Lifestyle Communities acquires site for 23rd community in outer Melbourne

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The land lease operator is continuing its pledge to grow at a rate of two new communities a year.

The site, located at Rockbank, 29km west of the Melbourne CBD, is part of the Town Centre precinct at Woodlea, a master-planned home to 7,000 people, with construction now forecast to begin within two years.

The new development will contain 180 homes, bringing the company’s portfolio to 4,674 home sites in planning, development or under management.

Managing Director James Kelly said the land purchase was an opportunity for Lifestyle Communities to lock-in a pipeline in Melbourne’s west – one of the fastest growing urban areas in the country – where they already have two communities.

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Adam is an experienced journalist who worked across a range of print and digital media before joining the DCM Group. He covered an extensive series of topics in his past roles and now provides editorial support for the DCM Group’s mastheads.