As a nation, we are facing unprecedented societal and economic challenges, amplified by the COVID-19 pandemic. The potential likelihood of historically significant levels of unemployment and low wage growth across all sectors, coupled with an overwhelming deficit, has spurred uncertainty across the property market.
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Strengthening our position as innovators in mixed-income housing, we have formed a Board of Directors, with Angela Emslie appointed as Independent Chairperson. Five prominent Australian business leaders with diverse experience spanning property, superannuation, responsible investment, banking, finance, aged care and not-for-profits have been appointed.
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Australia’s largest superannuation fund has taken a 25 per cent share in the company and will have the opportunity to invest in Assemble Communities’ pipeline of projects. This investment will enable us to grow our innovative ‘rent with the option to buy’ property portfolio, known as the Assemble Model, which addresses housing affordability and access to homeownership. Over time, the investment will support us to deliver build to rent assets.
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We are deeply invested in making home ownership financially accessible and supporting our residents wherever possible. For the launch of our new project 15 Thompson St, residents will only need to pay one month’s bond instead of a three-month bond. Providing them with more stability and flexibility.
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Our financial coach, Sarah Matzouranis was asked “What is financial well-being?” by Steph and Laura on the Keep it Cleaner podcast!
Have a listen to what Sarah has to say about changing your mindset, behaviours and setting goals when it comes to money! You’ll also hear a few of Sarah’s tips and tricks for saving and spending (also available on Apple).
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Our financial coach, Sarah Matzouranis, sat down with Frankie a few weeks ago and gave a sneak peek into some tips & strategies that she’ll be using with our residents to help them realise their home ownership goals.
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We recently collaborated with Luke Ryan from Smith Journal for a piece on 5 alternative housing models across the globe, including co-operative housing in Europe, German zelfbuow or Baugruppe models and the local Murundaka Cohousing Community in Melbourne’s northeast.
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Our managing director, Kris Daff, recently shared some insights into the Assemble Model, including how it differentiates from ‘rent-to-buy’ schemes, with Poppy Johnston from The Fifth Estate.
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“Our design team is very focused on designing for a ‘full life’ on a small footprint in an apartment that’s affordable.” – Kris Daff, Managing Director of Assemble.
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“Huge interest in apartment complex that allows you to try before you buy.” Rachel Clayton and Mark Smith for the Moonee Valley Leader.
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“Thousands of people have joined the waiting list for a unique apartment complex in Melbourne’s north where people rent first and buy later. It’s so popular, a second project has been launched — here’s how you sign up.” Rachel Clayton and Mark Smith.
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Kris Daff, Managing Director of Assemble, spoke with Mike Davis from the Humans of Purpose podcast last week about the Assemble Model. Humans of Purpose focuses on people and organisations creating a positive social impact through their work. Have a listen on your morning commute!
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