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Women's Property Initiatives

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Women's Property Initiatives

Project Overview

Client
Women's Property Initiatives
Melbourne | 2016

Key Achievements

  • Excellence in Social Impact Measurement Award – 2017 Social Impact Measurement Network Australia (SIMNA) Awards

Women’s Property Initiatives (WPI) provides new beginnings for women facing homelessness that start with affordable, long-term homes. This work is based on the belief that every human being has the right to a safe and secure home and that women face the greatest disadvantage in their ability to afford one.

Think Impact were engaged to measure the Social Return on Investment (SROI) to enable WPI to understand the value and impact their housing created for tenants. The evaluation include 66 homes occupied by women and their families over a 12-month period between 2014-2015.

The evaluation required extensive stakeholder engagement, identification of suitable indicators that quantified social impact and monetisation of the social outcomes. The report entitled Visible Changes was externally assured by Social Value International (SVI).

Since moving into my home, I now feel safe and secure (80%).

I am happier about where my life is going (78%) and I can better deal with problems (69%).

I now know where to get help when I need it (70%) and I feel more confident facing new challenges (64%).

I am much more employable than I was before (38%). My kids are doing better at school (64%).
  • - For every $1 invested in WPI, $11.07 of social value is created.
  • - The outcomes were valued at $15,502,647 with input costs of $1,399,870 for the 12 month period between 2014-2015.

- Tenants experience 63% ($9.83M) of the total social value. Most of the value is created from improved emotional wellbeing, improved personal safety and increased independence and positive lifestyle choices.

- Children experience 18% ($2.72M) of the total social value. Most of the value is created through improvements in personal wellbeing, relationships and family life.

- The Victorian Government experiences 12%($1.79M) of the social value through avoided justice, public housing and health costs.

This study was awarded the Excellence in Social Impact Measurement Award at the Social Impact Measurement Network (SIMNA) national conference in May 2017.

Click to view the SROI summary report.

Our collaborators in impact