Nearly 300 new affordable dwellings valued at $57 million will be built in the South West region of the state, Housing Minister Troy Buswell has revealed today.
The package for the 285 homes includes 15 new homes for singles in Margaret River, scheduled to be available by the end of the year.
The new townhouses were secured after the state government signed an agreement to buy 'off the plan' using $4.731 million from the Nation Building Economic Stimulus Package.
The homes will be built at 15 Station Road, one kilometre from the town centre, by real estate agent Stocker Preston which offered the units to the Department of Housing at a fixed price through expression-of-interest.
Mr Buswell praised the Station Road project as an example of how the Department of Housing's procurement methods were creating social housing more efficiently.
"One of the Social Housing Taskforce recommendations was for greater collaboration between Government and private sector and this acquisition is good example of that," he said.
The 285 homes planned for completion by early January 2011 in the South-West include 76 which are currently under way
"We are using our partnerships with the Commonwealth, our high value housing sales and our shared equity loan schemes to work towards the State's goal of 20,000 additional affordable housing dwellings by 2020," the Minister said.
"Station Road is another example of what we are doing to help people move along the path between homelessness and home ownership."
A total of $550 million will be spent in Western Australia to construct more than 2,000 new homes across stage one and stage two of the Nation Building Economic Stimulus Plan.
The total number of homes commenced throughout Western Australia under the Stimulus Packages is 881 of which 71 have been completed.
