The doorbell is ringing again as institutional property players from near and far increasingly look to dig deeper foundations in Australia’s $9-trillion housing market.

And with the gap between detached and attached housing prices widening to record levels, the welcome mat is well and truly back out in the nation’s apartment sector.

After shying away from large-scale investment in the sector in recent years, the institutional urge to get back in the apartment game is on the rise again, driven by a dwindling pipeline, strong growth in capital flows and the reopening of global borders as Covid vaccination levels increase.