housing affordability crisis. Bunnings has teamed up with the innovative start-up, Elsewhere Pods, to offer these budget-friendly options, starting at just $26,100.
Compact Pod Homes for Every Purpose
These compact, modular pods are designed for various uses. They can serve as:
- Crisis accommodation
- Home offices
- Teenage retreats
Bunnings provides two models of these pod homes. The smaller model measures 2.7m x 2.4m and is priced at $26,100. The larger option, a spacious 4m x 2.4m studio, is available for $42,900.
Quick Assembly and DIY-Friendly Design
One of the significant advantages of these pod homes is their assembly time. Bunnings claims that units can be set up in as little as two days. This provides a practical solution for those looking to quickly establish additional living or working spaces.
Rising Demand for Modular Housing
Since launching its partnership with Elsewhere Pods, Bunnings has tapped into a growing market. Elsewhere Pods has reported over $9 million in sales thus far. Founder Matt Decarne emphasizes that these pods are ideal for DIY enthusiasts seeking affordable housing solutions.
Regulatory Considerations
Buyers should note that the pod designs may not require traditional planning or building approvals. However, regulations differ by council and state, so potential buyers are advised to check local requirements.
A Shift Towards Prefabricated Housing
Bunnings is entering a broader trend towards prefabricated and kit-built housing. Financial institutions, such as the Commonwealth Bank, are beginning to embrace these builders. The market for modular flatpack constructions is expected to grow by about 7% annually, reaching an estimated value of $18 billion by 2030.
Real-World Examples
Many Australians are embracing this new way of living. For instance, a couple in Sydney is building a three-bedroom kit home on Russell Island, aiming to complete the project for approximately $150,000. In Melbourne, a mother is constructing a turnkey granny flat for around $250,000 to help her son enter the housing market.
Conclusion
Bunnings Warehouse’s introduction of affordable flatpack pod homes represents a significant milestone in Australian housing. With innovative designs and quick assembly times, these pods offer an attractive solution for many facing housing challenges.