Development Victoria

Completed projects

Heathmont Place, Heathmont

The closure of Heathmont College in Melbourne’s eastern suburbs left the 3.6 hectare former school site vacant for almost a decade. Development Victoria purchased the site to create a new neighbourhood offering a diversity of housing among established suburbs close to schools, public transport, shops and services.

Construction at Heathmont Place began in 2012 and was completed in 2015. The estate includes 66 townhouses set among three parks. 

Kilgour Place, Geelong 

When the Gordon Institute of TAFE consolidated its activities on two main campuses in Geelong, it vacated a prime location on Moorabool Street, close to the centre of the Geelong CBD. This created an opportunity for an urban renewal project that addressed the demand for smaller households to meet the needs of Geelong’s ageing population. Kilgour Place is now a humming community featuring a mix of apartment living and inner city townhouses, with boutique serviced apartments in a refurbished heritage building and 30 apartments providing affordable rental accommodation for over 50s.


Two decades ago, Lynbrook was a rural property on the industrial edge of the south-eastern suburbs, near Cranbourne. Development Victoria managed the subdivision of the land in the mid-1990s which, once released to the market, quickly established itself as one of the fastest growing estates in the City of Casey.

Meridian, Dandenong

The closure of the Dandenong Treatment Plant in 1996 saw more than 150 hectares of land close to major roads, public transport and central Dandenong become vacant. In a bid to revitalise the area and take advantage of the site’s strategic location, Development Victoria and landowner Melbourne Water built a residential estate comprising 274 homes with 6-star energy ratings.

Metro Village 3175, Dandenong

The former Dandenong sale yards closed in 1998, leaving vacant a site with the potential to become a key gateway to the central Dandenong precinct. Development Victoria and the City of Greater Dandenong have worked in partnership to develop a low to medium density residential estate providing diverse housing options.


Located just three kilometres north of Central Shepparton, Parkside offered an affordable choice for first home buyers and investors. The project also appealed to builders wanting to offer their customers a competitive house and land package price.

Parkside gave purchasers the opportunity to build a new home in an established neighbourhood, with an abundance of local amenities close by, at affordable prices. Close to parklands, a community hub, schools, shops and transport options, the Parkside development provided real value for money. The final sales for the project were completed in early 2018 and final handover arrangements with Department of Human Services occurred in June 2018.

The Gardens at Shepparton

In 2004 Development Victoria (then the Urban Renewal Authority) entered into an agreement with the Greater Shepparton City Council to redevelop the 24-hectare site, located only three kilometres from central Shepparton.

The Gardens at Shepparton provided an affordable range of homes and greener lifestyle in a well-located and friendly community.

More than half of the development is made up of parklands, lakes and wetlands to take advantage of the surrounding natural landscape, while also close to schools, shops and transport.

The final sales for the project were completed in in early 2018 and final handover arrangements with council were made in June 2018.

Tower Hill, Swan Hill

Between 2007 and 2017, Development Victoria and the Swan Hill Rural City Council (SHRCC) have worked in partnership to deliver the Tower Hill residential estate. Tower Hill is the first residential estate in Swan Hill to include Water Sensitive Urban Design principles. During this time, over 300 lots were delivered in partnership.  

A feature of the Tower Hill estate is $1.3 million Barry Steggall Park, which opened in 2013. The all-abilities playground features a state-of-the-art playground, generous green space and picnic and barbecue facilities.

As stage 9b settlements completed in 2017, handover arrangements were made with SHRCC to complete the balance of the project.