Renters are settling in and getting to know their neighbours at the recently completed Bangs Street housing redevelopment.
M-R was one of the first people to move into the revamped Prahran housing site, where we recently delivered 434 new social and market rental homes.
She moved in with her cat Boodi back in February and tells us their favorite features of their new home are the quality, space and view from the balcony.
“This place is amazing, absolutely amazing in terms of its build quality,” M said.
“I love my European laundry, I love my kitchen and basically it’s given me lots of space.”
A published author and avid knitter, M said she has already made friends with some of her neighbours and is looking forward to getting to know the rest.
This is M-R’s first time in social housing, as she had initially been looking to apply for one of the market rental homes at Bangs Street which is an integrated housing development.
Throughout the application process, the team at Community Housing Limited who are managing tenancies at the site, noticed she was on the Victorian Housing Register and met the criteria for housing support.
“This is the first time I’ve ever known a group of corporations and government departments could all come together with such success,” M said.
When asked what a home means to her, M-R said:
“It’s a place that you look forward to coming back to.”
About Bangs Street, Prahran
The Bangs Street housing development is now complete, providing high quality social and market rental homes for the Prahran community.
The builder ICON finished construction in early 2024 and residents have begun settling into their new homes, including residents who lived at Bangs Street prior to its redevelopment.
Homes Victoria owns the land at Bangs Street, Prahran, but the site will be managed for the next 40-years by community housing provider, Community Housing Limited (CHL).
CHL has an office at the site and will deliver tenancy management services, community building programs, on-site maintenance and more. This will ensure Bangs Street residents feel part of a strong, connected community for many years to come.
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 1500 sqm park, gardens and pedestrian and cycling pathways to complement the local area.
The new one, 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.
Learn more about Bangs Street, Prahran
About the Ground Lease Model
Bangs Street, Prahran was 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.
This means there is no sale of public land and all land remains in public ownership.
Learn more about out Ground Lease Model projects