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Editions
August 09 Edition Cover

Progress on NewQuay affordable rentals

26 Oct 2010

The Victorian Housing Minister Richard Wynne and the Member for Melbourne Bronwyn Pike, visited the Mariner, NewQuay, on October 8 to inspect the construction progress on 85 affordable rental homes.

The Victorian Government has invested $31 million in the houses for lower and medium income-earners in Docklands.

Mr Wynne said safe, comfortable, well-located and affordable homes were essential to creating a sense of place and community, and were important in providing stability.

“The Mariner, NewQuay, will ultimately provide 113 apartments over nine levels, 85 of which will be a mix of one and two-bedroom affordable rental apartments,” Mr Wynne said.

Ms Pike said the development would give tenants a home in one of Melbourne’s prime real estate areas.

The Mariner, NewQuay, is a partnership between the Commonwealth and Victorian Governments, and the registered housing association Housing Choices Australia, which will manage the apartments.

HCA contributed $8.4 million, with the remainder funded by the state and federal governments.

“HCA is committed to providing a range of accommodation to people not served well by private housing markets – whether they are people with disabilities or working families priced out of locations which provide employment,” HCA chief executive Michael Lennon said.

Construction work on The Mariner, NewQuay development started in April and is expected to be completed in April next year.

Mr Wynne said the development was part of the $1.26 billion Nation Building program, which is bringing more than 4500 new affordable rental homes to Victoria.

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Comments

  • Julianna at 11:11pm on 29/12/11

    We all need to live somewhere. However we must RECOGNISE this is prime real estate & ALL MUST LOOK AFTER our everyday environment.I have seen how residents In Pt Melb public housing DISREPECT everyone/thing around them.

    Affordable Housing should be for middle income earners too. Our rental returns would be greater as we have a derivable income & not flogging the social welfare system.

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