Chermside Affordable Housing Development Moves Forward

Affordable housing
Photo credit: Queensland Government

Demolition is set to begin on Rode Rd near the Prince Charles Hospital, where 92 units of affordable housing will soon be built in Chermside. Construction is expected to begin later this year, with an expected 2025 completion.

Read: New Affordable Homes for Vulnerable and Low-Income Households Planned for Chermside

The new development, funded through the $2 billion Housing Investment Fund, will include 46 new social housing units and 46 affordable units, providing much-needed housing for low-income earners and vulnerable community members.

The project is a partnership between Brisbane Housing Company (BHC) and Queensland Investment Corporation (QIC).

MP Jimmy Sullivan, Minister for Housing Meaghan Scanlon, and BHC CEO Rebecca Oelkers at the site (Photo credit: Meaghan Scanlon MP/Facebook)

This is the fourth joint project between BHC and QIC under the state’s Housing Investment Fund (HIF), including another 34 units currently under construction in Chermside. A proposed 81-unit development in Woolloongabba also has an approved Ministerial Infrastructure Designation through the Housing Investment Fund.

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To date, over $479 million in funding has been approved under the HIF, with another 71 project proposals shortlisted for the next stage of assessment. Since its inception, the HIF has supported over 1,600 new social and affordable homes.

Minister for Housing Meaghan Scanlon said the new units will provide housing options for at-risk groups like women fleeing domestic violence, seniors, people with disabilities, and Indigenous families. She said all units will be built with accessibility in mind, to silver or gold standards.

The development was welcomed by local MP Jimmy Sullivan, who said it will house people from the social housing register and lower-income workers employed nearby.

BHC CEO Rebecca Oelkers said the new units are a “crucial addition” to meet affordable housing needs. She commended the state government’s commitment to funding such projects across greater Brisbane.

Read: Chermside Transformation: A Vision for the Future

The units contribute to the government’s goal of 5,600 new social and affordable homes to be constructed or under contract by mid-2027 under the HIF.

Published 25-September-2023