- 450 new house and land packages
- Packages priced between $280,000 and $380,000 in 15 suburbs
- Made available through Project 450 Consortium
A new public-private partnership will provide 450 new affordable home ownership opportunities for low to moderate income earning West Australians through the State Government’s SharedStart scheme.
Housing Minister Troy Buswell said the Government had entered into an agreement with a consortium of builders and land developers, the Project 450 Consortium, to deliver off-the-plan affordable properties across the Perth metropolitan area.
“These new home ownership opportunities substantially boost affordable housing options, providing an excellent entry point to home ownership for low to moderate income earners,” Mr Buswell said.
“This agreement also comes at the right time to stimulate the housing industry during a downturn in new home construction.”
While the majority of the opportunities will be offered under SharedStart - a key initiative under the State’s Affordable Housing Strategy - some will be available for sale directly to the public or be considered for use under the department’s housing programs.
The 450 off-the-plan house and land packages will become available from December, with the majority of dwellings expected to be three or four bedroom family homes. Construction is scheduled to start in January 2012 and be completed by June 2012.
Homes will be priced from $280,000 to $380,000 and available in Bertram, Girrawheen, Balga, Brookdale, Seville Grove, Golden Bay, Banksia Grove, Ellenbrook, Wellard, Wungong, Aveley, Baldivis, Lakelands, Byford and Alkimos.
Minister Buswell said the public response to the SharedStart scheme since its launch in early September had been very positive, and the new opportunities would be a welcome addition to the properties already on offer.
“These new houses will increase the variety of dwellings offered through SharedStart and complement those available through the Expressions of Interest (EOI) Program,” he said.
“The predominately three and four bedroom homes will be appropriate for the needs of Perth families looking for affordable homes.”
The Project 450 Consortium brings a broad range of house designs and involves a number of different builders including: Commodore Homes, WA Housing Centre, Impressions, Perceptions, Ventura Homes, Aussie Living and 6 Seasons.
Fact FileInformation on the SharedStart scheme offered through the Government’s lending provider Keystart can be found
here
Information on the Department of Housing’s affordable house sales can be found
here
Minister's office - 9213 6900