8 Vertical families 1 in 5 (20%) apartment dwellers are families with children. These Vertical Families have grown by 34% over five years from just 65,000 families in 2011 to over 87,000 today. If this rate continues, by the year 2025 the number of couples with children living in apartments in Sydney will be close to 150,000. They are most likely to be young Gen Ys as nearly two in three (64%) are aged between 23 and 37. Similar to most apartment dwellers, they are most likely to be renting (61%). Vertical families are likely to be employed full-time (51%) and have a total household income between $62,400 and $104,000 per annum (38%). They are much more likely to travel to work via train (58%) or bus (36%) than drive their own car (34%). Those who are not in full-time employment are most likely to spend their time attending to home duties (21%) or being employed on a part-time or casual basis (18%). Vertical families are active. Two thirds prefer to spend their leisure time being active (66%) rather than resting and relaxing (33%). Their choice to live in an apartment is influenced by access to public transport (45%), affordability (43%) and safety and security (35%). For them, the greatest benefits of living in an apartment are the low maintenance required (42%), the price (40%) and knowing that their family are safe and secure (40%). Vertical families are also most likely to be politically left-leaning, with 52% having a preference for the Australian Labor Party. Sydney’s vertical families are most likely to be found in the booming North- West and South-West growth corridors, particularly in areas such as Parramatta, Bankstown and Westmead. 1. Parramatta 2. Bankstown 3. Westmead 4. Liverpool 5. Campsie 6. Chatswood 7. Lakemba 8. Hurstville 9. Dee Why 10. Auburn TOP 10 SUBURBS FOR VERTICAL FAMILIES 20% of apartment households 64% aged 23–37 51% employed full–time 61% renting DEMOGRAPHICS 52% vote Australian Labour Party POLITICAL PREFERENCE Live in Sydney’s North-West and South-West PREFERRED LOCATION