Affordable housing a winner in South Australia
By Bianca Dabu
01 April 2021
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1 minute read
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South Australians have shown their enthusiasm for cheap property – and a new affordable housing development just 2.5 kilometres from Adelaide’s CBD.
The not-for-profit 34-apartment Nightingale Bowden development is a partnership between the Marshall Liberal government, community housing provider Housing Choices and developer Nightingale Housing.
On its first day on the market, a total of 13 one- and two-bedroom apartments were sold off-the-plan between $312,000 and $400,000 to eligible South Australians. The final apartment was sold within two weeks.
Nightingale undertook a ballot process in selling the apartments, with an oversubscription to the ballot requiring applicants to agree to unconditional contracts.