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Key details

Location Geelong Road, Werribee
Wadawurrung Country

Policy objective Housing diversity

Development PartnerMelbourne Water

Overview

Riverwalk is a well-established community in Melbourne’s thriving west, located approximately three kilometres from Werribee town centre and already home to more than 2,500 residents.

Delivered through a partnership between Melbourne Water and Development Victoria, Riverwalk has transformed formerly vacant land into a vibrant mixed-use community. When complete, the development will include more than 2,600 homes alongside retail, commercial, employment, education and community spaces.

The site is also home to the former Werribee Satellite Aerodrome, which is listed on the Victorian Heritage Register for its historical and architectural significance.

Reflecting its natural setting, Riverwalk will deliver 24 hectares of open space, including wetlands, parklands, connections to the Werribee River and Federation Bike Trail, and numerous local parks. This includes the 1.4-hectare Village Park – one of Victoria’s largest free water play parks – featuring basketball courts, bike trails, playgrounds, barbeque facilities and water play areas.

An acoustic wall has also been installed along the estate’s southern boundary adjoining the Princes Freeway to help reduce traffic noise. Inspired by the granite ridges of the You Yangs, the design provides both a functional and artistic feature for the community.

With thousands of residents already calling Riverwalk home, the community continues to grow as a liveable and welcoming place for Victorians to live, play and connect.

Land is currently selling in the final major precinct of Riverwalk, located in the south-east of the estate.To learn more  visit the My Riverwalk website.

197ha project area

$294 million state government investment

2,600 homes (when complete)

24ha open space (when complete)

Timeline

2008

Partnering Deed Executed 

2009

Rezoning approved

 

2010

Wyndham City Council officially approves Development Plan 

2014

Village Park opens 

2020

Sections 1 and 2 of Coldstream Creek completed 

Transfer of a 4.5 hectare sorts oval site to Wyndham City Council

Liberator Park opens

Riverwalk Primary School opens

Northern Wetlands completed

 

2021

Alfred Road/Princes Highway/ Coldstream Avenue four-way signalised intersection completed

Newmarket Road/Geelong Road Intersection completed

 

2022

Approx 1,500 land lots created throughout the site since development commenced

Early: Sale of future Town Centre site to Oreana Group to oversee development

Late: Farm Road Intersection Complete


2023

Early: First section of Acoustic Wall (abutting Permit Area 6 subdivision works) completed

Early: Tulsi Ave Park opens


2024

Late:  Carnboon Park opens

Late: Pocket park along Newmarket Rd opens

2025

Early:  Hanger Street Park opens

Early: Civil works in Stages 37 and 41 complete

Mid: Completion of Airforce Road Intersection

Late: Second stage Acoustic wall complete

Late: Civil works in Stages 42 complete

2026

Early: Works on Stage 3 Acoustic wall commence

Early: Works on Town Centre commence

Late: Stage 2 Acoustic wall complete

Outcomes

Since the project began in 2005 we’ve delivered:

  • Over 1,500 lots
  • Planning Permits for 1,700 lots over nine permit areas
  • Coldstream Creek and the Northern Wetlands
  • New intersections, including Newmarket Road/Geelong Road Intersection
  • Relocation and restoration of the heritage listed hangars
  • Close to 20ha of open space
  • Links to the Werribee River and Federation Bike Trail
  • Two active open space/sports ovals
  • Transfer of Community Centre and second active open space area to Council
  • Six local parks located throughout the development
  • Supporting delivery of two new schools
  • Supporting delivery of a future aged-care facility
  • Supporting delivery of a new town centre anticipated to house a full-line supermarket

Approach

The Werribee Treatment Plant - managed by Melbourne Water - was relocated in the late 1990s, leaving vacant a vast area of land on the bank of the Werribee River. Melbourne Water partnered with Development Victoria to unlock the site’s potential. This provided the opportunity to utilise the vacant land to create a new neighbourhood, providing much-needed quality affordable housing opportunities in Melbourne’s thriving west.

Development Victoria prepared the Development Plan for Riverwalk, which involved extensive stakeholder engagement with a strong focus on community development and securing essential community infrastructure. The plan was originally endorsed by Wyndam Council in 2010, then subsequently amended in 2013 and 2022.

The Victorian Government has invested approximately $294 million in Riverwalk to date and is anticipated to invest $350 million throughout the life of the project.

Riverwalk assists in alleviating housing pressures on Melbourne CBD, offering a variety of lot sizes in a well-established community with transport connections into the city.

Sustainability

Riverwalk is an "Enviro Development" certified project - a nationally-recognised achievement from the Urban Development Institute of Australia. The certification recognises outcomes across six areas of sustainability: water, ecosystems, community, waste, materials and energy.

Riverwalk has been designed to enhance its natural surroundings. The number of trees will double by the time the development is complete and wetlands will be enhanced through the project.

The development will incorporate sustainability initiatives in the homes such as recycled water, solar hot water, LED lighting, and minimum 7-star rating with passive solar design.

Riverwalk is a connection of liveable and walkable neighbourhoods. To promote reduced reliance on cars, there will be an ongoing focus on access to employment opportunities, community services, shops, schools and facilities through a network of bicycle and pedestrian trails.

A vegetation management plan is in place and any tree removal will be met by an offset strategy

The project was awarded the EnviroDevelopment 6 leaves certification which was awarded formally to Development Victoria and Melbourne Water on 15 February 2018.

Location

The site is around one kilometre from Werribee Town Centre, and has direct access to Princes Freeway.

Development Victoria acknowledges the Wadawurrung people as the Traditional Custodians of the land.

Who to contact about this project

For further information about Riverwalk, visit the My Riverwalk website, follow the Riverwalk Facebook page or email the project team: Riverwalk.Enquiries@development.vic.gov.au

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Updated on 07 May 2026