Stockland Unveils $201m Community

“With an additional 267,000 people moving into the area since 2010, representing a 38 per cent increase in population, Stockland is proud to deliver another community to meet the demand for quality homes and communities in the west,” Krushka said.

Plans for Wattle Park include a sports reserve, community centre, playgrounds, a 26ha conservation area, and a walking trail and park along the Werribee River.

Stockland’s announcement comes as concern about low land availability in Melbourne grows—according to Red23, just 1000 lots were on the market in Melbourne at the end of February.

Greater Geelong and Cardinia’s median land prices had increased by 38.7 and 5.8 per cent respectively.