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New affordable housing development to provide 62 homes in Blakeview

The SA Government has launched an affordable housing scheme in Blakeview, offering 62 homes for low-income earners and first-time buyers.

The South Australian Government has announced the launch of an affordable housing project in Blakeview. This initiative aims to address the housing needs of low-income earners and first home buyers in South Australia.

The development is situated on a 3.25-hectare site, previously owned by SA Water and designated for future infrastructure projects. However, the land, located at the corner of Craigmore Road and Bentley Road, has been deemed surplus to requirements. The SA Housing Trust has now secured the land to develop a total of 62 affordable homes.

This initiative is part of the government’s Affordable Housing Initiative program and represents a significant step towards alleviating the housing shortage in the Northern Suburbs of Adelaide.

The civil works on the site commenced recently and are slated to be completed by May 2025. Following the civil works, the construction of homes will begin. The property development includes a proposed natural reserve along Craigmore Road which aims to preserve established trees and natural environments, benefiting both residents and the local community.

Home sales are planned to occur in six stages through the HomeSeeker SA platform. This site lists properties at fixed prices specifically for eligible buyers to aid in accessible home ownership. Eligible home buyers will also have the option to partake in the Shared Equity Option via HomeStart Finance, promoting further financial support.

The upcoming homes in the development are marketed from a starting price of $586,500. They are designed in configurations of two and three bedrooms to cater to the diverse needs of families and individual buyers.

Fairmont Group has been commissioned to undertake the construction of these homes. The group holds a solid track record of completing successful projects for the SA Housing Trust, including those in Everleigh-Munno Para and Sunfields-Davoren Park.

Eligible home buyers will also be able to utilise the State Government’s Shared Equity Option available through government-backed lender HomeStart Finance.

For more information on the affordable housing development at Blakeview, visit https://bentleyrd.com.au/

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