Major construction has begun to deliver 60 new build to rent homes in Bomaderry, providing much needed long term, affordable housing on the South Coast.
Housing is the single largest cost of living pressure facing the people of NSW and this is particularly acute on the South Coast where in Bomaderry and Nowra, almost half of all households are experiencing rental stress.
The Build to Rent project that was first promised at the 2023 election by the then Labor Opposition, will deliver a variety of apartment sizes to suit the needs, lifestyles and budgets of local families, workers and residents looking to rent.
The project at 4 Bienda St, Bomaderry includes 48 homes for long term rental at market value and 12 which will be set aside for households on very low to moderate incomes.
The apartments are conveniently located for future residents, situated close to Bomaderry railway station, with easy access to shops, open space and other amenities.
South Coast based Zauner Construction has been contracted by the government to deliver these homes, creating more local jobs, with keys in doors expected by late next year.
Labor Candidate for Kiama, Katelin McInerney said, “Projects like this that respect our pristine natural environment while providing much needed affordable housing are critical if we want to continue to be able to deliver the new world class services the Minns Labor Government are delivering like new and upgraded schools and hospitals.”
The project has been funded through a $65 million investment by the Minns Labor Government to deliver secure rental housing on the NSW South Coast, so young people, families and key local workers have somewhere to live on the South Coast.
