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Affordable housing in key growth areas

Southeast QLD

The Tetris-led Consortium – Everyone’s Place – will seek to deliver 483 affordable dwellings across four key growth suburbs in Southeast Queensland.

 

​The developments across four suburbs will be supported by funding through the Queensland Government’s Housing Investment Fund, and lending from ANZ.

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All homes in this development are 100% affordable, with rents capped at 75% of market rates, ensuring access to quality, spacious housing for those most in need across Burpengary East, Jimboomba, Logan Reserve, and Joyner.

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The spacious, low maintenance 1-, 2-, and 3-bedroom homes will each include private backyards and garages to meet the needs of families and individuals seeking suburban lifestyles. 

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A significant portion of the homes feature dual-key configurations, allowing for flexible living arrangements that accommodate larger families or multigenerational households under one roof. The homes will be built across 291 lots, offering a variety of housing options primarily for young families as well as key workers (such as teachers and essential service workers) and seniors.

 

The homes will be located close to established services such as education, childcare, health centres, shopping villages, social services and public transport.

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Construction will be completed in stages, with works commencing in October 2024. First tenants are expected to be welcomed in mid-2025 with the final home anticipated to be complete by mid-2027.

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LOCATION

Logan Reserve

Jimboomba

Joyner

Burpengary East

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CLIENT

QLD State Government

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OUR ROLE

Development Lead

Financial Advisor

SPV / Asset Manager             

Investor

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BUILDER

EveryOne Homes (division of Metricon)

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LAND DEVELOPER

KDL Property Group â€‹

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​​SERVICES CONTRACTOR

National Affordable Housing (NAH)

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FINANCIAL CLOSE

October 2024

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COMPLETION DATE

First home ready for tenants mid-2025

Final home complete mid-2027

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CONTRACT TYPE

Development agreement, leading to a design, build, finance, operate and maintain arrangement.

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