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Residential Development Finance

Helping our state thrive through residential development

Development Finance That Builds South Australia’s Future

Our dedicated Development Finance Division provides expert, tailored banking solutions for residential development projects across South Australia. With decades of experience and deep local knowledge, we’re committed to supporting South Australian developers with the capital and guidance they need to bring housing projects to life.

We understand the challenges of today’s housing market and we’re here to help ease the shortage by enabling more homes to be built, faster. Our goal is simple: to help South Australians thrive.

Whether you're planning a boutique townhouse project or a large-scale residential community, our team can help unlock funding and support for:

  • Site acquisition
  • Land subdivision
  • Construction funding

Let’s build a better future, together.

Michael Sherman

Head of Development Finance

With over 25 years of experience in the banking and finance industry, Michael is a seasoned leader in development finance, specialising in:

  • commercial and residential property development
  • cash flow management
  • capital structuring

His career has spanned a wide range of financial disciplines, with a consistent focus on delivering strategic funding solutions. He has played a key role in delivering many of South Australia's flagship development projects.

In addition to his professional achievements, Michael is an active member of the Property Council of Australia, serving on the Residential Development Committee. In this role, he contributes to policy discussions, advocates for industry best practices, and supports initiatives that promote sustainable and affordable housing solutions nationwide.

Jordan Norris

Account Manager Development Finance

Jordan is an Account Manager in Credit Union SA’s Development Finance Division, where he supports South Australian developers with tailored funding solutions for residential projects. With a strong foundation in finance and a passion for property development, Jordan plays role in supporting Members with site acquisition, land subdivision, and construction funding.

He has completed his Master of Applied Finance at the University of Adelaide, Jordan brings both commercial knowledge and practical experience to his role. Known for his approachable style and commitment to client success, he is driven by a desire to contribute to South Australia’s housing future.

Discuss how our local experts can help with funding for Residential Development projects

For security reasons, current members of Credit Union SA are asked to submit all account enquiries through Internet Banking Secure Mail.

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