Housing initiative to relieve pressure off South Hedland housing sector
The Western Australian government has announced a multimillion-dollar initiative to address severe ...
The Western Australian government has announced a multimillion-dollar initiative to address severe housing shortages in the Hedland region – delivering more accommodation options in the area.
State housing minister Terry Redman said civil works were underway on the first stage of the Department of Housing's South Hedland New Living Urban Renewal project, producing 111 lots for the development of residential real estate.
Planning is also underway to deliver an additional 255 lots, providing more rental property options in the tightly locked real estate market of South Hedland.
Living in remote areas can come with its own set of challenges, let alone having to worry about finding suitable and affordable accommodation.
Therefore, government initiatives such as this are likely to be welcomed by South Hedland residents, with the scheme also offering home ownership opportunities.
"In total, this project will produce 366 lots for housing within the urban zoned portion of the 165 ha Osprey site. Additional lots are also planned for the rural portion of the site, which is currently subject to rezoning," Mr Redman explained.
"The Osprey subdivision will deliver a number of affordable housing outcomes, including public rental housing, land and home purchase opportunities."
The initiative will also comprise the development of a Key Workers Village, providing rental accommodation for almost 300 low to moderate income workers in the region.