More than 250 affordable new homes will hit have hit the market  by March next year, starting with today’s release of 51 properties to be built at a former Housing SA site in Munno Para.

Providing a range of affordable two and three-bedroom homes, South Australian builder Fairmont Homes has started preliminary construction on site today.

Human Services Minister Nat Cook said like all other states, South Australia faced housing market pressures and responses must include a mix of options.

The Munno Para development is part of the South Australian Government’s commitment to deliver 1000 affordable homes to help reduce housing stress and relive some rental market pressure.

Starting from $235,000 with HomeStart Finance’s Shared Equity loan option, the Munno Para properties are also being released to market today on the HomeSeeker SA website.

By March 2023 more than 250 affordable homes will have been listed on HomeSeeker SA a number of inner and outer suburbs including Blair Athol, Seacombe Gardens, Edwardstown, Woodville Gardens and Morphettville.

New homes will be a mix of single and double storeys; mostly two and three-bedroom homes, with larger four-bedroom homes offered in some locations.

Appointed builder partners, Rivergum Homes, Scott Salisbury Constructions (Bradford Homes) and Metricon Homes and Fairmont Homes have been engaged by the State Government to deliver 1000 affordable homes.

The homes will be built to cater for first home buyers, single parents, downsizing retirees or families looking to upgrade.

Affordable homes are available exclusively to eligible buyers earning less than $130,000 per year as a couple or family ,or $100,000 as a single person.

To check your eligibility and sign up to get alerts about all new affordable housing listings on HomeSeeker SA visit www.homeseekersa.gov.au. For more information about obtaining finance, visit www.homestart.gov.au.

Quotes

Attributable to Nat Cook

Providing safe and affordable housing for our community requires many responses. That’s why we’re investing an extra $177.5 million in public housing, building more affordable homes and expanding low deposit loans through HomeStart.  

These new affordable homes are an opportunity for people who would likely be locked out of buying a home in an extremely competitive housing market.

Buyers eligible to purchase through the HomeSeekerSA program are exclusively offered these homes to purchase, meaning that they don’t have to compete with investors.

I would also urge prospective buyers to go to the website and get their pre-approval in place, so that when they do find a house they like, they are ready to make an offer.

Attributable to Tony Piccolo MP

These new homes will help meet the huge demand for affordable housing in the area.  With rental stock in short supply, this program will help people to enter the home market for the first time.

It wll be of particular benefit for young families get off the rental treadmill and give them some certainty about their housing needs.

The development itself will be a welcome addition to an area that has not attracted a lot of new investment for sometime.

Attributable to Fairmont Group CEO Marc Taintey

Everleigh is a wonderful new master planned community that sits in the heart of Munno Para. Carefully crafted by our design team, Everleigh focuses on delivering homes that the everyday South Australian can afford, while never sacrificing on quality construction and innovative build techniques.

These homes will truly push the limits of what affordable housing can be. Each home will feature solar as standard and individually achieve a 7-star energy rating.

We’re proud to be partnering with the State Government to deliver a well thought out new community, that will add value to the surrounding neighbourhood.

Notes

• Maltarra Road, Munno Para is a 1.9ha former Housing SA site adjacent the Munno Para Primary School, 40 public homes built in 1977.
• Due to excessive soil movement causing some degree of structural damage and significant termite damage, homes were demolished in mid-2018 following tenant relocation.
• 10 new public homes on this site are anticipated to commence constructed during 2023/24 financial year.