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About the project
We’re building 291 new homes that are modern, well-designed and energy efficient including 151 social and 140 market rental homes with 1, 2 and 3 bedrooms. This is a 19% uplift in social housing at the site.
The redevelopment of the New Street site also includes a new café, community pavilion, gardens, open green spaces and new cycling and pedestrian pathways.
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.
Feedback from the Bayside community has helped shape the design and delivery of this project, and we would like to thank residents for their ongoing support.
Construction will be finished by early 2024 and we will welcome residents into their new homes soon after.
Homes: 291 new homes, comprising 151 social and 140 market rentals, with a range of 1, 2 and 3 bedrooms.
Location: New St, Brighton - Located just 10km from Melbourne’s CBD in the City of Bayside, the New Street, Brighton housing site is ideally positioned near schools, transport, jobs, community services, shopping precincts and Brighton Beach.
Apartment features: New homes are modern and energy efficient, with a 5-star Green Star energy rating, and 7-star NatHERS average rating.
Precinct features: New café, approximately 2000sqm of open space, a community pavilion and community gardens.
Accessibility: At least 5% of social homes will be accessible to people with a disability.
Jobs and skills: Construction across all 3 Prahran, Brighton and Flemington Ground Lease Model projects has created 2,458 local jobs plus training and skills opportunities for people in Victoria.
Getting around: Better pedestrian and bike connections through the site, and to the surrounding neighbourhood.
Frequently Asked Questions
Under a Ground Lease Model Homes Victoria leases land to a project partner to finance, design, build, manage and maintain housing for a 40 year leasing period, enabling all land to remain in public ownership. This means there is no sale of public land.
The Ground Lease Model project at New Street, Brighton is the first of its kind in Australia.
Find out more about the Ground Lease Model here.
Not-for-Profit housing organisation Community Housing Victoria Limited (CHVL) has been appointed by Building Communities to provide on-site management of the New Street, Brighton site over a 40-year term. As well as managing tenancies and carrying out maintenance work, they will help activate the site’s new indoor and outdoor spaces for community-led initiatives and events to provide more opportunities for residents and neighbours to come together.
Previous residents of the New Street housing site will have a right to return to once the redevelopment is complete.
Social housing at the New Street, Brighton site is allocated through the Victorian Housing Register. Find out how to apply for social housing here
Market rental homes will be advertised through standard advertising channels including Realestate.com.au
New Street, Brighton was chosen for redevelopment to respond to demand for secure rental homes in the Bayside area. The new homes at the site replace social homes that were no longer fit for purpose, with an increased supply of social and market rental homes that will meet the needs of the local community for generations to come.
Early works completed
Construction works commenced
Residents move into their new homes