Bric Housing

What Bric Housing does

Bric Housing is a registered charity and Tier 1 community housing provider headquartered in Spring Hill, Brisbane, that has delivered social and affordable housing across South East Queensland since its establishment in 2008. The organisation manages more than 900 tenancies across over 200 properties in Greater Brisbane, Moreton Bay and surrounding regions, comprising its own stock alongside properties headleased from the Queensland Government and private landlords. Its service model combines direct tenancy management with wraparound community programs delivered through partnerships with organisations such as Foodbank, SANDBAG and Communify, targeting low-income tenants, vulnerable individuals and families, those experiencing homelessness, and key workers priced out of the private rental market.

The organisation's revenue is derived from three primary streams: tenant rental income from the 900+ tenancies at affordable rates, donations from individuals and businesses, and government funding and grants, including $9.1 million from the Queensland Government for the Redcliffe development and support from the Housing Australia Future Fund. It has an active development pipeline spanning the 18-unit Portwood Street complex (completed late 2023), the 60-unit Wighton Street Margate project (construction commenced November 2025) and a 152-unit Carseldine Village partnership with St George Community Housing valued at $87 million (construction beginning Q1 2025). The Portwood Street development incorporates an inter-tenancy solar energy sharing system in partnership with Allume Energy, funded via a Queensland Government Climate Smart Grant, where solar energy is shared between units to directly reduce tenant energy costs.

The organisation operates with a small team of 11–50 employees under CEO Jane West and Chair Julie Saunders. In 2024 it achieved Tier 1 status as a leading growth provider in Queensland, expanding its role in the social and affordable housing sector. Bric's go-to-market is community-led: tenant acquisition occurs through government referrals, eligibility-based applications, and partnerships with local councils and community organisations rather than commercial sales channels.

Name

Bric Housing

Legal name

Bric Housing

Website

https://bric.org.au

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Bric Housing is a Tier 1 community housing provider in South East Queensland managing more than 900 tenancies across 200+ properties, delivering social and affordable housing to low-income households, vulnerable families and key workers.

Ownership category

akta.pro rank

Product category

Affordable and Social Housing (Community Housing)

NAICS

Other Community Housing Services (624229), Community Housing Services (62422), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industry

Rural, Tribal & Special-Population Housing Programs (FSALAKAL)

Keywords

• Affordable housing
• Social housing
• Community housing
• Tenancy management
• Housing development

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Tenant Rental Income: Rental income from managing over 900 tenancies across 200+ properties. Rental rates are set to be affordable for those on low incomes.
2. Donations and Charitable Support: Registered charity accepting donations from individuals, businesses and the community. Supports tenant start-up kits, improved facilities, and additional affordable housing development.
3. Government Funding and Grants: Major funding from Queensland Government ($9.1 million for Redcliffe development) and Housing Australia Future Fund for development projects. Infrastructure charge waivers and development fee remissions from local councils.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Bric Housing is a Tier 1 registered Community Housing Provider (non-profit, registered charity) that provides and manages affordable and social rental housing across more than 900 tenancies and 200+ properties in Greater Brisbane, Moreton Bay and surrounding regions of South East Queensland, Australia. The organization delivers supportive tenancy management, tenant support programs (including homelessness assistance), ongoing property and asset maintenance, and the development and construction of new social and affordable housing stock, funded through tenant rentals, government grants, the Housing Australia Future Fund, and charitable donations.

Product overview

Bric Housing is a community housing provider in South East Queensland, not a technology company with software products. Their core offering is affordable and social housing services, including tenancy management for over 900 tenancies across 200+ properties. They provide supportive tenancy management, tenant support services, property management, development and construction of housing properties, and accept donations as a registered charity. The organization does not offer technology products, platforms, or software-as-a-service offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Rental Housing (tenancy provision) Provision of affordable rental housing to low-income and vulnerable households across Greater Brisbane, Moreton Bay and surrounding regions in South East Queensland, with rental rates set at affordable levels based on tenant income assessment. Bric manages over 900 tenancies across 200+ properties, combining its own stock with properties leased from Queensland Government and private landlords.
• Supportive Tenancy Management Services Tenancy management and wrap-around support services for Bric tenants, designed to help tenants sustain their tenancy and, where possible, transition into the mainstream private rental market. Includes tenant information, tenant support, repairs management and feedback channels.
• Homelessness and Vulnerability Support Programs Tailored programs and services for tenants and applicants experiencing or at risk of homelessness, including those escaping domestic violence. Delivered in collaboration with community partners and support organisations.
• Portwood Street Affordable Housing Development (Redcliffe) An 18-unit affordable housing complex of 1-bedroom apartments in Redcliffe targeting seniors, developed by Bric in partnership with Queensland Government, City of Moreton Bay Council and Allume Energy. Provides affordable rental homes for seniors with an innovative shared solar energy system that lowers tenant energy costs.
• Wighton Street Affordable Housing Development (Margate) A 60-unit affordable housing development in Margate delivering a mix of studios, one-bedroom and two-bedroom apartments, including affordable homes for key workers and others priced out of the private rental market. Funded via the Housing Australia Future Fund with impact-investor support from Conscious Investment Management.
• Carseldine Village Affordable Housing Partnership (152 homes) A $87 million partnership with St George Community Housing (SGCH) and Economic Development Queensland (EDQ) to deliver 152 social and affordable homes at Carseldine Village in Brisbane. SGCH leads development while Bric delivers tenancy and asset management services for the completed homes.
• Headlease Program (Landlord Leasing) Program through which private residential landlords lease their properties to Bric Housing, which then sub-lets them as affordable housing to eligible tenants. Allows Bric to expand the affordable housing portfolio without owning the underlying property.
• Charitable Donations Program Bric Housing operates a donations program as a registered charity, accepting donations from individuals, businesses and the community. Donations support tenant start-up kits, improved facilities and additional affordable housing development.

Quantifiable outcome

• Over 900 tenancies managed across 200+ properties
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• St George Community Housing (SGCH)coreStrategic or Co-development Partner · 18 September 2024Partnership to deliver and operate 152 social and affordable homes at Carseldine Village in Brisbane. SGCH will develop the $87 million project while Bric provides tenancy and asset management services. Project led and supported by Economic Development Queensland.
• Economic Development Queensland (EDQ)coreStrategic or Co-development Partner · 18 September 2024EDQ leads and supports the Carseldine Village housing project, part of the larger 15-hectare master planned precinct in Brisbane's Fitzgibbon Priority Development Area.
• SANDBAGminorStrategic or Co-development Partner · 25 January 2024Local community centre that runs activities including men's yoga, Get Skilled Conservation program, and regular community meals. Collaborates on tenant celebration events.
• FoodbankminorStrategic or Co-development Partner · 31 March 2023Provides frozen meals that are high quality and nutritious, available free of charge to tenants experiencing financial hardship.
• Communify (Second Bite)minorStrategic or Co-development Partner · 31 March 2023Community organization providing food assistance through Second Bite partnership, offering frozen meals to Bric tenants in need.
• Community CanteenminorStrategic or Co-development Partner · 31 March 2023Provides delicious three-course meals for tenant celebration events, demonstrating community generosity.
• Paynters Pty LtdminorStrategic or Co-development Partner · 10 February 2023Construction partner undertaking building works on Bric housing developments including Portwood Street in Redcliffe.
• City of Moreton Bay CouncilminorStrategic or Co-development Partner · 10 February 2023Provided waiver of $220,000 in infrastructure charges and development application fees for Redcliffe development, and full remission of infrastructure charges for Margate project.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Churches of Christ Housing Services: Queensland-based affordable housing provider operating as a registered CHP with comparable scale and tenant-focused service model. Operates in similar SEQ geography with social and affordable rental portfolios.
• Housing Choices Australia: National community housing provider offering social and affordable rental housing with support services. Comparable in service model, tenant segments, and reliance on government funding streams.
• Community Housing Limited (CHL): Large national community housing provider with operations across Australia and internationally. Comparable in delivering social/affordable housing, tenancy management, and large-scale development partnerships with government and impact investors.
• BlueCHP: National community housing provider operating across multiple Australian states. Comparable as a Tier 1/2 CHP delivering affordable rental housing, tenant support services, and partnership-based development. Direct competitor for government funding allocations.
• St George Community Housing (SGCH): One of Australia's largest community housing providers operating in NSW and QLD. Direct peer as a Tier 1 CHP delivering social and affordable housing with similar tenant management and development models. Already partnered with Bric on the Carseldine Village project.
• Brisbane Housing Company: Queensland-based community housing provider focused on the Brisbane region. Directly comparable in geography, service offering (affordable rentals, supportive tenancy management), and customer base (low-income and vulnerable households).
• Bridge Housing Group: Sydney-based community housing provider with comparable scale and operating model. Direct peer in delivering affordable rental housing, tenancy support, and partnership-based development with government.

Emerging players

• Mission Australia Housing: Large national NGO with housing programs targeting vulnerable populations including those experiencing homelessness. Comparable in serving similar customer segments and addressing affordability and homelessness, though housing is one of many services.

Regional players

• Evolve Housing: NSW-based community housing provider with similar model delivering social and affordable housing and tenancy management. Comparable as a Tier 1/2 CHP, though operating in a different geography than Bric.

Others

• Queensland Department of Housing and Public Works: State government housing authority that funds and partners with CHPs like Bric. Relevant as Bric's largest funding source and the entity Bric leases stock from; functions as both supplier of stock and customer of tenancy management services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bric-housing
• Facebookfacebook.com/BricHousingAU

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bric Housing