7 hours ago
2
The WA and Commonwealth governments have made another major purchase of a whole housing complex for conversion into public housing.
Housing and Works Minister John Carey announced the state government, using money from the Commonwealth’s Social Housing Accelerator fund, had purchased 38 new apartments in North Coogee, currently under construction by developer PARC for $23.45 million.
Housing Minister John Carey.Credit: Hamish Hastie
The complex includes 12 one-bedroom, 24 two-bedroom, and two studio apartments and is due for completion late next year, when a community housing provider will be appointed to run it.
The average cost of each dwelling under the purchase price is about $620,000.
The purchase comes less than a week after Carey announced the $105 million whole acquisition of the Fraser Suites tower in East Perth, which contains 236 luxury apartments.
Loading
Carey said the purchase resulted from a public call for more social housing in the state last year, with PARC offering its project for consideration.
“Our Call for Submissions process allows industry to work with the state government to deliver more social and affordable housing, including by employing innovative construction methods,” he said.
“This is a great result from private industry and different levels of government working together to increase housing supply, especially for the most vulnerable in our community.”
Federal Fremantle MP Josh Wilson said the new dwellings would mark a new chapter for people seeking an affordable, safe and secure home.
“North Coogee has a lot to offer with access to the beach, easy connection to Fremantle and great new public amenities,” he said.
More to come
Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter.
Most Viewed in Politics
Loading
