Victoria’s dairy regions are facing growing challenges in accessing housing, affecting workforce attraction and retention and threatening the long-term sustainability of the state’s $3 billion dairy industry.
To address this critical issue, the Gardiner Foundation is launching an Expression of Interest (EOI) process to identify innovative housing solutions for Victoria’s dairy regions. Gardiner is seeking partnerships with developers, investors and government bodies to create sustainable and affordable housing options for dairy communities.
Jenny Wilson Gardiner Foundation General Manager said:
“Access to housing is a major barrier to attracting and retaining a skilled workforce in Victoria’s dairy regions. Across the dairy and broader agricultural sector, workers are struggling to find affordable accommodation, putting pressure on businesses and regional economies. By working together on practical, long-term housing solutions, we can help ensure the sustainability of our dairy industry and the strength of regional communities.”
Key challenges include:
- Severe housing shortages – Limited availability in both rental and ownership markets.
- Rising rental costs – Pushing workers out of affordable accommodation.
- Barriers to home ownership – Rapid price increases make it unattainable for many.
According to the most recent Homes Victoria Rental Report, median rent in regional Victoria remains high at $450 per week, with rental prices increasing by 6.8% over the past year - well above the 10-year average of 4.7%. Persistently low vacancy rates and rising rental costs continue to make housing less accessible for workers and businesses in regional communities.
The shortage of affordable accommodation is placing pressure on dairy businesses, processing companies and the broader service sector. Many businesses are shouldering the financial burden of providing housing for workers, further limiting industry growth.
George Housakos from Cushman & Wakefield, who has been appointed to execute the EOI process for Gardiner Foundation said, "Affordable housing is essential for community sustainability and Gardiner F oundation’s initiative to support innovative housing solutions in Victoria's dairy regions will not only encourage much-needed housing, but aims to stimulate local economies and foster community development.
"We anticipate strong interest from different stakeholders in the housing system, all eager to address the housing shortage in Victoria's dairy regions. This collaborative effort will be crucial in delivering sustainable and innovative housing solutions that benefit the entire community” he said.
The EOI process is now open to stakeholders with ideas to deliver sustainable housing solutions in Victoria’s dairy regions. The Gardiner Foundation encourages all interested parties to submit their proposals and be part of this transformative initiative. The first market briefing will be on 28 April 2025 and the EOI will be released to the market on 30 April 2025. All queries can be directed to housing@gardinerfoundation.com.au
