WA expands build-to-rent fund to $100M following strong demand
WA has expanded its Build to Rent Kickstart Fund to $100M after strong industry demand. The first project under the scheme is a 98-unit apartment complex in central Mandurah.
$100 million allocated to WA's Build to Rent Kickstart Fund following strong industry demand.
What does WA's $100M Build to Rent fund mean for construction work in Western Australia?
Builders and tradespeople in WA may see increased residential apartment work as the $100M fund drives new multi-unit developments across the state.
Key takeaways
- WA's Build to Rent Kickstart Fund has been expanded to $100M due to high industry demand.
- A 98-unit apartment complex in Mandurah is the fund's first approved development.
- The scheme could generate a pipeline of multi-unit residential projects for WA tradies.
- No named sources or specific timelines were provided in the announcement.
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