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Oakover Road, Preston

Project update

Homes Victoria is delivering new social and market homes to give more Victorians a safe and secure place to call home.

The Oakover Road housing site is located in Preston, just 8km north of Melbourne’s city centre.

The redevelopment of the site will replace 26 walk-ups that did not comply with current design standards with 296 new homes, consisting of 99 social homes and 197 market homes.

The site will deliver a significant increase in social housing and First Home Buyers were be given priority access to purchase a new market home.

The supply of new housing at the site will help tackle the growing problem of housing affordability in Victoria

Homes Victoria is joining with development partner MAB Corporation, and registered housing association HousingFirst, to redevelop the Preston site.

What you need to know

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The project is located on Homes Victoria land at Oakover Road, Preston.

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City of Darebin

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The development at Preston will include 296 homes.

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The development will include 5% of Disability Discrimination Act fully accessible homes.

Artist impression

Artist impression of Oakover Road, Preston
Artist impression of Oakover Road, Preston development

Key features

  • Less expensive to heat and cool with a 5-star Green Star rating and 7-star NatHERs average rating
  • Safe and publicly accessible green spaces 
  • Pathways connecting new homes to streets, footpaths and bike paths 
  • Communal rooftop gardens 
  • New street furniture, lighting, and landscaping including durable, high-quality materials 
  • An artist studio and gallery space.

Community engagement

Community engagement is an important element of the project at Oakover Road in Preston.

Previously, Homes Victoria established a Community Consultative Committee for the site that brought together members of the community to help plan the future of the project. As this project is now underway with plans in place, Homes Victoria is hosting regular community engagement opportunities to keep the community informed about all aspects of the project. We undertake regular community drop-in information sessions as well as facilitated stakeholder briefings. 

Members of the community can contact us at any time to find out more about the project using the contact details below, or keep a look out for our newsletters, works notices and other updates.


  • Construction started

    May 2022

  • Two tower cranes installed

    Mid 2022

  • Top out of social homes

    April 2023

  • Social homes complete

    Early 2024

Contact us

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For languages other than English, please call 131 450.

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