Homes for Homes

Homes for Homes

A commitment to helping our community

Denman Prospect is the first entire suburb in Australia to commit to the Homes for Homes initiative, an independent not-for-profit organisation, established by The Big Issue.

In order to raise funds to help resolve Australia’s housing shortage, Capital Estate Developments is donating 0.1 per cent of the sale price for each block to the Homes for Homes Initiative. Ths has led to over $1m raised since 2016.

In addition to our donation, there is also a voluntary caveat on the title for all future sales. This means homeowners can choose to donate a tax deductible 0.1% of the sale price to Homes for Homes if they sell their house in the future. For example, if someone sells their house for $750,000, this would equate to a $750 contribution.