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Key details

Valley Lake Boulevard, Keilor East
Wurundjeri Woi Wurrung Country 

Policy objective
Urban renewal


Development Victoria purchased the Niddrie Quarry site in 2000 with the intention of transforming the disused quarry into a premium residential estate, known as Valley Lake.

The site has been rejuvenated through the development of a master plan that embraces the site’s unique location and sets a benchmark for an upmarket residential development. 

We are currently working with Moonee Valley City Council to construct a new shared pathway that will provide safe access for pedestrians and cyclists along the clifftop area of Valley Lake. Find out more here.

48ha project area

573 homes

30% open space

1 new basketball court and playground


  • Lakeside living featuring Niddrie Lake, the boardwalk and amphitheatre
  • Easy access to the CBD and nearby shopping strips
  • Recreation trails for walking, running and cycling, including a cliff-top walkway taking in city views
  • Extensive frontage to Steele Creek
  • 30% of the estate dedicated to open space
  • Peregrine Park, including a basketball court and playground
  • Retained quarry walls, protecting the site’s character and creating a unique landscape
  • Contemporary architecture and streetscapes to protect the estate's unique character
  • Good connections to Melbourne's freeway system
  • Close to trams, buses and Melbourne's bike path network

Innovation and awards

Valley Lake is a demonstration of Development Victoria’s ability to tackle difficult sites.

In 2011, Valley Lake won the Urban Development Institute of Australia’s Victorian urban renewal award in recognition of the barriers overcome to bring new life to the site.


Lake Niddrie which is the central feature of the site, is located on Valley Lake Boulevard, Keilor East.

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

Who to contact about this project

For more information about the project, or to provide feedback please contact us at:

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Project timeline

  • End 2019 – several landscape areas were handed over to Council including cliff faces
  • Early 2020 – Steele Creek pedestrian bridge and retention pond systems completed
  • Late 2021 – reconstructions of the Valley Lake board walk will commence in early September.
  • Ongoing – currently 70% of the Valley Lake estate is under the management of the City of Moonee Valley, with a full handover in the next 12-24 months


Valley Lake is the former site of Niddrie Quarry, which supplied basalt to pave the roads of Melbourne from the 1940s to 1975. 

The quarry was closed in the 1970s, and remained vacant for several decades.

Before redevelopment works could begin, important rehabilitation and earthworks had to be completed to the former Niddrie Quarry, delivered by Development Victoria.

Today Valley Lake is an award-winning residential development providing a unique place for the community to live, respecting the site’s history and rugged topography and integrating sustainable urban design and architecture.

Clifftop Pathway

Development Victoria is working with Moonee Valley City Council to construct a new shared pathway that will provide safe access for pedestrians and cyclists along the clifftop area of Valley Lake.

Multipro Civil Pty Ltd has been appointed to deliver this project and works on the clifftop pathway are underway, following the conclusion of the Peregrine Falcon nesting season in late 2022.

Prior to works re-commencing, a final ecological survey was undertaken in early January 2023, to ensure there was no more breeding activity and that the works could resume safely and with no impact to the Peregrine Falcon family.

A construction update is detailed below:

  • Demolition works are nearing completion and installation of a new stormwater drainage pipework is currently underway.  
  • New underground electrical infrastructure is being installed and excavation work is also in progress, to prepare for the new concrete pathway that will be constructed later in the project. 

Completion of these works is expected in mid-2023.

Register to our mailing list to receive further updates throughout the construction period at

Updated on 26 May 2023