Assemble, Housing Choices Australia, AustralianSuper, HESTA, CBA and Samma Property Group Break Ground on 435 New Homes in Melbourne’s North-East — Including 327 Affordable Homes
Friday 27 February 2026
Assemble, Housing Choices Australia, AustralianSuper, HESTA, Samma Property Group, and Commonwealth Bank of Australia joined by the Honourable Clare O’Neil MP, Minister for Housing, Kate Thwaites MP, Member for Jagajaga, and all our other project partners, marked the commencement of construction at 119 Bell Street, Ivanhoe.
On completion the asset will be owned by AustralianSuper and HESTA, with Commonwealth Bank of Australia joining Housing Australia in providing debt finance to the project and Housing Choices Australia appointed to work alongside Assemble in managing the homes. The project is being developed by local developer Samma Property Group, with Hacer appointed as the head contractor.
119 Bell Street, Ivanhoe demonstrates Assemble’s unique partnering approach which enables industry partners to work alongside Government – in this case with Housing Australia – institutional investors and community housing providers to deliver housing at scale.
Assemble CEO Carolyn Viney
Located within walking distance of the Austin Hospital and Heidelberg medical precinct, the large build-to-rent development will deliver 435 professionally managed, long term rental homes, alongside new green spaces and community infrastructure. The award of HAFFF funding announced in September 2024 made it possible to materially increase the number of affordable homes to 327 affordable homes.
The Honourable Clare O’Neil MP, Minister for Housing, Homelessness and Cities, partaking in a Smoking Ceremony with Wurundjeri Elder John Terrick.
Photography by Leah Hulst
Assemble CEO Carolyn Viney speaking to guests at the Ground Breaking Ceremony at 119 Bell Street, Ivanhoe.
Photography by Leah Hulst
The partners behind 119 Bell Street, Ivanhoe which will deliver 435 professionally managed, long term rental homes, including 327 affordable homes.
Photography by Leah HulstThe Honourable Clare O’Neil MP, Minister for Housing, Homelessness and Cities, partaking in a Smoking Ceremony with Wurundjeri Elder John Terrick.
Photography by Leah HulstAssemble CEO Carolyn Viney speaking to guests at the Ground Breaking Ceremony at 119 Bell Street, Ivanhoe.
Photography by Leah HulstThe partners behind 119 Bell Street, Ivanhoe which will deliver 435 professionally managed, long term rental homes, including 327 affordable homes.
Photography by Leah Hulst
119 Bell Street, Ivanhoe is one of the many housing assets Assemble intends to deliver as part of its strategy to deliver 17,000 homes — including social and affordable homes delivered in partnership with Housing Choices Australia and other community housing providers — by 2034.
Construction commenced in February 2026 and is expected to be completed in June 2028.
