Bangs Street, Prahran

The Bangs Street housing site was redeveloped to replace older style housing with 434 new homes that are bright, modern and energy efficient.

There are also vibrant new outdoor spaces with a 1500sqm park, gardens and pedestrian and cycling pathways to complement the local area.

The new 1, 2 and 3-bedroom homes are a mix of 228 social and 206 market rental homes, bringing a 90% uplift in social housing to the site.

Back to Prahran precinct

Image of Bangs Street, Prahran building with beautiful landscape, walking pathway and bench to sit

Project timeline

2011 - 2015

Early community engagement

July 2021

Final phase of community engagement

February 2022

New buildings begin construction

Early 2024

Buildings are completed and renters begin to move in

Ground Lease Model

Delivered through a first-of-its kind Ground Lease Model, Homes Victoria is leasing the land to not-for-profit project partner Building Communities to manage and maintain for the next 40 years, enabling all land to remain in public ownership.

Projects like this are helping to tackle housing affordability by delivering more secure rental housing options in the local area.

Welcoming new and relocating renters

The Bangs Street housing development is now complete, and residents are settling into their new homes, including returning renters who lived at the site prior to its redevelopment.

These homes are also providing relocation opportunities for renters living at the soon to be redeveloped tower at nearby 259 Malvern Road, South Yarra.