The category is focussed on home ownership and is open to the private, community and government sectors. Applicants will need to ensure that all subsidies from the government are disclosed to allow like-for-like evaluation.
This award aims to recognise and publicly reward the ‘value for money’ in a new or refurbished affordable housing development. Eligible entrants will be developments or refurbishments that have been completed in the previous five years and have been operating for at least one year as at 31 December 2020.
Also, where the development is multi-staged the entrant may nominate a completed stage and will be awarded on the basis of the completed stage only. The entrant may also enter further stages as they are completed in future years but will only be recognised for those nominated stages not previous ones.
The award is open to members of the Property Council of Australia only. Innovation in your responses should be clearly expressed.
2020 Category Winner
Ingenia Lifestyle Chambers Pines (QLD)
Owned and nominated by Ingenia Communities
Ingenia Lifestyle Chambers Pines’ innovative land lease ownership model is a more independent, financially free and flexible home ownership option for downsizers. It has become the main source of affordable housing for over 50s, unlocking hundreds and thousands of dollars in equity while upgrading their lifestyle, social networks and wellbeing.