Geelong Road, Werribee
Housing diversity and affordability
Riverwalk is a well-established community in Melbourne’s thriving west, which is already home to over 2,500 residents, and is located approximately three kilometres from Werribee’s town centre.
This 197-hectare residential development is focused on delivering affordable and diverse housing opportunities for individuals, couples and families, all within a 30-minute drive of Melbourne’s CBD.
To date, Riverwalk includes 1,500 lots, a primary school, an early education centre and two community parks, both of which feature play equipment, shelters, barbecues and a range of other facilities to be enjoyed by the community.
When complete, Riverwalk will include around 2,600 homes, two schools, a Town Centre (more information below) and approximately 20-hectares of open space.
Riverwalk is being delivered through a partnership between Melbourne Water Corporation and Development Victoria, to revitalise this vacant land and to unlock the site’s potential.
197ha project area
$350 million development value
20ha open space
Riverwalk Town Centre
We are pleased to announce that we have now completed a successful Expressions of Interest campaign, and have appointed Oreana Group as the developer for the Riverwalk Town Centre.
The Town Centre Vision
The Town Centre has been an important element of the vision for Riverwalk since the very beginning of this project, with the land originally rezoned in 2009, and Council’s approval of the Riverwalk Development Plan in 2010.
The approved Development Plan specified which areas of the site would be used for the future Town Centre, and also identified which of these areas would be developed as commercial/retail land, or as residential land.
A common feature of residential town centres is the inclusion of a mix of commercial and residential land, where higher density homes act as a buffer between the retail component, and homes across the rest of the development.
This has always been the intention for the Riverwalk Town Centre, with commercial and retail land at the centre of the site, and a mix of townhouses bordering the site. The commercial zoned land is anticipated to include a supermarket, along with a range of other specialty retail shops and services.
Our priority is to deliver a Town Centre which complements the existing Riverwalk community, and this will be a key consideration in the appointment of a developer.
Riverwalk is a neighbourhood offering a diverse range of housing to cater for a variety of lifestyles.
Over 600 houses have now been completed, or are under construction.
To keep with its natural setting, Riverwalk also includes:
- Over 20ha of open space
- Wetlands and parklands
- Links to the Werribee River and Federation Bike Trail
- 1.4ha Village Park which includes a basketball court, water play areas, bike trails and playground and BBQ facilities
- Two active open space/sports ovals
- Four local parks located throughout the development
- A riverfront park
- Two new schools
- A town centre anticipated to house a full-line supermarket
The Riverwalk acoustic wall is located on the southern boundary of Riverwalk estate (bordering the Princes Freeway), with the goal of reducing traffic noise.
The acoustic wall was designed by Melbourne-based Wood Marsh Architecture, with landscape design prepared by Tract Consultants.
The design provides an integrated and artistic solution, drawing inspiration from the granite ridges of the You Yangs, which rise above the Werribee Plain, and are visible from the estate.
The former Werribee Satellite Aerodrome is located on the Riverwalk site, and is listed on the Victorian Heritage Register.
The aerodrome complex includes two WWII hangars and a workshop, and is home to the B-24 Liberator Memorial Fund.
Development Victoria and Melbourne Water continue to work closely with the group to explore options for the permanent home and museum precinct at the site.
The site is around one kilometre from Werribee Town Centre, and has direct access to Princes Freeway.
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Updated on 29 April 2022