Affordable Rentals in Victoria

Affordable rental homes across Victoria for key workers, families and low-to-moderate income earners. Long-term rentals designed to give you stability, not stress.

Affordable Homes Built for Victorian Families

Our rental homes are designed with everyday life in mind. Thoughtful layouts, quality finishes and neighbourhoods close to schools, transport and local shops. Our affordable rentals are homes where you can actually picture your life unfolding. Government-supported pricing means you can focus on settling in, not constantly searching for your next place.

What is Essence Homes?

Essence Homes offers long-term affordable rentals across Victoria for key workers, families and low-to-moderate income earners. We’re here to break the cycle of rental instability, the stress of rising rents, constant moves and starting over. Our homes give you what every renter deserves: a place to stay, grow and belong. Backed by government affordability programs, our rentals are designed to keep you housed, not house-hunting.

Rental Stability That Actually Lasts

Stop moving, start living. With Essence Homes, affordable housing in Victoria means long-term tenancies, fair rent and homes you won’t be priced out of. Your kids stay in the same school. Your neighbours become familiar faces. 

Modern Living Spaces

Open-plan designs that work for how you actually live. Kitchen, dining and living areas that flow together; because home is where life happens, not just where you sleep.

Your Style, Your Space

Homes designed as a blank canvas. Bring your personality, your furniture, your memories.

Room to Breathe

Thoughtfully designed homes with natural light and space to make yours. Whether it's a reading nook or a play area, there's room for the life you want to build.

Built for Everyday Moments

Spaces for family dinners, morning coffee, homework at the table. These are homes designed for the small, meaningful moments that make a house feel like home.

Available Rental Properties in Victoria

Our latest affordable rentals, designed to make quality, secure living more accessible. All homes listed here are part of an affordable housing program and are offered at reduced rental rates.

Affordable housing eligibility requirements apply, so you are encouraged to use our eligibility check prior to enquiring.  Household size and gross household income must fall within affordable housing limits.

2.05/5 Caulfield Boulevard,
Caulfield North,
VIC
3161

Brand New Apartment

$582 / week

Available from 1 May 2027
Key Worker Housing at Caulfield Place

Supporting the people who support our community.
Caulfield Place offers thoughtfully designed apartments for key workers who provide essential services to the community. Located in vibrant Caulfield, this unique housing initiative helps ensure that professionals in vital industries can live close to work, transport and everyday amenities.
A Connected Lifestyle
Located moments from Caulfield Station and close to major institutions including Monash University and Cabrini Hospital, Caulfield Place offers convenience, comfort and community in one exceptional address.
Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.
Key Features includes:
Sizeable living area and comfortable adjoining bedroom
Galley-style kitchen with Fisher & Paykel appliances – Fridge included
Fully equipped laundry with Fisher & Paykel washer and dryer
Extensive balcony
Secured car park available at small cost
The apartment will be rented unfurnished

Enjoy exclusive spaces that elevate your everyday!

Eligible Key Worker Industries only.
Applicants may be eligible if they are employed in one of the following sectors:
Health and Aged Care – doctors, nurses, allied health professionals and support staff
Education and Childcare – teachers, early childhood educators and education support staff
Emergency Services and Public Safety – police, firefighters, paramedics and emergency personnel
Essential Services and Utilities – energy, water, waste management and public infrastructure workers
Community and Social Services – social workers, support workers and community service professionals
Hospitality and Tourism – Chefs, cooks, kitchenhands, waitstaff, baristas, bartenders and hotel staff
Arts and Culture – creative and cultural sector professionals
Social Enterprise and Not-for-Profit Organisations

The following eligibility criteria will apply:
1. The individual must be an Australian Citizen or Resident for tax purposes, aged 18 years or
over.
2. The individual (or household of more than one individual) must be in some type of “Key
Worker” employment.
3. Applicants must not own property that can solve their immediate housing needs.
4. Applicants must apply for a minimum 12-month lease.

Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.

Please note that images depict a display apartment. Features, fittings, and layout of the actual apartment may vary.

View Listing

2.04/5 Caulfield Boulevard,
Caulfield North,
VIC
3161

Brand New Apartment

$582 / week

Available from 14 April 2026
Key Worker Housing at Caulfield Place

Supporting the people who support our community.
Caulfield Place offers thoughtfully designed apartments for key workers who provide essential services to the community. Located in vibrant Caulfield, this unique housing initiative helps ensure that professionals in vital industries can live close to work, transport and everyday amenities.
A Connected Lifestyle
Located moments from Caulfield Station and close to major institutions including Monash University and Cabrini Hospital, Caulfield Place offers convenience, comfort and community in one exceptional address.
Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.
Key Features includes:
Sizeable living area and comfortable adjoining bedroom
Galley-style kitchen with Fisher & Paykel appliances – Fridge included
Fully equipped laundry with Fisher & Paykel washer and dryer
Extensive balcony
Secured car park available at small cost
The apartment will be rented unfurnished

Enjoy exclusive spaces that elevate your everyday!

Eligible Key Worker Industries only.
Applicants may be eligible if they are employed in one of the following sectors:
Health and Aged Care – doctors, nurses, allied health professionals and support staff
Education and Childcare – teachers, early childhood educators and education support staff
Emergency Services and Public Safety – police, firefighters, paramedics and emergency personnel
Essential Services and Utilities – energy, water, waste management and public infrastructure workers
Community and Social Services – social workers, support workers and community service professionals
Hospitality and Tourism – Chefs, cooks, kitchenhands, waitstaff, baristas, bartenders and hotel staff
Arts and Culture – creative and cultural sector professionals
Social Enterprise and Not-for-Profit Organisations

The following eligibility criteria will apply:
1. The individual must be an Australian Citizen or Resident for tax purposes, aged 18 years or
over.
2. The individual (or household of more than one individual) must be in some type of “Key
Worker” employment.
3. Applicants must not own property that can solve their immediate housing needs.
4. Applicants must apply for a minimum 12-month lease.

Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.

Please note that images depict a display apartment. Features, fittings, and layout of the actual apartment may vary.

View Listing

2.03/5 Caulfield Boulevard,
Caulfield North,
VIC
3161

Brand New Apartment

$582 / week

Available from 14 April 2026
Key Worker Housing at Caulfield Place

Supporting the people who support our community.
Caulfield Place offers thoughtfully designed apartments for key workers who provide essential services to the community. Located in vibrant Caulfield, this unique housing initiative helps ensure that professionals in vital industries can live close to work, transport and everyday amenities.
A Connected Lifestyle
Located moments from Caulfield Station and close to major institutions including Monash University and Cabrini Hospital, Caulfield Place offers convenience, comfort and community in one exceptional address.
Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.
Key Features includes:
Sizeable living area and comfortable adjoining bedroom
Galley-style kitchen with Fisher & Paykel appliances – Fridge included
Fully equipped laundry with Fisher & Paykel washer and dryer
Extensive balcony
Secured car park available at small cost
The apartment will be rented unfurnished

Enjoy exclusive spaces that elevate your everyday!

Eligible Key Worker Industries only.
Applicants may be eligible if they are employed in one of the following sectors:
Health and Aged Care – doctors, nurses, allied health professionals and support staff
Education and Childcare – teachers, early childhood educators and education support staff
Emergency Services and Public Safety – police, firefighters, paramedics and emergency personnel
Essential Services and Utilities – energy, water, waste management and public infrastructure workers
Community and Social Services – social workers, support workers and community service professionals
Hospitality and Tourism – Chefs, cooks, kitchenhands, waitstaff, baristas, bartenders and hotel staff
Arts and Culture – creative and cultural sector professionals
Social Enterprise and Not-for-Profit Organisations

The following eligibility criteria will apply:
1. The individual must be an Australian Citizen or Resident for tax purposes, aged 18 years or
over.
2. The individual (or household of more than one individual) must be in some type of “Key
Worker” employment.
3. Applicants must not own property that can solve their immediate housing needs.
4. Applicants must apply for a minimum 12-month lease.

Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.

Please note that images depict a display apartment. Features, fittings, and layout of the actual apartment may vary.

View Listing

2.02/5 Caulfield Boulevard,
Caulfield North,
VIC
3161

Brand New Apartment

$582 / week

Available from 14 April 2026
Key Worker Housing at Caulfield Place

Supporting the people who support our community.
Caulfield Place offers thoughtfully designed apartments for key workers who provide essential services to the community. Located in vibrant Caulfield, this unique housing initiative helps ensure that professionals in vital industries can live close to work, transport and everyday amenities.
A Connected Lifestyle
Located moments from Caulfield Station and close to major institutions including Monash University and Cabrini Hospital, Caulfield Place offers convenience, comfort and community in one exceptional address.
Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.
Key Features includes:
Sizeable living area and comfortable adjoining bedroom
Galley-style kitchen with Fisher & Paykel appliances – Fridge included
Fully equipped laundry with Fisher & Paykel washer and dryer
Extensive balcony
Secured car park available at small cost
The apartment will be rented unfurnished

Enjoy exclusive spaces that elevate your everyday!

Eligible Key Worker Industries only.
Applicants may be eligible if they are employed in one of the following sectors:
Health and Aged Care – doctors, nurses, allied health professionals and support staff
Education and Childcare – teachers, early childhood educators and education support staff
Emergency Services and Public Safety – police, firefighters, paramedics and emergency personnel
Essential Services and Utilities – energy, water, waste management and public infrastructure workers
Community and Social Services – social workers, support workers and community service professionals
Hospitality and Tourism – Chefs, cooks, kitchenhands, waitstaff, baristas, bartenders and hotel staff
Arts and Culture – creative and cultural sector professionals
Social Enterprise and Not-for-Profit Organisations

The following eligibility criteria will apply:
1. The individual must be an Australian Citizen or Resident for tax purposes, aged 18 years or
over.
2. The individual (or household of more than one individual) must be in some type of “Key
Worker” employment.
3. Applicants must not own property that can solve their immediate housing needs.
4. Applicants must apply for a minimum 12-month lease.

Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.

Please note that images depict a display apartment. Features, fittings, and layout of the actual apartment may vary.

View Listing

S.3.12/18 Station St,
Caulfield North,
VIC
3161

Brand New Apartment

$582 / week

Available from 14 April 2026
Key Worker Housing at Caulfield Place

Supporting the people who support our community.
Caulfield Place offers thoughtfully designed apartments for key workers who provide essential services to the community. Located in vibrant Caulfield, this unique housing initiative helps ensure that professionals in vital industries can live close to work, transport and everyday amenities.
A Connected Lifestyle
Located moments from Caulfield Station and close to major institutions including Monash University and Cabrini Hospital, Caulfield Place offers convenience, comfort and community in one exceptional address.
Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.
Key Features includes:
Sizeable living area and comfortable adjoining bedroom
Galley-style kitchen with Fisher & Paykel appliances – Fridge included
Fully equipped laundry with Fisher & Paykel washer and dryer
Extensive balcony
Secured car park available at small cost
The apartment will be rented unfurnished

Enjoy exclusive spaces that elevate your everyday!

Eligible Key Worker Industries only.
Applicants may be eligible if they are employed in one of the following sectors:
Health and Aged Care – doctors, nurses, allied health professionals and support staff
Education and Childcare – teachers, early childhood educators and education support staff
Emergency Services and Public Safety – police, firefighters, paramedics and emergency personnel
Essential Services and Utilities – energy, water, waste management and public infrastructure workers
Community and Social Services – social workers, support workers and community service professionals
Hospitality and Tourism – Chefs, cooks, kitchenhands, waitstaff, baristas, bartenders and hotel staff
Arts and Culture – creative and cultural sector professionals
Social Enterprise and Not-for-Profit Organisations

The following eligibility criteria will apply:
1. The individual must be an Australian Citizen or Resident for tax purposes, aged 18 years or
over.
2. The individual (or household of more than one individual) must be in some type of “Key
Worker” employment.
3. Applicants must not own property that can solve their immediate housing needs.
4. Applicants must apply for a minimum 12-month lease.

Register your interest today to learn more about Key Worker Housing opportunities at Caulfield Place.

Please note that images depict a display apartment. Features, fittings, and layout of the actual apartment may vary.

View Listing

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

207 Errol Blvd,
Mickleham,
VIC
3064

Below-Market Rent in Mickleham

$515 / week

Available from 6 June 2026
A brand-new 4-bedroom home with rent you can actually plan around
Be the first to live in this thoughtfully designed 4-bedroom, 2-bathroom home with 2 car spaces, located in the Merrifield in Mickleham, 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 $8,580 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 4-bedroom layout
· 2 bathrooms and secure parking for 2 car spaces
· Brand-new build with quality finishes
· Located within the Merrifield master-planned community

Connected, convenient location
Mickleham is a fast-growing northern suburb set within Melbourne’s master-planned Merrifield community.
· Transport: Easy access to the Hume Freeway and bus services connecting to Craigieburn Station
· Schools: Gilgai Plains Primary, Hume Anglican Grammar, and schools within the Merrifield estate
· Shopping: Craigieburn Central Shopping Centre nearby, plus local retail within Merrifield
· Outdoors: Merri Creek Reserve, wetlands, and extensive green corridors within the estate

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 4-bedroom home
· Have a gross household income below $153,966 per year
· Meet the minimum income requirement of approximately $89,267 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.

View Listing

9 Pleasant Trail,
Mickleham,
VIC
3064

Affordable Home in Mickleham

$417 / week

Available from 6 June 2026
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 parking, located in the Highlands – Craigieburn in Mickleham, 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 below market rates. It is designed to help eligible households secure a quality home without the usual financial pressure.

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 parking
· Brand-new build with quality finishes
· Located within the Highlands – Craigieburn master-planned community

Connected, convenient location
Mickleham is a fast-growing northern suburb set within Melbourne’s master-planned Merrifield community.
· Transport: Easy access to the Hume Freeway and bus services connecting to Craigieburn Station
· Schools: Gilgai Plains Primary, Hume Anglican Grammar, and schools within the Merrifield estate
· Shopping: Craigieburn Central Shopping Centre nearby, plus local retail within Merrifield
· Outdoors: Merri Creek Reserve, wetlands, and extensive green corridors within the estate

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 $72,280 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.

View Listing

7 Pleasant Trail,
Mickleham,
VIC
3064

Affordable Home in Mickleham

$417 / week

Available from 6 June 2026
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 parking, located in the Highlands – Craigieburn in Mickleham, 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 below market rates. It is designed to help eligible households secure a quality home without the usual financial pressure.

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 parking
· Brand-new build with quality finishes
· Located within the Highlands – Craigieburn master-planned community

Connected, convenient location
Mickleham is a fast-growing northern suburb set within Melbourne’s master-planned Merrifield community.
· Transport: Easy access to the Hume Freeway and bus services connecting to Craigieburn Station
· Schools: Gilgai Plains Primary, Hume Anglican Grammar, and schools within the Merrifield estate
· Shopping: Craigieburn Central Shopping Centre nearby, plus local retail within Merrifield
· Outdoors: Merri Creek Reserve, wetlands, and extensive green corridors within the estate

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 $72,280 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.

View Listing

Why Essence Homes Works for You

Our listings are designed for what renters actually need; affordability that lasts, homes that feel like yours, and a process that’s straightforward from start to finish.

Government-Backed Affordability

Rent pricing supported by government programs means you're not competing in an overheated market.

Long-Term Tenancies

We offer leases from 12 months up to 5 years. Our leases are designed for stability so you can settle in.

Quality Homes, Thoughtful Design

Modern layouts built for real life. Whether you're raising kids or just need space to breathe, our homes are designed with everyday Victorians in mind.

Clear, Simple Process

Check your eligibility, find a home, apply. No jargon, no run-around. We'll walk you through each step so you know exactly where you stand.

About Essence Homes

We know what it’s like when rents keep climbing and every lease renewal feels like a gamble. Essence Homes exists to give key workers, families and everyday Australians a different option: affordable rental homes backed by government support, designed for long-term living.

Our homes aren’t about cutting corners. They’re thoughtfully designed, well-located, and built for real life. You get stability without the stress, quality without the premium price tag, and the chance to actually settle in instead of constantly planning your next move.

Because home should feel like home, whether you’re renting or not.

Frequently Asked Questions

What is considered an "affordable 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 a 100-point 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: use our Household Eligibility Calculator to ensure you understand what homes you are eligible for. 
  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.

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