Brand New 3-Bedroom in Kalkallo

104 Railway Parade,

Kalkallo,

VIC

3064,

Australia

A brand-new 3-bedroom home with rent you can actually plan around
Be the first to live in this thoughtfully designed 3-bedroom, 2-bathroom home with 2 car spaces, located in the Cloverton in Kalkallo, VIC.
This is more than just a new home. It offers a more stable and straightforward way to rent.

A more accessible way to rent
This home is part of an affordability initiative, with rent set at least 25% below market rates. It is designed to help eligible households secure a quality home without the usual financial pressure.
That is a saving of over $6,552 per year! Money that can go towards the things that matter most.

Designed for everyday living
Enjoy a modern home in a growing, well-connected community built for families and long-term living.
· Spacious 3-bedroom layout
· 2 bathrooms and secure parking for 2 car spaces
· Brand-new build with quality finishes
· Located within the Cloverton master-planned community

Connected, convenient location
Kalkallo is one of Melbourne’s fastest-growing suburbs, offering a balance of green space, convenience, and connectivity.
· Transport: Donnybrook Station nearby and easy access to the Hume Freeway
· Schools: Gilgai Plains Primary School and Hume Anglican Grammar, with more planned for the area
· Shopping: Kalkallo Town Centre with Woolworths, cafes and everyday essentials
· Outdoors: Parks, walking and cycling trails, and conservation space along Merri Creek

Eligibility requirements
To ensure these homes are offered to those who need them most, eligibility criteria apply.
At the time of application and throughout your tenancy, you must:
· All adults on the lease must be 18 years or older
· Be an Australian citizen or permanent resident
· Use the property as your principal place of residence
· Not own or have an interest in residential property in Australia
· Meet household size requirements for a 3-bedroom home
· Have a gross household income below $153,966 per year
· Meet the minimum income requirement of approximately $68,293 per year

Lease and ongoing requirements
· Fixed-term lease with a minimum of 12 months, with options up to 5 years subject to eligibility
· Eligibility and rent are reviewed annually
· Changes in income or household composition must be disclosed and may affect rent
· Subletting is not permitted

Important information
A bond and one month’s rent in advance is required prior to move-in. Applicants must provide proof of income, identification, and pass standard tenancy checks.

A better renting experience
If you are looking for a home that offers quality, stability, and a more straightforward path to long-term renting, this could be the right fit.

What this place offers

  • Airconditioning
  • Ensuite
  • Secure Parking
  • Courtyard
  • Split System Air Heating
  • Split System Air Conditioning
  • Built in Robes
  • Dishwasher
  • Pet Friendly

Availability from 2 May 2026

$394 / week
2 May 2026

Rentals that feel like home

Finding long-term, affordable housing is a significant challenge for many Australians. Essence Homes exists to change that. Our platform is purpose-built to bridge the gap between housing demand and the critical need for affordability.

Priced for real life

Rents set below market rate. Predictable increases. No hidden costs.

More living, less moving

Long leases, transparent eligibility and renewal criteria.

Honest from the start

Clear, honest information about pricing, eligibility and the application process.

Close to what matters

Located where everyday life actually happens.

More properties

Essence Homes listings are available to households that meet income eligibility criteria. To get started, we’ll check your household size and gross income against the program limits.

508/132 Kavanagh Street,
Southbank,
VIC
3006

Southbank Apartment, Melbourne

$536 / week

Available from 30 March 2026
Live close to where your career is taking you – without compromising on design, comfort or lifestyle. This one-bedroom apartment is available at a 25-30% discount to market rate for eligible applicants.

$536 per week

Take the first step
To check is you are eligible for a rental discount enquire today. Our team is here to guide you through the process. Enquire now.

Apartment features:
Bright, open living spaces with floor-to-ceiling windows.
Modern kitchens with induction cooktops and full-sized ovens.
Ducted air conditioning throughout.
Private balconies in many apartments.
Kitchen comes equipped with full-sized oven and cooktop.
White goods included (fridge, dishwasher, washing machine, and clothes dryer).

Community Perks:
Private kitchen and several private dining and entertainment rooms*.
Outdoor landscaped gardens with barbecues and rooftop terraces*.
Heated outdoor pool, sauna and games room.
Fully equipped gym and co-working spaces.
Pet-friendly apartments

*Disclaimer:
Weekly rental rates and eligibility criteria are subject to change based on Affordability Scheme legislation and household composition. Pets are subject to approval. Exclusive use of dining and entertainment rooms is subject to availability and approval. Additional terms and conditions, and fees and charges may apply.

View Listing

507/132 Kavanagh Street,
Southbank,
VIC
3006

Southbank Apartment, Melbourne

$536 / week

Available from 30 March 2026
This one bedroom apartment is available at a discount to market rates for eligible applicants making it easier to live where your career is taking you – without compromising on design, comfort or lifestyle.

$536 per week

Southbank apartments applies the following eligibility criteria:
– You (or the primary applicant) are at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status.
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
- The required two (2) Income Thresholds listed below are met.

1. Maximum Household Taxable Income
We need to assess your Maximum Household Taxable Income in accordance with the Income Tax Assessment (Build to Rent Developments) Determination 2024. Your household taxable income is based on the most recent Notice of Assessment(s) from the Australian Taxation Office. In order to meet this criteria, your taxable income for the household mix cannot be higher than that outlined below.

Household composition:
– One (1) adult = AUD $127,988 p.a.
– Two (2) adults = AUD $138,654 p.a.
– One (1) or two (2) adults + child(ren) = AUD $149,320 p.a.

2. Household Income Limit
We also need to assess your Household Income, which is a little different to your Household Taxable Income. Household Income Limit is calculated by annualising your last three pay slips to estimate your gross annual income, in addition to adding any other funds you may have received throughout the year (for example, child support payments, Centrelink assistance or dividend payments).

Household composition:
– One (1) adult = AUD $74,080 p.a.
– Two (2) adults = AUD $111,110 p.a.
– One (1) or two (2) adults + child(ren) = AUD $155,550 p.a.

Take the first step
To check if you are eligible for a rental discount enquire today. Our team is here to guide you through the process. Enquire now.

Apartment features:
Bright, open living spaces with floor-to-ceiling windows.
Modern kitchens with an induction cooktop and a full-sized oven.
Ducted air conditioning throughout.
Private balconies in many apartments.
White goods are included (fridge, dishwasher, washing machine and clothes dryer).

Community perks*:
Private kitchen and private dining and entertainment rooms.
Outdoor terrace with landscaped gardens and barbecues.
Heated outdoor pool, sauna and games room.
Fully-equipped gym and co-working spaces.
Pet-friendly apartments

*Disclaimer:
Weekly rental rates and eligibility criteria are subject to change based on Affordability Scheme legislation and household composition. Pets are subject to approval. Exclusive use of dining and entertainment rooms is subject to availability and approval, additional terms and conditions, and fees and charges may apply. Bike storage is available on a limited, first-in basis. EV charging is available on a limited, first-in basis, additional terms and conditions and fees may apply. Car park spaces are subject to availability, additional terms and conditions and fees apply.

View Listing

3001/132 Kavanagh Street,
Southbank,
VIC
3006

Southbank Apartment, Melbourne

$498 / week

Available from 30 March 2026
This studio apartment is available at a 25-30% discount to market rates for eligible applicants making it easier to live where your career is taking you — without compromising on design, comfort or lifestyle.

$498 per week

Take the first step
To check if you are eligible for a rental discount enquire today. Our team is here to guide you through the process. Enquire now.

Apartment features:
Bright, open living spaces with floor-to-ceiling windows.
Modern kitchens with induction cooktops and full-sized ovens.
Ducted air conditioning throughout.
Private balconies in many apartments.
Kitchen comes equipped with full-sized oven and cooktop.
White goods included (fridge, dishwasher, washing machine, and clothes dryer).

Community perks*:
Private kitchen and private dining and entertainment rooms.
Outdoor terrace with landscaped gardens and barbecues.
Heated outdoor pool, sauna and games room.
Fully-equipped gym, bike storage and co-working spaces.
Pet-friendly apartments

*Disclaimer:
Weekly rental rates and eligibility criteria are subject to change based on the Affordability Scheme legislation and household composition. Pets are subject to approval. Exclusive use of dining and entertainment rooms is subject to availability and approval, additional terms and conditions, and fees and charges may apply. Bike storage is available on a limited, first-in basis.


View Listing

901/132 Kavanagh Street,
Southbank,
VIC
3006

Southbank Apartment, Melbourne

$498 / week

Available from 30 March 2026
Live close to where your career is taking you – without compromising on design, comfort or lifestyle. This studio apartment is available at a reduced rate for eligible applicants. Enquire now.

$498 per week

Are you eligible?
– You (or the primary applicant) are at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status.
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
- The required two (2) Income Thresholds listed below are met.

1. Maximum Household Taxable Income
We need to assess your Maximum Household Taxable Income in accordance with the Income Tax Assessment (Build to Rent Developments) Determination 2024. Your household taxable income is based on the most recent Notice of Assessment(s) from the Australian Taxation Office. In order to meet this criteria, your taxable income for the household mix cannot be higher than that outlined below.

Household composition:
– One (1) adult = AUD $127,988 p.a.
– Two (2) adults = AUD $138,654 p.a.
– One (1) or two (2) adults + child(ren) = AUD $149,320 p.a.

2. Household Income Limit
We also need to assess your Household Income, which is a little different to your Household Taxable Income. Household Income Limit is calculated by annualising your last three pay slips to estimate your gross annual income, in addition to adding any other funds you may have received throughout the year (for example, child support payments, Centrelink assistance or dividend payments).

Household composition
– One (1) adult = AUD $74,080 p.a.
– Two (2) adults = AUD $111,110 p.a.
– One (1) or two (2) adults + child(ren) = AUD $155,550 p.a.

Take the first step
To check if you are eligible for a rental discount get in touch with us today.

Apartment features:
Bright, open living spaces with floor-to-ceiling windows.
Modern kitchens with an induction cooktop and a full-sized oven.
Ducted air conditioning throughout.
Private balconies in many apartments.
White goods are included (fridge, dishwasher, washing machine and clothes dryer).

Community perks*:
Private kitchen and private dining and entertainment rooms.
Outdoor terrace with landscaped gardens and barbecues.
Heated outdoor pool, sauna and games room.
Fully-equipped gym, bike storage and co-working spaces.
Pet-friendly apartments

*Disclaimer:
Weekly rental rates and eligibility criteria are subject to change based on Affordability Scheme legislation and household composition. Pets are subject to approval. Exclusive use of dining and entertainment rooms is subject to availability and approval, additional terms and conditions, and fees and charges may apply. Bike storage is available on a limited, first-in basis.

View Listing

Frequently Asked Questions

What is considered an 'affordable rental' home in Australia?

An affordable home is a rental property offered at a lower price than typical market rates. These homes are designed to help people on low to moderate incomes by keeping rent at a more manageable level. They’re usually provided by community housing organisations, government programs, or some private developers.

Eligibility usually depends on income thresholds, household size, residency status and local demand. Specific criteria are set by each state or provider. You can utilise our Household Eligibility Calculator to check your specific circumstances and see if you are eligible for a rental under an affordable housing policy. 

Applicants must satisfy criteria at the time of application and must continue to meet them on an ongoing basis, subject to the eligibility review process. 

Income limit applies: Your household’s gross annual income must be within the published limits for your household type (e.g., single, couple, family). These limits are set by Housing Australia and updated annually.

Principal Residence: The property must be your primary home.

Age Requirement: All leaseholders must be 18 years or older.

Household Size: The number of occupants must suit the property size (e.g., no overcrowding).

Documentation Required: Applicants must provide proof of income (e.g., payslips, ATO statement, Centrelink statement), photo ID, and rental references.

Rental History: Applicants must pass standard tenancy checks (no serious breaches or arrears).

Annual Reviews: Eligibility and income will be reviewed annually. Rent may adjust if your income changes.

No Subletting: Subletting is not permitted.

Bond & Rent in Advance: One month’s rent (at the discounted rate) plus bond is payable before move-in.

Lease Term: Minimum 12 months; up to 5 years available if eligibility continues.

To help us process your application smoothly and confirm your eligibility for the affordable housing scheme, we will ask you to provide a few key documents. Preparing these in advance can make the process much faster. Generally, you will need to supply:

  • Proof of identity: You will need to complete an ID check. This can include a driver’s licence, passport, or other government-issued photo ID for each applicant. We need this to verify who you are.
  • Proof of income: To confirm you meet the income requirements for the scheme, we’ll need documents such as your latest ATO statement from the most recent financial year, payslips covering at least 2 consecutive pay periods, recent Centrelink Income Statement.This helps us ensure the homes go to those the scheme is designed to support. 
  • Rental History: Information about your previous tenancies, including references from past landlords or property managers, helps us understand your reliability as a tenant.

When you express interest in a property, we will provide a complete checklist so you know exactly what is needed. Our friendly team is here to guide you through gathering these documents and answer any questions you might have along the way. 

Applying is straight forward! 

  1. Check your eligibility: Review the eligibility criteria on each listing to understand if your household size and income fall within the required limits for that property. 
  2. Check out our listings: Look through our range of properties (all properties available on Essence Homes are offered under an affordable housing scheme, with rent reductions already applied to the listing price). 
  3. Submit an enquiry: Express your interest in a specific property that suits your household size and income threshold. 
  4. Inspect the property: We will conduct an eligibility check, and if you are eligible 

We offer fixed-term rental agreements with a minimum term of 12 months. This helps provide some stability and give you a home you can really settle into. Short-term leases are not available for properties under the affordable housing program. 

You have the option to lease for up to 5 years if eligibility continues.

Find a home that works for you

Long leases. Transparent pricing. No compromise on quality. If this feels like the right fit, we’d love to hear from you.