WHAT WE DO

Affordable Housing

The Nova Castle Social ImpactFund develops affordable housing primarily in Melbourne to address the current housing crisis being experienced by many Australians. Apartments, townhouses, and stand-alone houses will be built to rent or sold and, are located near commercial hubs, education and medical centres and consist of other amenities.

Developments are focused on the modernisation of existing residential buildings built in the 1960s and 1970s. These older buildings are updated using sustainable building materials, technologies, and practices to reduce the impact on the environment and future-proof each building (as much as realistically possible).   

Nova Castle’s strategy includes donating a portion of profits to registered Australian charities that assist vulnerable Australians in mental health (children, teens, adults & veterans), children from low-income households and children with end-of-life hopes & wishes.