The state government has struck an agreement with a consortium of builders and land developers to deliver 450 affordable homes across Perth.
The Project 450 Consortium includes: Commodore Homes, WA Housing Centre, Impressions, Perceptions, Ventura Homes, Aussie Living and 6 Seasons.
Housing Minister Troy Buswell said the consortium would deliver off-the-plan affordable properties in 15 suburbs across 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.
Homes will be priced from $280,000 to $380,000.
Mr 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.