Pre-sale Finance Guarantee Scheme for New Homes
Under construction · New South Wales · Last reported Sep 2025
Source: CityHub
The Minn’s Labour Government’s $1 Million Australia-first scheme finances the construction of 300 new homes in Pyrmont and Westmead. The scheme allows the government to purchase up to 50% of off-the-plan dwellings in approved development projects, providing capital to projects stalled due to low presales or lender risk. It supports 38 of 280 new apartments in a $900 million luxury waterfront proje
- Status
- Under Construction
- Sector
- Government, Residential
- Location
- Sydney, New South Wales, Australia
- Updated
- 22 Jul 2026
- Source
- CityHub
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Minn’s Labour Government’s $1 Million Australia-first scheme finances the construction of 300 new homes in Pyrmont and Westmead. The scheme allows the government to purchase up to 50% of off-the-plan dwellings in approved development projects, providing capital to projects stalled due to low presales or lender risk. It supports 38 of 280 new apartments in a $900 million luxury waterfront project in Pyrmont and nearly half of the apartments in Westmead’s Elodie development, including six affordable homes. |
Original sector | Built Sector |
Budget |
Location
Country | Australia |
State | New South Wales |
City | Sydney |
Source
Source | CityHub |
URL |
More Details
Record type | Project |
Sector | Government, Residential |
Article published date | 2026-04-08 |
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