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Project update

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

Oakover Road, Preston is located to Melbourne’s north, 8km from the city centre of Melbourne in the Darebin City Council area.

The redevelopment of the site will replace 26 social homes that are not compliant with current design standards with approximately 296 new homes, including 99 social homes and 197 market homes.

The site will deliver a significant increase in social housing and First Home Buyers will 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

Location map

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

Map of Victoria indicating local government areas

City of Darebin

A house with a door and a a chimney

The development at Preston will include 296 homes.

A construction worker wearing a hard hat

The development at Oakover Road, Preston will create over 880 jobs.

Person in wheelchair approaching wide doorway

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

Artist impression

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 Committee 

Community engagement is an important element of the project. The department has established a Community Committee for the renewal of the Preston site. 

The committee is chaired by Kat Theophanous MP – State Member for Northcote. 

The committee brings together important community members and representatives of local organisations to provide advice on the redevelopment of the site. It enables ongoing and two-way feedback through participation with the community and the stakeholders. 

Members of the committee provide advice and feedback on redevelopment plans and identify local issues and matters of concern as they arise. 

Committee members will communicate the progress of the redevelopment back to their communities to support the successful delivery of the project. 

Contact us

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For languages other than English, please call 131 450.

Community newsletters

The latest community newsletter has updates on the progress of this important redevelopment project in Preston: