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New community housing at Centre St

Eight units will be available later in the year as affordable housing

by Susanna Freymark, 06/30/2021, 1 min read

EIGHT units are under construction at 115 Centre St in Casino through Momentum Collective.

Momentum's Mark Edwards said the community housing project should be completed at the end of this year or early next year.

“We want to make this available for people needing affordable housing,” he said.

“The units will be leased as low market rentals.”

One of the units will be a disability accessible property.

Momentum Collective has funded the Centre St project with support from the State Government.

The collective manages other properties in Casino.

Across the region, there is a chronic shortage of affordable housing, Mr Edwards said.

“This is a positive move to support local people and key workers who may not be able to access safe, affordable housing.”

Analysis from UNSW City Futures Research Centre and Everybody’s Home found Australia will need more than a million new social and affordable homes by 2036.

Nearly a third (316,700) of those will be needed in NSW with 99,700 of those outside Greater Sydney – including in the Northern Rivers.

Of 124,389 private dwellings in the 2016 Census in the Northern Rivers, 11.1% (13,885) were unoccupied – compared to 9.9% for the state.

Highest rates of unoccupied dwellings were in the LGAs of Byron Bay (15.3%), Clarence Valley (13.6%) and Kyogle (14.7%).

Housing costs

Housing stress is high in the Northern Rivers.

Among people on the lowest 40% of household incomes, 13.2% were paying more than 30% of their gross weekly income on housing costs (16,179 households) – compared to 11.7% for the state.

Housing stress is very high among renter households in Northern Rivers at 38.8% – compared to 28.4% for the state.