cooperative housing

In the states and territories there are a number of cooperatives providing residential accommodation for members. Typically, a member of a cooperative pays a fixed percentage of his/her income into a pooled fund, which then meets the costs of housing. The cooperative association owns the accommodation and lets the accommodation to members of the cooperative.


In the ACT under the Co-operative Housing Resource Centre’s system cooperative residents are tenants of the co­operative at the same time as being members of the cooperative and therefore, lessors at the same time as being tenants.