Brisbane Housing Company (BHC), Queensland’s leading affordable housing provider, is entering the retirement village market at Sherwood, 12km south of Brisbane’s CBD.

BHC will offer contemporary, market competitive apartment living priced at $350-$450,000, but as low as $200,000 for true needs clients compared to the local median home value of $800-850,000.

Funded and launched 16 years ago with $40 million by the QLD Government and Brisbane Council to provide inner and middle ring housing for essential service workers, BHC’s mission is to “enhance tenants’ quality of life through sustainable, affordable housing.”

The development, called Arbor, comprises 52 apartments with the village manager being a care coordinator. The Arbor village model is for residents to participate in the surrounding community rather than being isolated in the village community – what they call “a well-connected life”.

The display suite opens in two weeks’ time.