My Place Property

Affordable Housing

My Place Property

My Place Property is a division of Compass Housing Services Co Ltd and has been operating in Newcastle since February 2012.

My Place Property manages the Affordable Housing portfolio consisting of over 300 dwellings within the areas of Newcastle, Raymond Terrace, Maitland, Cessnock, Lake Macquarie, the Central Coast, Broken Hill and Dubbo.

More recently, My Place Property has also acquired properties in the Dubbo and Broken Hill areas.

Affordable housing is an alternative form of housing designed to assist low to medium income earners, which enables eligible tenants to reside within existing communities at a rebated rent. and represents approximately 9% of Compass NSW’s total housing portfolio.

The transitional aspect of affordable housing encourages tenants to pursue real property ownership while paying reasonable rent in their present circumstances. This has delivered terrific outcomes, with tenants obtaining private home ownership through this program.

Landlords, Owners & Investors

Are you looking for guaranteed rental payments and no void periods for your investment property?


Compass is currently looking for more leasehold properties in New South Wales and Queensland to add to its 4473 strong housing portfolio.

If you want guaranteed rental income for your property that’s backed by a socially responsible organisation with a $1.4B portfolio, then why not get in touch with Compass?

 
What is a leasehold property?

A leasehold property is a house, apartment or townhouse that is rented to Compass, who then sublets it to a third party.

Compass is still considered the tenant and is the only party to enter into a lease with the property’s owner. That means all communication is with Compass.

 
What are the benefits?
  • Guaranteed rental payments with no void periods. Your rent will be paid by Compass and the Government one month in advance, whether the property is tenanted or vacant.
  • Compass takes all responsibility for any tenant damage.
  • No property management fees.
 
Does my property meet the requirements?

Compass is interested in properties that meet the following requirements:

  • Can be easily secured (windows and doors fitted with locks and undamaged)
  • All gas and electrical appliances meet Australian Safety Standards
  • All plumbing functions correctly and meets water efficiency standards
  • Smoke alarms are fitted and function correctly
  • No cracked or broken glazing
  • Free of infestation
  • Paths/paving safe, level and secure, and
  • Clean and free of rubbish.

Does this sound like your property? Need more information? Call Compass on 1300 333 733  

Applicants

Are you struggling to pay your rent? 
Are you currently employed? 
Then you may be eligible for Affordable Housing!

Property locations include: Newcastle, Lake Macquarie, Maitland, Raymond Terrace, Gosford, Cessnock, Dubbo and Broken Hill.

  • For information on how to apply and eligibility - Click Here

Tenants

  • For tenancy management information (such as paying rent, repairs and maintenance, complaints and antisocial behaviour) - Click Here
  • To request maintenance and repairs, click here or call our office.

For more information about
My Place Property and Affordable Housing:

Phone:  1300 333 733
Fax:  02 4929 1358

Email: hunter@compasshousing 

My Place Property
1 Brown Street, Newcastle NSW 2300
(PO Box 2346, Dangar NSW 2309)