09/09/2026
Stuff we've heard, down in the Housing Association trenches:
CHL are wanting 30% of income for townhouses at the Bluff rd public housing redevelopment when all these former public estates are supposed to keep their public housing rent settings, including for renters coming from the private sector.
CORRECTION TO ABOVE: The only renters eligible for rents set at 25% of rent will be public housing residents DIRECTLY RELOCATING from one of the redeveloped estates, all others moving into the Ground Lease 2 sites (Prahran, Barak Beacon, Bluff rd) will have their rents set at 30%. So for example, if you moved into a redeveloped estate such as the new places at Flemington or New st Brighton and you now want to move to Barak Beacon or Bluff rd, you won't be eligible for 25%, you'll have to fork out 30%. Homes Vic is allowing CHL to call the shots. This is the thin edge of the wedge and soon we'll all be paying 30%. 😡
The people we know have highly valid reasons for wanting to move.
Housing First has sold the Oasis community housing (25 units) but won't disclose who the buyers are. The politicians aren't happy apparently about the secrecy.
Google's saying:
"The financial layout of the sale centers on a total bulk sale price of $9,505,000 for the 25 apartments. [1] (https://rahu.org.au/housingfirst-sells-out-oasis-estate-tenants-for-9-5-million
Property Breakdown & Valuations
The transaction was structured as an "in-one-line" bulk purchase, meaning a private buyer or investor bought all the units together in a single package deal.
Average Unit Value: Dividing the $9.505 million total across the 25 apartments equates to an average price of $380,200 per unit. This sits slightly below standard St Kilda market entry rates due to the discount applied for a bulk commercial purchase.Unit Inventory Sold:15 one-bedroom apartments
9 two-bedroom apartments
1 three-bedroom apartment"
Imagine that, $320 thousand for a two bedroom unit in St Kilda.
And the CBRE listing/sale info has vanished. Google reckons this could be the reason:
"Delisting Due to Community Sensitivity
This specific sale by the housing provider HousingFirst drew widespread media attention and local public pushback because it involved moving existing social housing blocks into the private market. In high-profile or sensitive cases, agencies often move the final settlement steps entirely offline and take down public-facing marketing materials as soon as the deal is legally finalized"