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Oakover Road, Preston

Project update

The Oakover Road, Preston development is now complete, providing high quality social for the Preston community.

The new housing at the Oakover Road site is located just 8km north of Melbourne’s city centre and is ideally positioned near transport, community services, jobs and shopping precincts.

At this stage, 99 social homes and 78 of the 197 market homes have been completed, with the remaining homes due for completion in late 2025.

The redevelopment includes a unique community gallery along with green open spaces for residents and the wider community to enjoy.

Homes Victoria has partnered with MAB, and experienced community housing provider, HousingFirst to deliver this project. The new social homes will be managed by HousingFirst who will deliver supportive tenancy management and maintenance services at the site over a 20-year period.

The supply of new housing at Oakover Road will help to tackle housing affordability and provide safe and secure accommodation for people who need it most.

About the project

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

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The redevelopment is delivering 296 new homes, including 99 social homes and 197 market homes with a mix of 1-, 2-, 3- and 4-bedroom homes.

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All new homes are 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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There is a new community gallery for residents and visitors to enjoy.

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The Oakover Road, Preston redevelopment includes a communal rooftop lounge and garden area along with barbecue facilities.

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There are new open green spaces and a pocket park for residents and visitors to enjoy.

Project timeline

  • Construction of social and market housing commenced


  • Completion of social homes and first market home stages


  • Completion of market homes

    Late 2025

Community engagement

Community engagement is an important element of this housing project. We would like to take the opportunity to thank our dedicated Committee members who have been involved in the Preston Community Consultative Committee over a number of years.

Homes Victoria previously established a Community Consultative Committee that brought together members of the community to help plan the future of the project. As the first stages of this housing project have been completed, the Preston Community Consultative Committee has closed.

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Contact us

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For information about social housing at the Oakover Road site, please contact HousingFirst via phone on (03) 9534 5837 or email info@housingfirst.org.au

For all other site related enquiries, please email preston@homes.vic.gov.au