Housing

Aspen Group aimed to raise $4M – but could have taken $18M

The ASX-listed affordable accommodation provider, which has 10 active projects, announced a Security Purchase Plan (SPP) on Wednesday, 28 May, offering existing investors the opportunity to acquire up to $30,000 in Aspen Group securities without...

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Ian Horswill

16 Jun 2025

Housing News

First modular homes for more than 65,000 on NSW social housing waitlist

The NSW Government, which has a gowing wait list of people needing social housing, 11,161 priority approved and 54,597 general approved. has announced the first factory built modular social homes are nearing completion. Three modular homes are being...

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Ian Horswill

02 Jun 2025

Out of the Ordinary

Will this catch on? Residential homes only for over-45s

In a first, 24 homes are being built for people aged 45 and over. “It’s a new concept. People haven’t really done a downsizer community development like this before. People put age restrictions on properties, but not for the reasons we have...

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Ian Horswill

19 May 2025

Funding

Aspen touts 20% return on invested capital at property investor event

The ASX-listed affordable housing provider has revealed strong performance metrics, highlighting a 20% return on invested capital across its portfolio of more than 1,500 sites in 10 communities. Speaking at Barrenjoey’s Emerging Property Companies...

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Lauren Broomham

12 May 2025

Development

Eureka secures $180M in refinancing deal, acquires new site in QLD

Eureka Group Holdings CEO Simon Owen is delivering on his ambition to make the company Australia’s market leader in both over-50s and all-age rental communities, after successfully refinancing and expanding its debt facilities.

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Lauren Broomham

02 May 2025

Housing News

15 new social homes planned for senior co-housing community in WA’s South West

“Whilst the project does not offer assisted living or nursing facilities, and each member is responsible for themselves, it is common in cohousing communities that if someone is sick, neighbours will help with activities like bringing them meals...

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Lauren Broomham

28 Apr 2025

Funding

Mareeba Community Housing Co granted extension to management of Community Housing for Seniors

The community at the base of Cape York Peninsula in Far North Queensland has more than 300 locals, including seniors, currently vulnerable to homelessness. Mareeba Community Housing Company (MCHC), which was given a three-year extension to its...

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Ian Horswill

31 Mar 2025

Housing

Barossa Village revitalises underutilised land for the Buna/Kokoda housing project in Nuriootpa

Each of the five homes, which replaced two houses on the 2,400msq site in the town of Nuriootpa, the commercial centre of South Australia’s Barossa Valley, has been individually designed. “These are not one-size-fits-all units — they are...

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Ian Horswill

14 Apr 2025

Mergers & Acquisitions

‘Affordable’ Aspen Group adds to portfolio with second WA land buy in six weeks

The ASX-listed affordable housing group announced last Wednesday it has entered a conditional contract to buy a new 18ha accommodation complex in Australind, a town 12km northeast of Bunbury’s CBD. Aspen Group, which serves the 40% of Australian...

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Ian Horswill

07 Apr 2025

Topic - Housing News

Sydney Anglican Property lodging DAs to renew two sites with housing for women over 55 included

Social and affordable housing is much-needed in Sydney’s southwest and two projects delivering almost 260 such homes have been successful under Round 1 of the Albanese Government’s Housing Australia Future Fund (HAFF). However, as the Coalition...

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Ian Horswill

31 Mar 2025

Community Living

Catholic Care in partnership to provide housing for women 55+

The Diocese of Parramatta’s social welfare agency is working with the Older Women’s Network Blue Mountains to address the plight of housing insecurity and homelessness for women aged 55 and over in the region on the outskirts of western Sydney...

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Ian Horswill

24 Mar 2025

Sector Moves & People

Former Ingenia Communities executive Kate Melrose appointed Non Executive Director of community housing provider Evolve Housing

Kate was a lead in the growth of the ASX-listed Ingenia Communities for 10 years, almost solely as Executive & General Manager Project Sales. She spent the final 10 months in a part-time role as Principal Advisor Stakeholder Engagement and...

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Ian Horswill

17 Mar 2025

Government Policy

Vasey RSL Care secures $5.7M for acute housing for veterans

The leading provider of ex-service accommodation, care and support is creating The V Satellite, in Geelong, Victoria, to provide transitional accommodation and support services to veterans in need after securing $4.3 million from the Australian...

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Ian Horswill

17 Mar 2025