The Work Index by Flexa

Local: Residential Pty Ltd

Local: Residential Pty Ltd is a build-to-rent apartment platform that creates and manages apartment buildings exclusively for renters in Melbourne, Australia.

https://localresidential.com.au/
5.9

/10

Transparency ranking

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Description

Local: Residential Pty Ltd is a build-to-rent (BTR) platform focused on creating sustainable and community-focused residential developments in Australia. They offer a unique approach to renting by providing apartments in well-connected neighbourhoods with amenities like gyms, co-working spaces, and swimming pools, all included in the rent. They also prioritize social impact by dedicating a portion of their developments to impact housing, which provides affordable homes for key workers, women over 55 at risk of homelessness, and people with disabilities.

Local is committed to sustainability, operating with net zero emissions and using sustainable materials in their construction. Their projects also aim to be energy-efficient, incorporating solar panels, Green Power, and electric appliances. They are also a B Corp Certified company, demonstrating their commitment to social and environmental responsibility. Their focus on community building, sustainable design, and social impact sets them apart in the BTR market, offering a more inclusive and responsible way to live and belong.

Flexibility

Local: Residential Pty Ltd does not explicitly state job flexibility options on their website or job postings. NONE

Benefits

Local: Residential Pty Ltd offers a comprehensive suite of employee benefits, including a commitment to social and environmental responsibility. They are a certified B Corp, demonstrating their dedication to high standards of social and environmental performance, accountability, and transparency. Local also prioritizes a positive work environment, with a focus on inclusion and community building. This is reflected in their commitment to impact housing, supporting key workers, women over 55 experiencing or at risk of homelessness, and young people living with a disability. They also offer opportunities for professional growth and development, with a commitment to internal advancement and a collaborative work culture.

Mission

Local: Residential Pty Ltd is a build-to-rent apartment platform dedicated to creating positive change and social impact in the Australian housing market. They strive to provide a better and fairer alternative to the traditional rental market by offering high-quality, sustainably designed apartments in well-connected neighborhoods. Their mission is to create thriving communities where everyone feels welcome, respected, and has a place to call home, while also promoting social and environmental sustainability through initiatives like Impact Housing and net-zero operations.

Animal focused
Disruptor
Environmental impact driven
Improving quality of life/health
Social impact led
Sports and fitness
Sustainability

Culture

Local: Residential Pty Ltd promotes a welcoming and inclusive culture, emphasizing community and belonging. They prioritize creating spaces where residents feel comfortable and connected, fostering a sense of shared responsibility and social impact. Their focus on sustainability, diversity, and positive social change permeates their approach to business, encouraging employees to be active participants in building a better future.

Collaborative
Engaging
Entrepreneurial
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Local: Residential Pty Ltd is committed to creating inclusive communities, with a strong focus on diversity, equity, and inclusion. This commitment is reflected in their Impact Housing program, which allocates a minimum of 10% of their apartments to those who need them most, including affordable housing for key workers, housing for women over 55 experiencing or at risk of homelessness, and specialist disability accommodation. They also partner with organizations like Women's Property Initiatives to provide safe and affordable housing options for vulnerable individuals. Additionally, Local actively engages with Aboriginal and Torres Strait Islander peoples through their Reconciliation Action Plan, aiming to build stronger connections and foster understanding within their business and wider communities.

Ethnically diverse

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