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{{propApi.successMessage}} {{region}} Change locationDoubling down on social and affordable housing
Doubling down on social and affordable housing
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- Social Housing
- Keystart
- Shared Equity
After a period of under investment, the current State Government should be acknowledged for the construction of 900+ dwellings in 2023/24.
The systems and processes are now established and as per HIA recommendations, 1000 dwellings per annum should be the benchmark for the next Government to deliver.
As WA suffers from a severe imbalance in supply vs demand, the gap between social housing and the private market has become too great. Even for those renting in the current private market the ability to save a deposit to even think about home ownership can take five or more years.
The next State Government can play a role in bridging this gap through the support of Keystart who have helped more than 120,000 customers over the last 30 years.
Shared equity schemes, low deposit loans and consumer education before, during and after a consumer embarks on home ownership are all products and resources that Keystart has developed and offers to the current market.
The next State Government must double down on their commitment to making home ownership within reach of more people.
Policy initiatives
Social HousingMinimum 1000 social homes per annum constructed by Communities and Development WA as well as programs that revitalize existing housing stock.
KeystartRemove the 7% tax on Foreign Buyers -> increased rental stock likely in high density areas.
Shared EquityIncreased investment in shared equity to aid the transition out of social housing and into the private market.