Australia doesn't have a housing crisis, it has an innovation crisis

The concept itself is remarkably straightforward.

Rather than pursuing traditional large-scale suburban developments with increasingly expensive homes on oversized blocks, we create carefully planned micro suburbs comprising architecturally designed, smart-sized homes within attractive, well-maintained communities.

These communities provide high-quality infrastructure, landscaped surrounds, modern amenities and efficient design that focuses on liveability rather than unnecessary size.

Importantly, because infrastructure is already established and construction methods are highly efficient, homes can be delivered much faster and at substantially lower cost than traditional housing estates.

In many cases, buyers can secure a brand-new two-bedroom home with an interest in the land for around $380,000. For countless Australians who have been locked out of the traditional housing market, that represents an opportunity they believed no longer existed.

Our communities are not designed as compromises, they are designed as smarter housing solutions.

Many retirees are seeking to downsize without sacrificing lifestyle. Young first-home buyers simply want an affordable path into ownership and others are looking for secure holiday homes or lower-maintenance living.

These Australians are not demanding larger homes or grander designs. They are asking for something far more fundamental: the opportunity to own a quality home without taking on crushing levels of debt.

This is where much of Australia's housing debate has lost its way.

For too long, policymakers have assumed that bigger developments and larger homes automatically represent better outcomes. In reality, affordability, functionality, security and community matter far more than square metres.

Micro suburbs also create benefits that extend well beyond the people who purchase them.

One of Australia's greatest untapped housing opportunities lies with older Australians who remain in large family homes because there are very few attractive alternatives available.