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.

There are 308 listings available
68 Verday Bvd,
Tarneit,
VIC
3029

New 4 bed home 25% below market rate

$499 / week

Available from 1 May 2026
This home is offered at a reduced rent rate and reserved for eligible households. Before you apply, here is what you need to know:

Income limit
Your gross household income needs to be at least $74,137 per year to sustain the tenancy.
Your gross household income must not exceed $153,966 per year for families (defined as one or two adults with dependents or 3+ adult households) or $109,976 per year for 2 adult households.

Household size criteria
To ensure reduced-rent housing is allocated appropriately, specific household size criteria apply.

2-Bedroom homes
* Couples: 2 adults aged 18+
* Families: 1-2 adults with 1-2 dependents

3-Bedroom homes
* Couples: 2 adults aged 18+
* Families: 1-2 adults with 1-4 dependents
* Families or Sharers: 3-4 adults aged 18+

4-Bedroom homes
* Families: 1 adult with 2-4 dependents
* Families: 2 adults with 1-4 dependents
* Families or Sharers: 3-4 adults aged 18+

(Households of 2 people or less do not qualify for 4-Bedroom homes )

Who can apply
This must be your principal place of residence.
All adults on the lease must be 18 or older.

Your lease:
* Fixed-term lease starting at 12 months, with options up to 3 years
* Eligibility and rent reviewed annually; updates are communicated clearly
* All changes in income or household composition must be disclosed, as these can affect your rent
* Subletting is not permitted

A brand-new 4-bedroom home in Tarneit
Be the first to live in this thoughtfully designed 4-bedroom, 2-bathroom home with 2 car spaces, located at 68 Verday Bvd, Tarneit 3029, VIC.
This is more than a new home. It is a more stable, more affordable way to rent.

The home:
* 4 bedrooms, 2 bathrooms, 2 car spaces
* Brand-new build with quality finishes throughout
* Thoughtfully designed layout for everyday living

The location: Tarneit is one of Melbourne’s most popular western growth suburbs, with excellent access to the city and a strong sense of community.
* Getting around: Tarneit Station on the Regional Rail Link provides fast rail access to Melbourne CBD
* Schools nearby: A growing number of local primary and secondary schools, including Tarneit Senior College
* Shopping: Tarneit Central Shopping Centre and local retail strips nearby
* Outdoors: Parks, wetland reserves, and extensive walking and cycling trails

Before you move in:
* Bond and one month’s rent required in advance
* Proof of income, ID, and standard tenancy checks are required

Please note: The photos shown are of a display home and are intended as a guide only. Final finishes, fixtures, and fittings may vary from those depicted. Furniture shown is not included.

View Listing

901/298 Pitt Street,
Sydney,
NSW
2000

Light-filled modern 1-bed apt

$858 / week

Available from 1 May 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.

$858 per week

Are you eligible?
– You (or the primary applicant) is at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status. (Australian Citizen, Australian Permanent Resident – This includes NZ citizens who arrived in Australia prior to 27 Feb 2001, Temporary Protection Visa XA Subclass 785 or Temporary Protection Visa XC Subclass 785)
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
– The Income Tax 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.

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

Apartment features:
• Contemporary finishes including engineered timber flooring,
• Bright, open living spaces with floor-to-ceiling windows.
• Most apartments feature in-built storage, euro-style laundries, built in robes
• Ducted air-conditioning zoned for living and bedrooms.
• Modern kitchens with an induction cooktop and a full-sized oven.
• Private balconies in many apartments.
• White goods are included (fridge, microwave, dishwasher, washing machine and clothes dryer).

Amenity*:
– Level 2 shared kitchen and lounge space
– Level 35 rooftop terrace with stunning views, resident lounge, dining, kitchen and barbecue area
– Health and wellness amenities include 20m pool, sauna, spa, yoga studio and gym
– Lobby Concierge with onsite residential services team
– Onsite maintenance & support team
– Co-working space with bookable meeting rooms
– Dedicated Resident App – Bike Storage, parcel lockers and mail collection
– Living here means the best of the city is on your doorstep and everywhere is within reach with the brand-new Gadigal Metro Station directly below the building.

Please enquire via the Enquire link or contact the team on 0411 455 045.

*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

908/298 Pitt Street,
Sydney,
NSW
2000

Modern 1-bed apt with balcony

$825 / week

Available from 1 May 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.

$825 per week

Are you eligible?
– You (or the primary applicant) is 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 Income Tax 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.

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

Apartment features:
• Contemporary finishes including engineered timber flooring,
• Bright, open living spaces with floor-to-ceiling windows.
• Most apartments feature in-built storage, euro-style laundries, built in robes
• Ducted air-conditioning zoned for living and bedrooms.
• Modern kitchens with an induction cooktop and a full-sized oven.
• Private balconies in many apartments.
• White goods are included (fridge, microwave, dishwasher, washing machine and clothes dryer).

Amenity*:
– Level 2 shared kitchen and lounge space
– Level 35 rooftop terrace with stunning views, resident lounge, dining, kitchen and barbecue area
– Health and wellness amenities include 20m pool, sauna, spa, yoga studio and gym
– Lobby Concierge with onsite residential services team
– Onsite maintenance & support team
– Co-working space with bookable meeting rooms
– Dedicated Resident App – Bike Storage, parcel lockers and mail collection
– Living here means the best of the city is on your doorstep and everywhere is within reach with the brand-new Gadigal Metro Station directly below the building.

Please enquire via the Enquire link or contact the team on 0411 455 045.

*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

1107/298 Pitt Street,
Sydney,
NSW
2000

Spacious modern one bedroom

$858 / week

Available from 1 May 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.

$858 per week

Are you eligible?
– You (or the primary applicant) is at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status (this includes Australian Citizen, Australian Permanent Resident – including NZ citizens who arrived in Australia prior to 27 Feb 2001, Temporary Protection Visa XA Subclass 785 or Temporary Protection Visa XC Subclass 785)
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
– The Income Tax 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.

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

Apartment features:
• Contemporary finishes including engineered timber flooring,
• Bright, open living spaces with floor-to-ceiling windows.
• Most apartments feature in-built storage, euro-style laundries, built in robes
• Ducted air-conditioning zoned for living and bedrooms.
• Modern kitchens with an induction cooktop and a full-sized oven.
• Private balconies in many apartments.
• White goods are included (fridge, microwave, dishwasher, washing machine and clothes dryer).

Amenity*:
– Level 2 shared kitchen and lounge space
– Level 35 rooftop terrace with stunning views, resident lounge, dining, kitchen and barbecue area
– Health and wellness amenities include 20m pool, sauna, spa, yoga studio and gym
– Lobby Concierge with onsite residential services team
– Onsite maintenance & support team
– Co-working space with bookable meeting rooms
– Dedicated Resident App – Bike Storage, parcel lockers and mail collection
– Living here means the best of the city is on your doorstep and everywhere is within reach with the brand-new Gadigal Metro Station directly below the building.

Please enquire via the Enquire link or contact the team on 0411 455 045.

*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

1501/298 Pitt Street,
Sydney,
NSW
2000

Light filled corner 1-bed apt

$858 / week

Available from 1 May 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.

$858 per week

Are you eligible?
– You (or the primary applicant) is at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status (this includes Australian Citizen, Australian Permanent Resident – including NZ citizens who arrived in Australia prior to 27 Feb 2001, Temporary Protection Visa XA Subclass 785 or Temporary Protection Visa XC Subclass 785)
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
– The Income Tax 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.

Take the first step
Check your eligibility and enquire today. Our team is here to guide you through the process. Enquire now.

Apartment features:
• Contemporary finishes including engineered timber flooring,
• Bright, open living spaces with floor-to-ceiling windows.
• Most apartments feature in-built storage, euro-style laundries, built in robes
• Ducted air-conditioning zoned for living and bedrooms.
• Modern kitchens with an induction cooktop and a full-sized oven.
• Private balconies in many apartments.
• White goods are included (fridge, microwave, dishwasher, washing machine and clothes dryer).

Amenity*:
– Level 2 shared kitchen and lounge space
– Level 35 rooftop terrace with stunning views, resident lounge, dining, kitchen and barbecue area
– Health and wellness amenities include 20m pool, sauna, spa, yoga studio and gym
– Lobby Concierge with onsite residential services team
– Onsite maintenance & support team
– Co-working space with bookable meeting rooms
– Dedicated Resident App – Bike Storage, parcel lockers and mail collection
– Living here means the best of the city is on your doorstep and everywhere is within reach with the brand-new Gadigal Metro Station directly below the building.

Please enquire via the Enquire link or contact the team on 0411 455 045.

*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

1702/298 Pitt Street,
Sydney,
NSW
2000

17th floor with CBD views

$849 / week

Available from 1 May 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.

$849 per week

Are you eligible?
– You (or the primary applicant) is at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status (this includes Australian Citizen, Australian Permanent Resident – including NZ citizens who arrived in Australia prior to 27 Feb 2001, Temporary Protection Visa XA Subclass 785 or Temporary Protection Visa XC Subclass 785)
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
– The Income Tax 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.

Take the first step
Check your eligibility and enquire today. Our team is here to guide you through the process. Enquire now.

Apartment features:
• Contemporary finishes including engineered timber flooring,
• Bright, open living spaces with floor-to-ceiling windows.
• Most apartments feature in-built storage, euro-style laundries, built in robes
• Ducted air-conditioning zoned for living and bedrooms.
• Modern kitchens with an induction cooktop and a full-sized oven.
• Private balconies in many apartments.
• White goods are included (fridge, microwave, dishwasher, washing machine and clothes dryer).

Amenity*:
– Level 2 shared kitchen and lounge space
– Level 35 rooftop terrace with stunning views, resident lounge, dining, kitchen and barbecue area
– Health and wellness amenities include 20m pool, sauna, spa, yoga studio and gym
– Lobby Concierge with onsite residential services team
– Onsite maintenance & support team
– Co-working space with bookable meeting rooms
– Dedicated Resident App – Bike Storage, parcel lockers and mail collection
– Living here means the best of the city is on your doorstep and everywhere is within reach with the brand-new Gadigal Metro Station directly below the building.

Please enquire via the Enquire link or contact the team on 0411 455 045.

*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

1901/298 Pitt Street,
Sydney,
NSW
2000

Corner apartment CBD views

$858 / week

Available from 1 May 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.

$858 per week

Are you eligible?
– You (or the primary applicant) is at least 18 years old.
– All household members are Australian citizens or hold appropriate residency status (this includes Australian Citizen, Australian Permanent Resident – including NZ citizens who arrived in Australia prior to 27 Feb 2001, Temporary Protection Visa XA Subclass 785 or Temporary Protection Visa XC Subclass 785)
– You do not own residential or commercial property.
– All adults in the household have a stable rental history.
– The Income Tax 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.

Take the first step
Check your eligibility and enquire today. Our team is here to guide you through the process. Enquire now.

Apartment features:
• Contemporary finishes including engineered timber flooring,
• Bright, open living spaces with floor-to-ceiling windows.
• Most apartments feature in-built storage, euro-style laundries, built in robes
• Ducted air-conditioning zoned for living and bedrooms.
• Modern kitchens with an induction cooktop and a full-sized oven.
• Private balconies in many apartments.
• White goods are included (fridge, microwave, dishwasher, washing machine and clothes dryer).

Amenity*:
– Level 2 shared kitchen and lounge space
– Level 35 rooftop terrace with stunning views, resident lounge, dining, kitchen and barbecue area
– Health and wellness amenities include 20m pool, sauna, spa, yoga studio and gym
– Lobby Concierge with onsite residential services team
– Onsite maintenance & support team
– Co-working space with bookable meeting rooms
– Dedicated Resident App – Bike Storage, parcel lockers and mail collection
– Living here means the best of the city is on your doorstep and everywhere is within reach with the brand-new Gadigal Metro Station directly below the building.

Please enquire via the Enquire link or contact the team on 0411 455 045.

*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

18 Weyba Street,
Truganina,
VIC
3029

Brand new 4 bed home in Truganina

$455 / week

Available from 5 May 2026
This home is offered at a reduced rent rate and reserved for eligible households. Before you apply, here is what you need to know:

Income eligibility
Your gross household income needs to be at least $67,600 per year to sustain the tenancy.
Your gross household income must not exceed $153,966 per year for families (defined as one or two adults with dependents or 3+ adult households) or $109,976 per year for 2 adult households.

Household size criteria
To ensure reduced-rent housing is allocated appropriately, specific household size criteria apply.

2-Bedroom homes
* Couples: 2 adults aged 18+
* Families: 1-2 adults with 1-2 dependents

3-Bedroom homes
* Couples: 2 adults aged 18+
* Families: 1-2 adults with 1-4 dependents
* Families or Sharers: 3-4 adults aged 18+

4-Bedroom homes
* Families: 1 adult with 2-4 dependents
* Families: 2 adults with 1-4 dependents
* Families or Sharers: 3-4 adults aged 18+

(Households of 2 people or less do not qualify for 4-Bedroom homes )

Who can apply
This must be your principal place of residence.
All adults on the lease must be 18 or older.

Your lease:
* Fixed-term lease starting at 12 months, with options up to 3 years
* Eligibility and rent reviewed annually; updates are communicated clearly
* All changes in income or household composition must be disclosed, as these can affect your rent
* Subletting is not permitted

A brand-new 4-bedroom home in Truganina
Be the first to live in this thoughtfully designed 4-bedroom, 2-bathroom home with 2 car spaces, located at 18 Weyba Street, Truganina 3029, VIC.
This is more than a new home. It is a more stable, more affordable way to rent.

The home:
* 4 bedrooms, 2 bathrooms, 2 car spaces
* Brand-new build with quality finishes throughout
* Thoughtfully designed layout for everyday living

The location: Truganina is a fast-growing suburb in Melbourne’s west, within the master-planned Mt. Atkinson community.
* Getting around: Close to the Western Ring Road and Princes Freeway; bus services connect to nearby Hoppers Crossing and Werribee stations
* Schools nearby: New schools planned within Mt. Atkinson, with existing schools accessible in Hoppers Crossing and Truganina
* Shopping: Pacific Werribee Shopping Centre and local retail in the surrounding suburbs
* Outdoors: Extensive open green space, parklands, and trail networks within the estate

Before you move in:
* Bond and one month’s rent required in advance
* Proof of income, ID, and standard tenancy checks are required

Please note: The photos shown are of a display home and are intended as a guide only. Final finishes, fixtures, and fittings may vary from those depicted. Furniture shown is not included.

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.

Latest Blogs

Insights, news, education and all things affordable housing. 

June 30, 2026

Essence Homes News Back to all News What Makes a Great Family-Friendly Neighbourhood? (And why it matters more than ever for renters) For many Australians, finding a home is as much about the number of bedrooms or the cost of the rent. It’s about finding a community where families can thrive and put down roots. […]

June 30, 2026

Essence Homes News Back to all News Essence Homes Rental Platform Providing A Pathway to 1,330 Fairly Priced Long-Term Homes Across Australia With Australian renters facing a deepening rental crisis, Essence Homes is unlocking access to affordable, rent-reduced housing for 1,330 households over the next two years. Aimed at helping address the growing demand for […]

June 30, 2026

Criteria Changes Allow More Access to Rent-Reduced Long Term Housing Options in Australia Eligibility criteria has been expanded, allowing more residents long-term housing options. This move will ensure more families are able to access affordable housing options, allowing them to unpack and put long-term roots down. The rental stock handled by Essence Homes is targeted […]

Start Your Rental Search Today

Explore long-term rental opportunities that match your budget, your family, and your future. Use our platform to browse affordable homes and take the first step toward secure community living. From houses to apartments and townhouses, we connect you with affordable rentals that feel like home.