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Barak Beacon, Port Melbourne

Project update

Homes Victoria together with not-for-profit project partner Building Communities including builder ICON is redeveloping the Barak Beacon housing site to provide social, affordable, private rental and specialist disability homes close to all the services, jobs and great destinations Port Melbourne has to offer. This is all part of the Victorian Government’s plan to improve housing affordability by tackling the root of the problem: building more homes for more Victorians in the places people want to live.

All new homes at Barak Beacon will be delivered under a Ground Lease Model, where Homes Victoria leases public land to Building Communities to finance, build, operate and maintain the new homes for a 40-year lease period. This means that all land remains in public ownership. There is no sale of public land.

Currently, ICON is securing the site with fencing. The project is still subject to planning approval before construction can commence.

About the project

The 89 previous homes at Barak Beacon were aged and not fit for purpose. That’s why we’ll replace them with 408 quality new 1-, 2-, 3- & 4-bedroom homes that include a mix of social, affordable, private rental and specialist disability accommodation. 

The redevelopment will achieve a 46% increase in social housing, and community infrastructure including a new community room and space for a social enterprise. There will also be a new green open space, a community garden and landscaped areas that better connect to the surrounding neighbourhood, and complement Port Melbourne’s Garden City character. 

Once completed, the new homes at Barak Beacon will be managed by one of Victoria’s leading not for profit housing organisations - Community Housing Limited (CHL). CHL will be based at the site delivering tenancy management services, community building programs, and regular maintenance. All previous tenants of Barak Beacon will be invited to return once the redevelopment is complete. Returning renters will retain all of their existing rights and conditions as social housing residents which includes a secure, long-term lease.  

Did you know?

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The 21,000 sqm site at Barak Beacon is located just 3km from Melbourne’s CBD in the inner suburb of Port Melbourne in the City of Port Phillip. The site has land capacity to provide more and better homes for more Victorians, and is ideally positioned close to public transport, jobs, and community services. (View on the map.)

Icon of a house with a door and a a chimney

The new homes at Barak Beacon will be leased for a 40-year term to not-for-profit project partner Building Communities which includes ICON as the builder, and Community Housing Limited as the community housing provider. All the land at Barak Beacon will remain in public ownership. There will be no sale of public land.

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New social housing at the site will be more comfortable and less expensive to heat and cool with a 5-star Green Star rating, and 7-star NatHERS average rating.

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New homes at Barak Beacon will include specialist disability accommodation.

Icon of a house with a door and a a chimney

All previous renters of Barak Beacon will be invited to return once the redevelopment is complete, and they will retain all their existing rights and condition including a secure, long-term lease.

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The redeveloped Barak Beacon site will better integrate with the surrounding neighbourhood and provide quality spaces that the wider community can enjoy.

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The project at Barak Beacon and the other Ground Lease Model sites located in Hampton East, Prahran and South Yarra will support approximately 7,600 jobs across the economy.

Community consultation and next steps

We held two stages of community consultation on the Barak Beacon project to hear back from the community about our plans to redevelop the site.

Stage one community consultation on the Barak Beacon project was held between June and July 2022, and stage 2 community consultation was held between February and March 2024.

For information about how we engaged the community during this project and what happens next, please visit our Engage Victoria webpage for the project.

Thank you to everyone who took part in the consultation process.

Project Timeline

  • Project announcement

    December 2021

  • Residents at Barak Beacon supported to relocate

    December 2021 onwards

  • Stage 1- community consultation

    June-July 2022

  • Enabling works commencement

    Early 2023

  • Appointment of project group to deliver project

    Late 2023

  • Stage 2 - community consultation

    Early 2024

  • Main works construction commencement (pending approvals)

    Late 2024

  • Construction completion

    By end of 2026

  • Renters welcomed back to new homes

    From late 2026

Fact sheets

Translated Fact sheets

Contact us

Email icon:

For information about the redevelopment of Barak Beacon in Port Melbourne please contact ICON’s 24-hour hotline on (03) 9389 3619 or email community.questions@icon.co.

For information about how Homes Victoria is delivering more and better homes for Victoria please contact portmelbourne@homes.vic.gov.au