Vern Gallagher, Defence Housing Australia - Managing Housing Stock in Northern Australia

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Vern Gallagher, General Manager, Development and Innovation, Defence Housing Australia delivered this presentation at the inaugural Northern Australia Defence Summit. Bringing together key figures from the NT Government, senior military figures, and senior industry representatives, this conference is all about the continuing development and support of Defence in the Top End.

For more information, visit http://www.admevents.com.au/northaudefence

Published in: Business, Real Estate
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Vern Gallagher, Defence Housing Australia - Managing Housing Stock in Northern Australia

  1. 1. MANAGING HOUSING STOCK IN NORTHERN AUSTRALIA DEFENCE SUMMIT 30 OCTOBER 2013 VERN GALLAGHER
  2. 2. DHA was established in 1988 • DHA’s main role is to provide housing and related services to ADF members and their families. • Shareholder Ministers: • Minister for Defence • Minister for Finance • DHA is a GBE. • DHA pays taxes and dividends. • 2012-13 revenues exceeded $1 billion. • Managed property portfolio valued at $10 billion.
  3. 3. DHA’s core activities 1. Property and tenancy management 2. Property provisioning 3. Capital raising 4. Lease management 5. Investment management
  4. 4. National projects - locations
  5. 5. Overall housing stock Apart from major changes to bases and unit locations, the overall ADF demand for DHA housing is relatively static. DHA housing construction/purchase demands arise largely from four sources: • replacement of disposed stock; • replacement of SLB properties at end of lease; • construction to meet changed ADF demand, and • new product for the singles market.
  6. 6. NT property provisioning • Access to well located and well priced land for Defence housing is a major challenge. • DHA is in the market for land and greenfield sites to develop socially integrated communities built around our Defence members and families. • DHA aims to ensure that Defence members and families comprise about one third of a development. Muirhead, Darwin Larrakeyah, Darwin
  7. 7. DHA in the NT • Investors • 740 investors in NT housing attracted by: • Excellent property management • SLB terms of agreement and financial benefits • Tenants • DHA develops communities • Quality housing • high standard of maintenance • Contractors • Urban planners, civil contractors, architects, builders • Maintenance panel • DHA innovations • Innovative estate designs • Modular housing, tropically efficient housing, solar PV systems
  8. 8. Current NT Projects DHA currently has the following active projects in Darwin: - Breezes Muirhead - Larrakeyah Barracks - RAAF Base Darwin
  9. 9. Breezes Muirhead Approx 1,096 land lots, 330 DHA houses Completion late 2017
  10. 10. Larrakeyah Barracks Demolition and removal of 64 houses Civil infrastructure and construction of 97 houses Construction element of the housing upgrade is now complete.
  11. 11. RAAF Darwin urban renewal Remove/demolish 395 houses Civil works, regenerate landscape Construct ~100 new houses RAAF Base Darwin
  12. 12. Other projects underway in NT • • • • • • • Defence Establishment Berrimah (DEB) Bellamack Johnston RAAF Base Tindal Katherine Nhulunbuy Goyder Road, Parap
  13. 13. Future Growth in NT DHA is currently working on securing Federal Government approvals for: - 50 houses on RAAF Base Tindal - Approx 100 houses on RAAF Base Darwin DHA is actively seeking other sites close to Defence bases for development.
  14. 14. Thank You Questions?

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