Delivering new homes for vulnerable Victorians

The Victorian Government is ensuring vulnerable Victorians have the security and safety of a home, as the first residents move into Big Housing Build homes.

More than 240 homes are ready to be tenanted with some residents already moved in after the first six months of the landmark program, as more than $1 billion is being invested in construction and development before the end of June.

These homes are part of the more than 1,100 houses that have already been purchased or started construction so far – creating 356 direct jobs and 1,246 indirect jobs.

This investment includes six fast-start projects – in Ascot Vale, Ashburton, Flemington, Hawthorn, Richmond and West Heidelberg – where planning or pre-construction work to build more than 1,000 homes and create more than 4,000 jobs is well underway.

A further 480 social and affordable homes are planned for sites at Collingwood and South Yarra, with the two projects expected to generate more than 2,000 new jobs.

In addition, 150 homes are being delivered in Ballarat creating 450 jobs – the first regional project under the program.

The Government’s landmark $5.3 billion Big Housing Build – the largest single investment in social and affordable housing in Australia’s history – is delivering more than 12,000 new homes across Victoria.

This historic investment will boost Victoria’s social housing supply by 10 per cent, while creating 10,000 jobs per year over the next four years.

The Big Housing Build is investing $1.25 billion in regional areas – ensuring the economic and social benefits of the program are felt in communities across the state.

Source: Vic Government