About the project
The Bangs Street housing site was redeveloped to replace older style housing with 434 new homes that are bright, modern and energy efficient.
There are also vibrant new outdoor spaces with a 1500sqm park, gardens and pedestrian and cycling pathways to complement the local area.
The new 1, 2 and 3-bedroom homes are a mix of 228 social and 206 market rental homes, bringing a 90% uplift in social housing to the site.
Delivered through a first-of-its kind Ground Lease Model, Homes Victoria is leasing the land to not-for-profit project partner Building Communities to manage and maintain for the next 40 years, enabling all land to remain in public ownership.
Projects like this are helping to tackle housing affordability by delivering more secure rental housing options in the local area.
Welcoming new and relocating renters
The Bangs Street housing development is now complete, and residents are settling into their new homes, including returning renters who lived at the site prior to its redevelopment.
These homes are also providing relocation opportunities for renters living at the soon to be redeveloped tower at nearby 259 Malvern Road, South Yarra.
About the high-rise redevelopment and relocation process
Victoria’s Big Housing Build is taking its next big step and retiring and redeveloping 44 older social housing High-rise sites in Melbourne to give renters access to better homes and unlock the delivery of thousands more homes for Victorians where they’re needed.
Homes Victoria's High-rise redevelopment is a large urban renewal initiative which will replace 44 ageing social housing towers across Melbourne with modern, accessible, and energy-efficient homes.
As part of this redevelopment, current renters will have dedicated support to relocate from their home and remain close by. Renters may also elect to move to a different neighbourhood in Victoria.
Renters will be given the opportunity to return to their new neighbourhood following redevelopment based on their ongoing eligibility, needs and suitability of new homes. Renters can also choose to stay in their new home if that suits them better, at the time. Current renters have dedicated support to relocate from their home and remain close by or choose a different neighbourhood in Victoria. When the new social housing is completed, relocated renters will have a right of return to the neighbourhood based on their ongoing eligibility and needs or they may choose to stay in their relocated homes if that suits them at the time.
These new homes at Bangs Street, Prahran are available for relocating renters to inspect. If you would like a guided tour to learn more about their features and their suitability email relocationsteam@homes.vic.gov.au or phone 1800 716 866.
Fast facts
The Bangs Street, Prahran redevelopment has delivered 434 new homes comprising 228 social and 206 market rental homes, including 1, 2, and 3 bedrooms.
Located just 5km from Melbourne’s CBD in the City of Stonnington, the Bangs Street, Prahran housing site is ideally positioned near schools, transport, jobs, community services, shopping precincts and local destinations including Prahran Aquatic Centre and Chapel Street.
All new homes are more comfortable and less expensive to heat and cool with a 5-star Green Star energy rating, and 7-star NatHERS average rating.
The redevelopment includes safe and publicly accessible open and green spaces, including an upgraded 1,500sqm park, between Bangs Street and Bendigo Street.
New homes at Bangs Street include housing that is designed to be accessible to people with a disability.
Bangs Street now has better pedestrian connections through the site and to the surrounding neighbourhood.
Contact us
Email icon:For general enquiries about this project please contact the team at Community Housing Limited (CHL) on 1300 245 468 or email prahran@chl.org.au