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Applications now open for new affordable rental homes in Heidelberg West

Homes Victoria is delivering more affordable rental homes for eligible Victorians and helping to close the gap in housing affordability.

A mix of brand new 1,2 and 3-bedroom affordable homes are now available at the Tarakan St Big Housing Build site in Heidelberg West, ideally positioned close to shops, transport and workplaces.

All homes are modern, energy efficient and offer a three-year lease set at below market rent. 

All Homes Victoria affordable homes start affordable and stay affordable, which means:

  • Rents will never be more than market rent with the added protection of a cap set at 30 per cent of a median income. 
  • A 3-year lease, with the ability for eligible renters to extend their lease for a further 3 years. 
  • Rent will be increased annually, but no more than 5 per cent.
  • All eligible applicants have an equal chance of being offered an affordable home through our ballot process.

View listing and check your eligibility to apply now: https://www.homes.vic.gov.au/homes-victoria-affordable

What is Homes Victoria affordable?

Homes Victoria is delivering 2,400 affordable rental homes in response to the growing gap in housing affordability as part of the landmark $5.3 billion Big Housing Build

We are creating a unique alternative to the private rental market to help low to moderate income Victorian renters get access to high quality and secure housing at an affordable rent.

Affordable properties have already been delivered in Kensington, Ashburton, Ascot Vale, Blackburn and Cheltenham with a further 103 affordable homes in Hawthorn coming soon

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